Tuesday, September 30, 2008

Ebay Profiting - How Ebay Can Be a 24-7 Money Machine For You

eBay is one of the biggest online buyer and seller markets today and is one of the most popular online markets to shop from. If you open a store in eBay to promote your products or services then you are bound to benefit from the huge number of daily visitors. Apart from high visibility there are some great features that makes eBay one of the safest e-commerce portals in the world today. Here are some statistics that will help you understand how popular eBay really is:Click Here!


- 95% of the sellers on eBay are either individuals or home-run businesses or small businesses.

- Every second goods worth $729 are sold on eBay

- Almost 10,000 visitors check out eBay Motors each month.

- There are approximately 19 million items on eBay at any given point in time, which is almost 300 times more than what you will find at Wal-Mart.

- There were 65 million registered users in eBay in 2003 and that number has gone up to 233 million in 2007.

- $6.7 billion worth of old and new cars were sold in eBay in the last couple of years.

- By the end of 2004, the market value of eBay was $34.2 billion, which is more than that of Ford Motor.

In the last 10 years, eBay has evolved and is not regarded as just an auction site anymore; in fact now it is a complete e-commerce mega portal. Each year, billions of Dollars worth of fixed-price items is sold on eBay and the transaction each month is in millions of dollars.

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eBay sellers can really be divided into 2 main categories:

1. Those sellers who just wish to auction off a few items for some extra cash

2. Those sellers who wish to start and build an eBay business, to generate a regular, perhaps even full-time, income.

If you are in latter group, you should definitely take at eBay business solutions. The thing to remember is that eBay 's success depends on the success of its sellers, and eBay wants to help sellers like you at every turn. One of the way that eBay offers that help is through eBay Business Solutions.

Perhaps the best known, and one of the better solutions for eBay business owners, is eBay Stores. An eBay store allows you to list multiple quantities of the same item, and to keep them listed for longer time periods. Additionally, eBay Store owners also enjoy lower auction fees, and have access to advanced merchandising tools.

The next step up from an eBay Store, and one that you should eventually be aiming towards is an eBay Pro Store. An eBay Pro Store will allow you to customize your storefront with your own brand and web address.

As well as stores, there are also many other eBay Business Solutions. These include seller tools, the eBay solutions directory, and the merchant solution center. All of these are useful to many businesses, and hence are worth looking at, but don't try to bite off more than more you can chew in one go. Start with your very own eBay store, plan to eventually grow into an eBay Pro Store, and go from there.
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