If you have ever read an article on eBay, you'll have discovered the
type of income people earn - it isn't strange to find out about people
earning thousands of dollars per month on eBay.
Next time you are surfing the eBay site, check out how many
PowerSellers there are: you'll find quite a few. Now think about the
fact every single one of one of them must be making at least $1,000 per
month, as that's eBay's requirement for becoming a PowerSeller. Silver
PowerSellers make at least $3,000 monthly, while Gold PowerSellers make
more than $10,000, and the Platinum level is $25,000. The top level is
Titanium PowerSeller, and to measure up you must make at least $150,000
in sales each month!
It's hard to believe that Ebay has been around for ten years. eBay
started in September 1995, by a man named Pierre Omidyar, who was
residing in San Jose, California. He envisioned his site - formerly
known as 'AuctionWeb' - to be an internet mart, and composed the first
code for it in one weekend. It was one of the first sites of its type
on the planet. The name 'eBay' follows from the domain Omidyar applied
to his internet site His company's name was Echo Bay, and the 'eBay
AuctionWeb' was formerly just one part of Echo Bay's website at
ebay.com. The first product ever traded on the site was Omidyar's
defective laser pointer, which sold for $14 .
The web site rapidly became hugely popular, as vendors arrived to
auction off all sorts of strange things and buyers actually purchased
them. Relying on faith appeared to work out outstandingly well, and
implied that the web site could just about be left alone to run itself.
The internet site had been configured from the beginning to take in a
small fee on every sale, and it was this revenue that Omidyar applied
to finance AuctionWeb's expansion. The fees speedily totaled up to more
than his salary at the time, so he resolved to quit his job and devote
attention to the site full-time. It was at this point in time, in 1996,
that he added the feedback capability, to let buyers and sellers rate
one another and make purchasing and trading safer.
In 1997, Omidyar modified AuctionWeb's - and his company's - name
to 'eBay', which is what people had been using to refer to the site for
awhile. He started to spend a great deal of money on promotion, and had
the eBay logo created. A milestone was reached in this year - the
one-millionth item was sold (it was a miniature version of Big Bird
from Sesame Street).
Then, in 1998 - the peak of the dot com company boom - eBay became
big business, and the investment in Internet businesses at the time
allowed it to bring in senior managers and business strategists, who
took in public on the stock market.
It began to encourage people to trade more than only collectibles,
and rapidly morphed into a huge site on which you could trade anything,
big or little. Different from the other websites, though, eBay endured
the final stage of the bonanza, and is still going strong nowadays.
1999 saw eBay go worldwide, unveiling sites in the UK, Australia
and Germany. eBay purchased half.com, an Amazon-like internet retailer,
in the year 2000 - the same year it inaugurated Buy it Now - and bought
PayPal, an internet payment service, in 2002.
Pierre Omidyar has now cleared an estimated $3 billion from eBay,
and still serves as Chairman of the Board.There are now literally
millions of items bought and sold every day on eBay, all over the
world. For every $100 spent online worldwide, it is estimated that $14
is spent on eBay - that's a lot of laser pointers.
The fact that these PowerSellers are around gives you some idea of
the money possibilities on Ebay. Most of the power sellers never
intended to even launch a commercial enterprise on eBay - they merely
began trading a couple of items, and then continued. There are quite a
lot of people whose full-time job is merchandising items on eBay, and
some of them have been working at it for years now. Can you believe
that? Once they've purchased the merchandise, everything else is
basically pure profit for these people - they don't need to spend money
on any business premises, employees, or anything else. There are
multi-million dollar commercial enterprises earning less in genuine net
income than eBay PowerSellers do.
Even if you do not want to resign from your line of work and really
try for it, you can use all the same eBay to make a substantial
supplemental income. You can package customer purchases during the week
and bring them to the local post office for shipping each Saturday.
There are few other things you could be doing with your free time that
have anywhere close to that kind of money-making potential.
What's more, eBay could care less about who you are, where you
reside, or if you are good-looking. Some PowerSellers are very old, or
very young. Some live out in very rural areas where selling on eBay is
one of the few options to agriculture or being very impoverished. eBay
levels the playing field and removes the roadblocks to earning that the
real world constantly erects. There's no job interview and no traveling
back and forth involved - if you can post items on the site, you can
make it happen!
Put it this way: if you know where to acquire something fairly
inexpensively that you could sell, then you can sell it on eBay - and
because you can always get discount rates for mass purchases at
wholesale, that's not hard. Purchase a job lot of something in-demand
inexpensively, sell it on eBay, and you are earning cash already, with
no set-up expenses.
If you wish to try it out before you commit to really purchasing
anything, then you can just sell unwanted objects that you've got
sitting around in the home. Explore that closet full of items that you
never use, and you'll in all likelihood find you've got a couple of
hundred bucks' worth of stuff lying around in there!
This is the beauty of eBay: there is always someone who wants what
you're selling, whatever it might be, and because they have come
searching you out, you don't even need to do anything to get them to
buy it.
Please visit http://www.homebizhelper.com
About The Author
Please visit http://www.homebizhelper.com
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Distributed by Hasan Shrek, independence blogger. Also run online business , matrix, internet marketing solution , online store script .
Beside he is writing some others blogs for notebook computer , computer training , computer software and personal computer
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