Ebay Tips - How Ebay Can Be a Money Machine For You

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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:

- 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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