Copyright (c) 2009 Michael A JonesThe eBay business model can leave you aghast! It rates as one of the greatest business success stories of all time. The concept is quite simple but brilliant. eBay is a worlwide marketplace which has brought about a person-to-person online trading community. eBay brings buyers and sellers together. Successful? Consider this – it started out as AuctionWeb in 1995 in California. It went public in 1998 and the founders of the company became instant billionares.These facts about the eBay business model make fascinating reading:This year over 2 billions items will be listed for sale.Daily thousands join the already registered 200 million users.Transactions to the value of $400 billion have been made since eBay started.$50 billion dollars are now spent each year which averages out to $100,000 per minute.Half of all persons who u ldd se the internet visit the eBay site at least once in a month.eBay has over 2 million visitors a day.and lastly, many people from all walks of life, from different cultures and backgrounds, have taken hold of the eBay business model and transformed their financial situation, allowing them to live in ways they could only dream about. Having achieved financial freedom, men and women can now work from home and pursue other goals in life which are meaningful and worthwhile to them.Is it any wonder then that there continues to be huge interest in the eBay business model? Could it be for you? Have you ever wondered about starting an eBay business? As stated before, the concept is simple. Buyer meets seller. A price is agreed upon and the transaction carried out. To make a profit simply get products at a lower price and then sell them at a higher price. That’s it.
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