Thursday, May 22, 2008

Making a Living on eBay

Economy: Making a Living on eBay Newsweek Voices - Daniel Gross Newsweek.com: "Certain numbers have an iconic status in America's business culture. One of them is the number of people who derive income selling goods on eBay: 1.3 million. The figure has been cited by eBay executives such as former CEO Meg Whitman, speaking on 60 Minutes in March; by companies that are part of the eBay economic ecosystem; and, in late April, by presidential candidate John McCain. 'Today, for example, 1.3 million people in the world make a living off eBay,' he proclaimed. 'Most of those are in the United States of America.'

Where does this number come from? And do more than 650,000 Americans really 'make a living' selling costume jewelry, baseball cards, and cameras in the world's largest swap meet?"

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