eBay Business
April 10th, 2006 by ert
One of the largest ecommerce entities is eBay. Most people buy and sell on eBay on a regular basis but few actually consider it as a viable way to make a lot of money.
The truth is that eBay is not only a great way to make money, but it’s very affordable to operate and easy to get started in business.
Why would you consider eBay over building your own ecommerce site?
Source: Kellogg.edu
- There are nearly 95 million eBay users who spend $894 per second.
- Most eBay sellers are individuals and small businesses who
sell everything from porcelain dolls to DVD players to Mercedes
convertibles. - Every day, more than 2 million new items are added to the
eBay marketplace, more than 10 million bids are placed, and more than
100,000 new people register to buy and sell on eBay. - At any given moment, eBay is conducting some 19 million auctions, divided into more than 45,000 different categories.
- About 2 million new items are offered for sale every day.
- One company is grossing more than $5 million per year
selling brand-new pool tables on eBay. Their eBay store is so
profitable that they’ve closed their retail location and now sell
solely online. That’s right, they’re making $5 million by selling pool
tables—proof that you can sell just about anything on eBay if you know
how to do it.
Although eBay can be profitable it is NOT an easy ride. eBay store owners work just as hard as any other ecommerce owners. When considering an ecommerce business give eBay a thought.
Relevant Tags: ebay business, ebay seller, ecommerce business, ecommerce site, online profit
Posted on Monday, April 10th, 2006 at 2:09 pm In E Commerce Secrets