Source: eBay’s 2007 merchandise sales grow 13.1% to $59.3 billion - Internet Retailer
A recent Consumer Reports survey of eBay users found that almost half of eBay buyers have encountered some type of fraud on eBay. The Federal Internet Crime Complaint Center receives more complaints about Internet auction sites than any other type of online fraud.
This is why it is important for Manufacturers to authorize select dealers on eBay. Buyers on eBay are looking for legitimate businesses to buy from and are willing to pay more for an item if they can be assured the transaction will be legitimated.
The survey also revealed that Pay Pal was used in 89% of purchases in the Consumer Reports Survey.
Source: ConsumerReports.org - Winning at eBay: How to bid smart & play safe
Quincy, IL / Business Wire / July 2, 2007 - DiscountGolfWorld.com was recently named one of Cleveland® Golf Company’s 14 Internet Authorized Dealers. Along with being Internet authorized, DiscountGolfWorld.com has become Cleveland Golf’s first Internet Authorized Dealer approved to sell on eBay. The management team of DiscountGolfWorld.com brings over 10 years of experience working with manufacturers to not only sell, promote and merchandise products online, but also how to effectively distribute their products on eBay.
I came across an article today on DoItYourself.com that outlined the top 5 reasons eBay sellers fail. I would like to use those five reasons to point out why we are so successful on eBay.
According to Nielsen/NetRatings, eBay’s unique visitors increased to 61 million in March 2007, up 10% from March 2006. The second most visited retail site with 42 million unique visitors was Amazon.com, #1 on the Internet Retailer Top 500. This is one of the reasons eBay does anywhere from 20-50% of all online sales. There are a lot of people (221 million registered users in 2006) looking for items on eBay.
Read Full Story: InternetRetailer.com - With 10% growth in visitors, eBay continues to lead shopping/travel sites
Interesting PayPal and eBay facts reported at eBay Live in June 2006:
Read More: Skype Journal: eBay, PayPal, Skype by the Numbers
4.3 million people make a significant chuck of their income from eBay. Many of those sellers on eBay to do not report their eBay earnings to the IRS. eBay argues that it is not a broker or a middle man and should not have to disclose it’s seller’s earnings.
Read More: FT.com - Treasury aims to collect $2bn in extra taxes
eBay has released their statistics from 2006. It’s hard to calculate eBay’s true percentage of total e-commerce sales, but it is a large percent. We estimate that eBay accounts for any where from 20%-50% of all e-commerce sales. (more…)
