Start your own Business with eBay

Just recently I was surfing the web and I noticed an interesting article about ebay. It was different than most other general informative articles, it provided statistics and interesting advice for those interested in opening their own business with ebay.com, who knows maybe you are the next E-billionaire?

eBay, formed in 1995, has become the world's biggest marketplace for anything you can imagine. At any given moment around 29million goods are available to a customer, 3.5 million are added each day and $1,000 worth of merchandise is sold every second. There are 135 million registered users on ebay in 32 international markets, in just United States alone around 430,000 people make a full or part-time living.

"If you think eBay is just about bobblehead dolls and Pez dispensers, think again. While $2.2 billion worth of goods in collectibles were sold on eBay in 2004, antiques and collectibles ranked only No. 6 among eBay's sales categories. The five highest were: automobiles and auto supplies ($11.1 billion); consumer electronics ($3-5 billion); computers ($3.0 billion); clothes and accessories ($2.9 billion); and books, movies and music ($2.4 billion).

Real people are making big bucks on eBay--and thousands have even reached PowerSeller status by maintaining at least $1,000 per month in sales for three consecutive months. Case in point: Angle Cash, 37, a stay-at-home mom who started selling on eBay nearly six years ago because it was "something I could do and watch the kids at the same time." Today, her Kennesaw, Georgia, company, Cashco1000 Inc. (www. cashco1000.com), sells thousands of home-decoration and other items each month on eBay and expects to break $500,000 in sales on eBay this year."

findarticles.com also gives suggestions how to start your own eBay business, where to look for things to buy, what price to buy them at, and what price to sell them at.

The article can be found here.