Where Haves Meet Wants
"The one thing that is just so powerful about eBay is that it's so simple and yet so unique that it's caught the interest of people at all levels," eBay's Vice President and General Manager of Technology and Entertainment John Herr said.
Over the years eBay has grown into a global trading platform with millions of goods scattered across the site in literally thousands of categories. According to Herr, about 40 percent of the electronics products on eBay are new. Another 14 percent are refurbished, and the remaining 46 percent are used. And while the majority of the goods listed are being sold peer to peer, a growing number of small and mid-sized retailers are beginning to get in on the eBay action, as well as a handful of manufacturers.
"We've found a huge receptivity from small and medium businesses," Jordan Glazier, Senior Director of Business Development of eBay , said. "They're in essence the bread and butter of the [electronics] category in eBay."