In the first half of 2005, eBayers sold approximately US$10.6 billion worth of goods through the online auction service.
Check out the eBay press release here.
Some things to consider:
– The average sales per eBayer (all 1.5 million) in the first half of 2005 was US$7,067.
– Over half of eBay members use the online auction as a primary or secondary source of income.
– Less than 1 percent of U.S. Internet users are eBay members.
– eBay members outnumber Wal-Mart employees in the U.S. by 200,000 people.
Interesting things to ponder€¦ How many of these eBay members are not using traditional local media (newspaper classifieds, for instance) to advertise their products because they heavily depend on eBay? How many new businesses have formed to support eBay members or wannabees €" such as drop-off auction houses, shipping product distributors, eBay educators, etc.?