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eBay Has come a Long Way
In its nearly 11 years of existence, the auction site eBay has come a long way from its early days as a souped-up online flea market. Thanks to its anyone-can-sell business model, and a prevailing philosophy that there’s a buyer out there for anything, eBay has become the granddaddy of all auction sites. Countless people have managed to sell an item or two at a profit.
Some people have even managed to make a tidy living by selling stuff on eBay, sacrificing nights and weekends to keep their inventories moving. And some of these so-called PowerSellers do well enough to ask themselves a potentially life-changing question: Is eBay a place where I can get rich?
Some PowerSellers claim that riches can be had, but that it takes an almost-obsessive focus on how the selling is done, what’s being sold, and how inventory is managed. In other words, if someone selling $1 geegaws on eBay envisions buying a private island someday, he or she had better keep dreaming. If, however, those widgets are $50,000 each, some snorkeling gear might yet lie in the future.
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