Email a copy of 'eBay Expands Retail Revival Program to North Carolina' to a friend
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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Yeah – I have to comment – I think I HeartJackSparrow posted in the past about math on the numbers but now – lets refer back to :
Sept 17 2018 (Ebay Revival Notes:….. https://www.ebayinc.com/stories/news/retail-revival-hello-lansing/)
After hundreds of applications, numerous meetings and months of work in preparation for launching this partnership, we hit the ground running – onboarding more than 100 small businesses in Akron and surrounding communities on March 1st. After six months in Akron, the program has expanded to Lansing, Michigan with more than 50 participating small businesses.
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So – Between Akron and Lansing – A total of 150 Sellers (maybe a tad more)……Since Sept 2018 (and 6 months prior when this article BY Ebay came out) – So we are looking at a 12 month period.
Let’s See, Over 30,000 Items Sold and assuming each business had an equal share :
150 businesses (30,000 items/150 businesses) = 200 Items per store (for the first year)
(and of course 17,000 bought means each buyer purchased less than 2 items apiece)
That means over a 12 month period……..200 Items/12 Months = 17 Items sell each month – WOW, just WOW.
Which would relate to Ebay’s current Sellers – So if an Ebay store is selling over 17 items each month – they can consider it above and beyond the Retail Revival count – and a Success too! And I am sure those 150 business are prospering beyond their wildest dreams selling 17 items a month!
I truly hope these businesses are not depending on Ebay for their day to day income because that would be truly sad… and after all the time and effort the Ebay staff put into converting these sellers to on-line selling (As in their own words: After hundreds of applications, numerous meetings and MONTHS of work in preparation for launching this partnership, we hit the ground running……..)