eBay is obviously a highly successful online marketplace, but you will have to determine if its the right place for your products. With the COVID-19 pandemic, the way consumers live and shop has changed drastically, with 58% of shoppers saying they feel safer shopping online during the pandemic. Whether youre an established business considering eBay as a new sales channel, or youre thinking of breaking into ecommerce, there are some good reasons to choose eBay if its right for your customers and your business goals. 20 Exciting Xbox Statistics to Keep You Playing in 2022, 20 Immersive Virtual Reality Statistics to Know in 2022, 18 Patreon Statistics to Take Your Breath Away in 2022. Access to this and all other statistics on 80,000 topics from, Show sources information eBay is now ranked 44th in the worlds most frequented website list. You might find that the users who frequent eBay are more likely to buy your products. eBay provides its sellers with certain tools that enable them to develop their own brand and maximize their sales. In October 2021 alone, eBay received 783.33 million visits, with the average visit duration being 6 minutes and 42 seconds long. Remember that these figures will vary depending on what youre selling. Younger Millennials and Gen Z havent flocked to eBayin the same volume as audiences who remember when the marketplace launched and catapulted to popularity. Eligible Postcodes. As a Premium user you get access to background information and details about the release of this statistic. While you have more flexibility with eBay than with some other marketplaces, its not the same as having your own ecommerce site that you fully control. Weve looked at some of the possible advantages to using eBay as a sales channel, but here are some of the possible disadvantages that you need to be aware of before taking the plunge. Accessed December 11, 2022. https://www.statista.com/statistics/242235/number-of-ebays-total-active-users/, eBay. Last reported quarter 2021 Q4 it was 147 million, down by -9% year-over-year from 162 million. Buying items through a marketplace isnt the same as purchasing from a tried-and-true business, so it can be a little bit more difficult to earn customer trust. You can only download this statistic as a Premium user. On eBay, you can only use their messaging platform. 49% of people shop online using their cellphones, and eBay is no exception. The types of products sold and the sellers expectations determine what is considered a successful sell-through. Not everyne aggrees as to w. As of 2022, the average annual income of an eBay seller is roughly $42,000. These listings arent all posted by individual online sellers anymore, either, with large and small businesses alike creating eBay stores to take advantage of the marketplaces high traffic. Message 5 of 14 Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. eBay demographics: Nearly 62% of eBay users are male, and 38% are female. Buyers may register more than once, and as a result, may have more than one account. eBay raised $123 million for non-profit organizations in 2020. eBay was named AuctionWeb until September 1997. https://investors.ebayinc.com/fast-facts/default.aspx, https://www.statista.com/statistics/1019999/ebay-sellers-location-by-country/, https://www.statista.com/statistics/1020021/ebay-sellers-location-by-us-state/, https://d18rn0p25nwr6d.cloudfront.net/CIK-0001065088/e53ed054-ea63-4257-a12b-efee32befe77.pdf, https://www.theacsi.org/index.php?option=com_content&view=article&id=149&catid=&Itemid=214&c=eBay, https://www.marketplacepulse.com/articles/ebays-market-share-slips-to-below-5, https://www.statista.com/statistics/579505/most-popular-us-shopping-apps-ranked-by-reach/, https://www.statista.com/statistics/878623/digital-retailers-digital-buyers-cross-border-digital-purchases/, https://www.statista.com/statistics/579718/most-popular-us-shopping-apps-ranked-by-audience/, https://investors.ebayinc.com/investor-news/press-release-details/2019/viagogo-Acquires-StubHub-from-eBay-for-405-Billion/default.aspx, https://investors.ebayinc.com/investor-news/press-release-details/2020/eBay-Inc.-Reports-Better-Than-Expected-Second-Quarter-2020-Results-and-Raises-Full-Year-Guidance/default.aspx, https://investors.ebayinc.com/investor-news/press-release-details/2020/Adevinta-to-Acquire-eBay-Classifieds-Group-to-Create-the-Worlds-Largest-Online-Classifieds-Company/default.aspx, https://www.cnbc.com/2019/11/25/ebay-nears-deal-to-sell-stubhub-to-viagogo-for-about-4-billion-dj-citing-sources.html, https://money.cnn.com/2018/02/01/technology/paypal-ebay-payments-split-adyen/index.html, https://www.ebayinc.com/stories/news/ebay-inc-reiterates-truth-about-skype/, https://www.cnet.com/news/ebay-buys-milo-to-unite-online-offline-shopping/, https://www.ebayinc.com/stories/news/ebay-inc-adds-bill-me-later-to-portfolio/. Fees add up quickly, and some add ons can add up to a couple of dollars per listing. SPSS Statistics: A Practical Guide 4th Edition by Peter Allen (English) Paperbac. However, the situation is somewhat different in the US, where new products are sold 56.3% of the time, compared to 39.8% for used items. The remaining revenue came from the U.K. ($1.7 billion), South Korea ($1.4 billion), Germany ($1.1 billion), and the rest of the world ($1.95 billion). eBay key statistics eBay generated $10.8 billion revenue in 2021, a 5.8% increase year-on-year Gross merchandising volume on eBay reached $100 billion in 2020 159 million people are active on eBay, most are based in the US Over 19 million sellers have accounts on eBay eBay overview eBay revenue eBay made $10.8 billion revenue in 2021. Statistics show that as of 2013, eBay boasted an active userbase of over 112 million while Etsy had 22 million members and generated nearly $900 million in sales. Corinne holds degrees in graphic design and psychology. Keep reading to learn interesting facts about this popular e-commerce company. If you do, here are some strategies you can use to help ensure your success. In 2019, there were 182 million active eBay users worldwide. In turn, free shipping leads to more overall sales. Remember eBay has more than a billion active listings! Lets break down some eBay sales statistics. That alone is reason to at least consider the pros and cons of standing up an eBay store as one of your sales channels. Now, lets break down some eBay app and website stats. Whether youre planning on launching your own eBay store, or youre merely looking to expand your own and others knowledge of this marketplace and eCommerce in general, you can count on these stats. Statistics on the topic Overview Financials Buyers and sellers Segments Online traffic Workforce eBay's market capitalization 23bn USD eBay's monthly visits 3bn Country generating the most. Discounts for Military and Military family members. These listings include listings from sellers around the world with items spread across hundreds of categories, both pre-owned and new. A feedback score is calculated as follows: +1 for each positive feedback, no change for a neutral feedback, -1 for each negative feedback. Date: Jun 18, 2020 The number of active buyers decreased by 2 million since the same period of 2020. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Clothing and Accessories category is nearly as profitable (14%). Going back to the point of having less up-front work, you can be up and running on eBay just minutes after signing up theyve done all the heavy lifting for you, so you can focus on marketing your product. Lets break down some statistics about used and new sales on eBay. eBay acquired Shopping.com for $620 million in 2005. If you run your own ecommerce site outside of eBay, syncing it with your eBay profile can have a high reward when it comes to business operations. Some individuals earn upwards of $70,000 each year. In 2019, eBay had a global user base of 182 million people. You should check any coupon or promo code of interest on the eBay acquired local shopping and price comparison startup Milo in 2010 for $75 million. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Sponsored. In July 2022, eBay received 756.6 million visitors. Buyers may register more than once, and as a result, may have more than one account." From a buyers perspective, it functions much like a big-box store its a one-stop shop for everything they need, and the presence of competition can help keep prices low. While eBay started out as a marketplace primarily focused on vintage and collectible items, today youll find that the majority of items listed are brand new. Figures prior Q2 2021 were taken from earlier releases. As a Premium user you get access to the detailed source references and background information about this statistic. Even though eBay is a U.S.-registered company, its users and sellers are scattered across other major countries and many markets. Download as image Source: Statista United States 31% United Kingdom 29% Germany 15% China 12% Australia 4% Italy 2% 31% of eBay sellers are based in the United States. Its clear that the U.S. dominates desktop searches. Lets break down some eBay advertising statistics, including social media and search statistics. In 2020, Amazon achieved 38% year-over-year net sales revenue growth, whereas eBays revenue growth was only 19%. Youve seen 40+ of the most recent and interesting eBay stats, and now its time for you to put these statistics to use. Amazon statistics show that men mainly dominate the buyer section on Amazon as well. The highest number of visits comes from US accounts. The source adds the following note: "All buyers who successfully closed a transaction on our Marketplace platform within the previous 12-month period. In fact, today, eBay is the second-largest online marketplace worldwide. And, while the seller fees that eBay charges are relatively low, you do need to keep them in mind as you strategize your marketplace presence. Users may register more than once, and as a result, may have more than one account. A paid subscription is required for full access. After all, eBay is synonymous with online purchasing, so the answer to this question is no.. The insertion fee you pay to list your products applies per category, so if youre listing a product in multiple categories, you will pay an insertion fee on that listing twice. And if a buyer doesnt pay, youll have to work with eBay to get your final value fee re-credited to you. eBay is a well-known online marketplace for purchasing and selling goods and services. Products sell differently in different markets, and each marketplace will offer access to a unique target audience. In, eBay. Located in: GL1 5SQ, United Kingdom . In a survey conducted by eBay, most of its U.S. sellers said that they sold pre-owned goods. That alone is reason to at least consider the pros and cons of standing up an eBay store as one of your sales channels. 1 min article. $9.772 billion of eBay's $10.42 billion in 2021 revenue came from fees. Delivery time is estimated using our proprietary method which is based on the buyer's proximity to the item location, the shipping service selected, the seller's shipping history, and other factors. Compared to 2019, the number has grown by 6% and continues to incline. Worldwide, eBay claimed the 34th spot. Generally, consumers are willing to spend more money to reach the free shipping threshold, regardless of whether the shipping cost was high to begin with. Georgia scored lowest on the list, with only 3% of eBay sellers. Access our guides, research, and other resources. show. Take advantage of our coupons for better deals. Other popular seller locations included the U.K. with 29% and Germany with 15% of top sellers. 2021 were automotive, fashion, and jewelry. Skype was sold to Microsoft in 2011 for $8.5 billion, with eBay earning $1.4 billion from its 30% stake in the deal. eBay has also heavily invested in several successful companies like PayPal(acquired by eBay in 2002; the companies split in 2015) and StubHub(acquired in 2007). As a result, more people that form part of the Baby Boomers generation (60+ years old) are shopping online than ever before. Major eBay Statistics and Facts. Every business and what each needs to be successful is going to be different. You can find anything from collectible baseball cards to brand new cars on eBay. If youre interested in learning more about. The average session duration was just over eight minutes. eBay Statistics to Make Any Seller's Head Turn By 2020, analysts predict that 40% of the online retail market worldwide will be through online marketplaces. Selling productsthrough a marketplace gives you a bit of insurance if disaster strikes your ecommerce site. Due to its staggering amount of monthly visitors, eBay is the second most visited online marketplace in the world, only coming in second after Amazon. The United States accounted for 79.45% of all eBay visits over the last month, followed by Canada (1.53%), Mexico (1.05%), and the United Kingdom (0.96%). Are you interested in testing our corporate solutions? Please create an employee account to be able to mark statistics as favorites. These eBay statistics will tell you what makes this platform so popular among users. The highest number of visits comes from US accounts. As your positive reviews increase, so will your potential opportunity. If you are an admin, please authenticate by logging in again. The dramatic decline in unpaid items is mainly due to eBays managed payments migration that resulted in a simplified checkout flow. If your site goes down for a down for a significant period of time, you can still be earning revenue through your eBay listings. Source: eBay Quarterly Results. From a sellers perspective, they are capitalizing on an existing flow of traffic to get their products in front of more eyes without having to first increase brand awareness. Show publisher information Pages: 472. . Learn more about how Statista can support your business. Chart. Register in seconds and access exclusive features. . Although both are notable platforms with similar features, they are different in so many areas. This tops the 29% of users who are in the 50-64 age demographic. eBay Statistics All users who bid on, bought, listed or sold an item within the previous 12-month period. Recent survey by auctionbytes found Sunday evening topped list of best times to end an auction, but that was only picked by about 18% of respondents, so there's a lot of difference of opinion on that. Gross merchandise value (GMV) refers to the total value of products that eBay sells. to incorporate the statistic into your presentation at any time. 31% of eBay sellers are based in the United States. If they do file SNAD, you can call eBay with the evidence of the buyer talking about remorse in eBay messaging and eBay will likely side with you. Active buyers refers to all buyer accounts that have successfully closed a transaction on eBays platforms within the previous 12 months. eBay. From there, fees are charged per transaction, so eBay will get a portion of the cost of each product you sell which they term the final value fee.. Bridgeville, California, has been listed twice on eBay. The highest number of sellers was recorded in 2014 when 25 million people were selling on eBay. While there are some established limits (e.g., a 14-day or greater return window), Amazons equivalent policies are much stricter. You need a Statista Account for unlimited access. Compared to other marketplaces, eBay gives you a lot more flexibility in representing your business and your products. Its about the same time as 218 billion apps were downloaded worldwide. Sellers ranked eBay as the best marketplace to sell on, with Amazon taking seventh place. The least likely age group to use eBay is the 65+ age demographic. make a purchase. show, it is an additional incentive that helps attract more buyers. Action figures and bicycles, as well as bicycle components and parts. Marketplace - marketing services and other revenues, StubHub - marketing services and other revenues. Last Accessed: Oct 14, 2022 Ebay Seller Location by Country Which country uses eBay most? With 150.6 million monthly users, Amazon had the leading e-commerce app in the U.S. in September 2019. , a score of 80% to 100% is deemed excellent, while a score of 30% to 50% is deemed concerning. In 2019, almost 71% of things were shipped for free. A bounce rate refers to website visitors who leave the site after only viewing one page. eBay has over 138 million active buyers. But if you have a significant Baby Boomer or Generation X target audience, eBay could be an important place to reach them. Lets break down a couple of statistics about free shipping on eBay. On the eBay marketplace, youre competing with a whole host of other sellers. "Number of Ebay's Total Active Buyers from 1st Quarter 2010 to 2nd Quarter 2022 (in Millions). Phones and smartphones remain to be one of the best-selling categories on eBay, with this category continuing to grow each year. Lets break down several eBay statistics by country, including eBay statistics from the U.K. If it isn't delivered within 3 business days, ask ebay to put case on hold for 10 days. 10,800 people were employed by eBay at the end of 2021, down from 12,700 in 2020. eBay had mass layoffs in 2015 when splitting from PayPal. $168 million was the highest price ever paid for a product on eBay. The Top Rated Seller status is awarded to sellers who meet specific tracking and sales criteria, as well as specified performance standards. One of the main factors that had a massive impact on eBays overall revenue development (even to this day) was Paypals split from eBay in 2015. Because youre working with that prebuilt architecture we talked about, you will have to fit your content into its existing parameters. However, theyve been steadily declining in recent years, reaching 19 million in 2021. Although managing another sales channel can add complexity to your business, syncing your eBay product listings with your ecommerce site (remember, BigCommerce integrates with eBay so you can manage everything in one place) can make your life much easier. Statista. its the second-largest in American ecommerce. Read on to learn more about the ins and outs of selling on eBay and how to decide if its right for your business. One of your biggest tasks when selling on eBay will be to find ways to differentiate yourself from the competition. 2022 WebsiteBuilder.org All Rights Reserved. Browse the latest coupon statistics and trends for 2021. Sales on eBay in 2021 generated $87 billion, down from $100 billion in 2020. eBay's American Customer Satisfaction Index (ACSI) score was 76 out of 100 in 2021. eBay has a 4.6% market share among online retailers in the U.S. eBay's shopping app has a 33.28% reach in the U.S. 14% of digital buyers prefer eBay for cross-border purchases, compared to 25% that prefer Amazon. As a result, eBay saw significant changes in its sales in certain categories and locations. Copyright 2009 - 2022 NextGen Shopping, LLC. Additionally, most eBay app downloads came from consumers in the United States, with over 17.6 million downloads on Android and iOS devices. Of shoppers surveyed in 2017, 16% say they shop on eBay about once a week or more. The marketplaces revenue continues to grow at a steady pace, with the most revenue coming from transactions and only a tiny portion coming from marketing and other services. https://techcrunch.com/2012/03/22/ebay-sells-off-real-estate-listings-site-rent-com-to-primedia/, https://www.vox.com/2015/2/2/11558416/big-layoffs-begin-at-ebay-and-paypal, https://www.ebayinc.com/company/diversity-equity-inclusion/our-numbers/, https://www.ebayinc.com/stories/news/ebay-celebrates-25-years-the-most-interesting-expensive-items-ever-sold-on-the-marketplace/, https://www.ebayinc.com/stories/news/ebay-celebrates-25-years-iconic-cultural-moments-that-shaped-shopping-carts/, https://www.ebayinc.com/stories/news/ebay-for-charity-announces-a-record-breaking-year-of-community-support/, https://www.ebayinc.com/company/our-history/. As long as sellers can find ways to offset shipping expenses, this makes life easier for both buyers and sellers. This part of the article covers key bases, including the number of eBay users, revenue, seller, buyers, and more. Make sure you research your competitors so you know the landscape youre getting into, then provide great service and support including fast and inexpensive shipping. However, the site ranks 14th in the United States. But the ability to auction your products on eBay can tap into shoppers competitive nature and drive prices and profits higher. Make sure you take these fees into account when pricing your eBay listings. Free shipping makes online buyers more likely to purchase a product, which is why eBay continuously encourages its buyers to offer free shipping. With the marketplaces provided infrastructure, you can get off the ground quickly, while still retaining enough control over your content to exhibit your brand identity. In 2020, it increased its active buyers by 76%. eBay's costs and expenses in 2021 amounted to $4.847 billion. Lets break down a couple of statistics about mobile vs. desktop shopping on eBay. Since the global pandemic changed the way people live, work, and shop, Australians have started relying heavily on online shopping. Horizontal buyers: they shop across all categories but aren't as price sensitive as value seekers. $5.048 billion of eBay's $10.42 billion in 2021 revenue came from the US. Research recent marketplace price trends and real-world sales data for millions of items to optimize your listings. The 405-foot superyacht designed by Frank Mulder was sold on the online marketplace, making it the most expensive item ever sold. Wait, I thought you said you get more control on eBay!. Lets break down some statistics about eBay in comparison to Amazon. And, of course, the reviews need to be stellar. Clothing, footwear, and accessories for men, Watches, watch components, tools, and instruction manuals, Medical, lab, and dental supplies, equipment, devices, and tools; WW2 military goods. Refer to eBay Return policy opens in a . But compared to controlling an entire ecommerce store thats all your own eBay is, of course, going to be more restrictive. In fact, today, eBay is the second-largest online marketplace worldwide. statistic alerts) please log in with your personal account. But its not the right choice for every business. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Edition: 4. eBays market cap was $39.15 billion in 2011, which means that its grown by more than $8 billion since then. It seems to depend on the item. Heres a list of the most recent eBay statistics: First, lets break down some statistics about eBay users. In 2019, almost 71% of things were shipped for free. Our technology empowers our customers, providing everyone the opportunity to grow and thrive no matter who they are or where they are in the world. You can also test out new products in the marketplace to get an idea of how they may be received. And even though the online marketplace appears to be losing favor, statistics have proved that clients continue to use it. Jay said understanding category-centric buyers and value-seekers could help sellers to grow their business. The peer-to-peer business model on which eBay built its platform connects buyers and sellers, but eBay earns money through listing and transaction fees and marketing services. The most expensive item ever sold on eBay was $168 million. The cash and stock deal is valued at $9.2 billion. While the variable fees likely wont be prohibitive to your profits, its still money spent that you dont have to pay when selling through your own website. Women are more likely than men to shop online, and the gender split on eBay may surprise you; according to. Buyer pays for return postage | See details - for more information . The eBay app was downloaded over 50 million times in 2020. If youre interested in learning more about eBay regarding the buyer demographics, keep reading. August 3, 2022. Some individuals earn upwards of $70,000 each year, eBay statistics for 2022 show. After college, she transitioned into the marketing and research space through a self-taught mindset and works to bring the value of that skill and mindset to others. eBay sold StubHub to Viagogo for $4.05 billion in November 2019. eBay's Classifieds generated $201 million in revenue in Q2 2020. eBay sold its Classifieds segment to Adevinta for $2.4 billion in cash and retained 44% ownership. The boat included a salon, a cinema room, a gym, an office, a retractable boarding lift, a helicopter garage, and a swimming pool. Make sure youre meeting and exceeding your buyers expectations. Please do not hesitate to contact me. Florida and New York came in second and third, each accounting for 8% of all eBay sellers in the United States. Founded in 1995, eBay was one of the first online marketplaces and it has remained a major player ever since. Before BigCommerce, she was an education specialist at Skills Fund, where she built resources and ran trainings to give students access to life-changing skills. A more detailed idea of feedback rating is available by clicking on your account name. Direct search, also known as direct traffic, occurs when a visitor arrives directly on a site without having clicked through via another source. With the COVID-19 pandemic, the way consumers live and shop has changed drastically, with 58% of shoppers saying they feel safer shopping online during the pandemic. Etsy quarterly users 2014 to 2022 (mm) Etsy annual users 2012 to 2021 (mm) Note: Annual totals are from Q4 of respective year. Shipping rates for buyers. Source: Company data Etsy sellers Etsy had 7.5 million active sellers on its platform in 2021, a 74% increase on the previous year. With 180 million active buyers,your listings have a huge potential for broad visibility as long as you can get your listings to rank highly. When shes not writing, shes volunteering with nonprofit organizations, traveling the world, or digging into a new book. 44% of eBay's employees in the US are Asian. By 2020, analysts predictthat 40% of the online retail market worldwide will be through online marketplaces. Then you can access your favorite statistics via the star in the header. High-value buyers refers to buyers who purchase from eBay at least six times per year and spend over $800 on the marketplace. The eBay app was downloaded over 50 million times in 2020. eBay customers who participated in this survey, which ran from Oct. 12 to Nov. 9, 2020, were asked whether they had purchased used goods in the previous 12 months. Reviews serve as a signal of trust and authenticity, which is critical to building your brand as a seller on eBay. eBay has had a lot of time to optimize its product listing format, with great options for photos, descriptions, and more when setting up a listing. For example, in most categories, 12.9% of the sale amount goes to eBay, plus $0.30 per order, including the items price, shipping, taxes, and any additional fees that may apply. So, if you want to start an online business, this one could be worth considering. Facebook, which is the leading social media platform worldwide, was responsible for referring nearly a quarter of traffic to eBay that comes from social media-type sources. most popular items sold between 2018 and 2019 were in the Electronics & Accessories category. Naturally, how much money you make is determined by various circumstances, including the amount of inventory you sell, the price of your products, and additional charges. The sale of trading cards, both used and new, continues to grow on eBay, and active buyers in this category have doubled from 20202021. As one of the few dot-com survivors, eBay owes its survival to a relentless desire to shed its flea-market image and rebuild its brand to remain relevant and lucrative. This means that most of eBays revenue came from its international operations (i.e., international sellers and buyers) in 2021. eBays net revenue reached $10.3 billion in 2020. https://www.businessinsider.com/ebay-lets-go-of-stumbleupon-2009-4? In February 2021, almost a year after the outbreak of the COVID-19 pandemic, disposable masks were the best-selling product on eBay by far. Buyer knows you can't make the post office go any faster. eBay Active Buyers 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 145M 150M 155M 160M 165M. eBay takes a cut of the profit, but the number depends on the items category. What Is the Net Worth to Be Considered Wealthy? However, according to eBay statistics, a score of 80% to 100% is deemed excellent, while a score of 30% to 50% is deemed concerning. 20 Podcast Stats to Catch Your Attention in 2023, 19 Social Security Statistics to Know Before Retiring in 2022, How to Make a Twitter Account Private the Best Way Possible, How to Make a Logo in Photoshop in 8 Easy Steps. Get full access to all features within our Corporate Solutions. eBay has followed Amazons lead and now offers free shipping on most items. This will enable you to keep your inventory, shipping, and distribution management all in one place, leaving less room for error. 1 in 3 users will buy things of value between $1000 to $3000 this holiday season. The most popular items sold between 2018 and 2019 were in the Electronics & Accessories category. Feedback Score. Listing your products on an eBay store can be a way to get off the ground more quickly. California had the highest percentage of vendors out of all US states, accounting for 15% of all merchants. Here are a few advantages to using eBay to reach your customers. If it isn't delivered by that time and there is no further movement, then you refund buyer and do package intercept. Insertion fees are non-refundable, so if your product doesnt sell, youve actually lost money. The remaining 22.48% of people visiting eBays website via desktop devices are spread across 251 other countries, with Canada coming in second at a 1.54% visit rate. YouTube was the social media platform that referred the most traffic to eBay nearly half of all social media referrals to eBay came from this source. If eBay posted some statistics for buyers, like how many negative or neutral feedbacks per transaction, it would help identify bad buyers and give sellers a chance to block them. Yes, this is listed as both a pro and a con and its highly dependent on your business. Number of eBay's total active buyers from 1st quarter 2010 to 2nd quarter 2022 (in millions) [Graph]. 58% of eBay users have a household income of $40,000 or more. 60% of eBay users state that they are the primary decision maker in their household when it . This can be an issue if youre trying to scale your customer support or manage a number of communication channels with a lean staff (or just yourself!). Fees are, for the most part, based on what you sell. Online eBay shoppers in the U.K. and France spent the most time on the marketplace, whereas shoppers in Portugal spent the least time on the marketplace at an average of just over two minutes. The founder Pierre Omidyar listed his broken laser pointer for sale back when the site was first launched in 1995. Tired of scrolling? Some of the areas are what we will talk about here. Since eBay has a bounce rate of 36.86%, this means that most of eBays visitors stay on the site to view two or more pages. We may earn a commission when you use one of our coupons/links to In March 2022, ebay.com ranked 14th among the most visited sites in the US in terms of monthly search traffic. In some cases, this is a benefit, but unlike with your own site, you cant control many factors of a listing. Make sure youre looking at pricing, too: your competitor could be selling 10 times more because they price it a dollar cheaper. The rest of the world accounts for 16.63% of eBays traffic. Although this is only a small percentage compared to. Currently, you are using a shared account. Founded 25 years ago, eBay was the first online marketplace, and it has continued to grow in popularity over the years. Statistics for People Who (Think They) Hate Statistics. 1. eBay spent $1.325 billion on product development in 2021. eBay acquired online ticketing company StubHub in 2007 for $310 million before selling it to ticket vendor Viagogo, a company founded by the same person behind StubHub, for $4 billion in 2019. eBay acquired PayPal in 2002 for $1.5 billion then spun it off into its own separate company 2015. eBay acquired Skype in 2005 for $2.6 billion but sold off stake, remaining with 30% equity. Download a PDF version for easier offline reading and sharing with coworkers. It was purchased by a Russian billionaire Roman Abramovich. Remember that these figures will vary depending on what youre selling. Weight: 817 Gms. eBay defines this as: All buyers who successfully closed a transaction on our Marketplace and StubHub platforms within the previous 12-month period. Though Amazon sees about three times the annual gross merchandise volume (GMV), eBay is still the second leading marketplacein the U.S. eBay was founded by Pierre Omidyar and, unlike Amazon, it was built to be a true peer-to-peer online marketplace. Its initial focus was on connecting buyers with online sellers of used or collectible items in auction-style listings. The types of products sold and the sellers expectations determine what is considered a successful sell-through rate. eBay acquired online payments service Bill Me Later for $945 million in 2008. eBay acquired online discovery company StumbleUpon for $75 million in 2007 and sold it in 2009. eBay acquired real estate listings site Rent.com for $415 million in 2004 and sold it in 2012 for an undisclosed amount. Here are a few more reasons why you may want to consider getting onto eBay. Additionally, most eBay app downloads came from consumers in the United States, with over 17.6 million downloads on Android and iOS devices. 18-24 is the largest age group demographic that uses eBay, followed by those aged 25-34. In the era of Amazon Prime, consumers shipping expectations have risen significantly. Our top list of verified student discounts. 1 in 4 eBay users have at least an Associate's degree. According to statistics, the average visit lasts six minutes and 37 seconds, with 6.75 pages per visit. The promoted listings feature (which is a first-part advertising offering) has proven to be an extremely effective method for eBay. You can also: See how products are performing across all eBay marketplaces. Canada came in second, with 68% of respondents also answering yes. , keep reading. To succeed against the high volume of competition on the eBay marketplace, you have to know what youre up against. As soon as this statistic is updated, you will immediately be notified via e-mail. eBay exists in markets in several countries, including the U.S., the U.K., Australia, Germany, Thailand, France, Italy, the Netherlands, and more. Clothing and Accessories category is nearly as profitable (14%). Corinne is a writer and researcher at BigCommerce, where she works directly with agency and technology partners to bring their tools, services and ideas to the commerce industry at large. , these users account for 6.6% of the total e-commerce economy in the United States. This makes eBay the worlds 436th most valuable company based on market capitalization. merchant website to ensure validity before making a purchase. Men [51%] use eBay slightly more than women [49%] on any given day. How many sellers are listing similar or the same products as you, and how can you differentiate yourself? Analyze markets, competition, hot trends, and products to find the best-selling items on eBay. Since it was founded in 1995, it has grown to become one of the most prominent online marketplaces for merchants to market and sell their wares. Lets break down a couple of eBay reviews statistics. Theres a lot to choose from on eBay. mainly dominate the buyer section on Amazon as well. From 2000 to 2021, the American Customer Service Index has recorded. Once youve exhausted any free listings, you will pay an insertion fee for each listing thereafter. One of the companys primary sources of revenue growth was their marketplace transaction fees via the Managed Payments solution, a system for listing fees, transferring money directly to the seller, and receiving payment from buyers. A couple of other things to remember about eBay fees: Once you weigh the pros and cons, it will be time to decide whether or not youll take your products to the eBay marketplace. If you choose to do so, youll have the opportunity to put your products and your brand in front of millions of active users who shop on eBay and, ideally, generate new revenue streams. Since shoppers are already visiting the site, you can focus on product page optimizationover customer acquisition. Youll pay a final value fee on both the price of the item as well as its shipping. Incorporating eBay into your selling strategy will take some work, but many businesses have found it very successful. The number of eBay sellers grew by 1 million from 2020 to the first quarter of 2021. Use Ask Statista Research Service. As a seller on eBay, youre able to set your own shipping and return policies and associated fees. More than 159 million active buyers worldwide (Source: 71% of purchases on ebay were shipped free in 2019 (Source: eBay had $19.5 billion worth of sales in q3 of 2021 (Source: There are around 1.5 billion live listings on eBay (Source: eBay has two billion transactions per day (Source: eBay is the second-biggest online marketplace (Source: In the first quarter of 2021, eBay had over 20 million active sellers (Source: There are approximately 788,000 eBay stores (Source: In 2020, 31% of eBay sellers could be found in the U.S. (Source. Even if you have your own ecommerce site, you likely have fixed prices on your products (not counting promotions and discounts, of course). Almost 3/4 of these sellers began selling used goods for additional income. View clear, easy-to-understand statistics, graphs, and charts. This negatively affected eBays market share. This means that eBay was one of the leading retailers worldwide under mobile users, coming in second after Amazon in traffic from mobile devices. Top 10 eBay Statistics for 2022 In 2019, eBay had a global user base of 182 million people. In this section, youll find information on the number of people who frequent eBay and more interesting stats and facts. Lets break down some eBay seller statistics. Online marketplaceskeep growing in popularity as an ecommerce strategy. In its more than two decades of operation, eBay has been able to maintain a consistently high level of customer satisfaction. 20 eBay Statistics for Wonderful Shopping Spree in 2022. will tell you what makes this platform so popular among users. However, women aged 45-54 are more likely to shop on eBay than those aged 35-44. This will bolster your brand-building, as well as convey authority to potential buyers. Because of sneakers' high sales rates, the number of sneakers valued above $100 that are listed on the platform triples in digits each year. Research into millennial consumer trends. Due to the low cost of entry and inclusivity that eBay offers its sellers, more and more people are building businesses on eBays platform. In December of 2018, eBay garnered 109 million unique visitors, putting it behind only Amazon Sites and Walmart in the thick of the holiday shopping season. She described one category-centric buyer named Nick, who spent $2,300 on eBay, 65% of which was related to sports memorabilia. If you are looking to find active buyers this holiday season, check out these statistics from eBay to grow your business. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Promoted Listings are, simply, sponsored items displayed on eBay that increase product visibility and sales. If you want more than just a basic account, you will pay a monthly fee for that, but every account type gets a certain number of listings per month for free. Etsy annual sellers 2012 to 2021 (mm) Amazon doesnt offer the same branding potential, so while you may be making sales, purchasers there dont have the opportunity to connect with your brand in the same way as they can on eBay. In 2002, it was nearly sold for $1.77 million, but the buyer pulled out at the last minute. It was up by over 17% compared to the previous years revenue worth $8.89 billion. The results were based on four main areas, including profitability, customer service, ease of use, and communication. More Than 50 Amazon Statistics to Know for 2022, 40 Must-Know Black Friday Statistics for 2021, 2021 Coupon Usage & Shopping Behavior Trends [REPORT]. Shoppers love eBay for the Holidays! It was bought by Mark Fraser who then officially became the first buyer on eBay. Continue reading to learn more about the most expensive item sold on eBay, how many times eBay was downloaded, and many more. Thinking of buying something on eBay? During December and March, theres a significant sales bump in the Toys & Games category. In this section, youll find information on the number of people who frequent eBay and more interesting stats and facts. Fast shipping for free is the gold standard for selling on eBay and can give you a leg up on your competition. $75.34 . The company believes that this increase was driven by more online shopping due to the global restrictions during the COVID-19 pandemic. As of 2022, the average annual income of an eBay seller is roughly $42,000. The top trend that influenced online shopping on eBay in 2020 was DIY. Biggest online retailers in the U.S. 2022, by market share, Preferred online marketplaces of U.S. sellers 2021, eBay: quarterly gross merchandise volume 2014-2022. We always show the shipping cost separately from the item cost so you can see exactly how much you'll pay for delivery before you go to checkout. Reviews can make or break you as an eBay seller, so you have to do everything in your power to ensure a 99%+ satisfaction rating. , female buyers account for only 33.3% of all buyers. With numbers like this, the impact of eBays marketplace cannot be denied. As eBay facts show, it is an additional incentive that helps attract more buyers. eBay provides more opportunity for branding than some other online marketplaces, with a customizable storefront. (August 3, 2022). Despite its origins as a marketplace for buying and selling secondhand goods, major brands and merchants are now competing with individual eBay sellers by selling their products directly to consumers. eBay is a well-known online marketplace for purchasing and selling goods and services. CouponFollow tracks coupon codes from online merchants to help consumers The eBay shopping app had 62.15 million monthly users in the U.S. in September 2019. As mentioned above, the mobile app had approximately 514 million downloads in 2020, even though the platform only has 147 million active users this year. Revenue obtained from this feature has grown by $135 million from the second quarter of 2019 to the first quarter of 2021. The number of luxury watches listed on this marketplace has grown from 16% in the fourth quarter of 2020 to 38% in the first quarter of 2021. eBay is now ranked 44th in the worlds most frequented website list. With its 250 million postings, Promoted Listings brought in $89 million in revenue, representing a 130% year-over-year increase in the second quarter of 2019. Profit from the additional features of your individual account. This article will cover more than 40 of the most recent and interesting eBay statistics that you need to know this year including the number of people who use eBay, its best-selling products, its biggest markets, and more. The following countries had a strong seller count in 2020: More than half of used items on eBay get sold worldwide, as opposed to one-third of the new ones. ", eBay, Number of eBay's total active buyers from 1st quarter 2010 to 2nd quarter 2022 (in millions) Statista, https://www.statista.com/statistics/242235/number-of-ebays-total-active-users/ (last visited December 11, 2022), Number of eBay's total active buyers from 1st quarter 2010 to 2nd quarter 2022, Available to download in PNG, PDF, XLS format, Leading large cap e-commerce companies worldwide 2022, by market cap, Leading global online marketplaces 2021, by GMV, Leading U.S. online marketplaces 2021, by GMV, Leading e-commerce and shopping websites worldwide 2022, based on visit share, Leading online marketplaces worldwide 2022, by monthly visits, Select e-commerce marketplace operating margins globally 2022, eBay: annual net revenue 2013-2021, by region, eBay: quarterly active buyers worldwide 2010-2022, eBay: average spend per buyer in the U.S. 2021, by category, eBay: sellers with the most feedback worldwide 2022, ACSI - eBay customer satisfaction in the U.S. 2000-2021, Merchants where global shoppers made their latest cross-border purchase 2021, Leading electronics, office, and leisure e-retailers worldwide 2021-2026, by CAGR, Leading re-commerce categories on eBay 2021, eBay best-selling items per listing per week in the U.S. 2021, ebay.com total website traffic in 2022, by device, eBay: website traffic share on desktop and mobile 2022, eBay: distribution of weekly visitors in 2021, by traffic type, eBay app downloads per month worldwide 2020-2022, eBay app: monthly downloads in the U.S. 2017-2022, by device, Leading shopping apps for iOS in the U.S. 2021, by daily active users, Leading shopping apps for Android in the U.S. 2021, by daily active users, Countries with most eBay app downloads 2021, by operating system, Workforce of leading global online companies 2014-2021, eBay: global corporate demography 2016-2021, by gender, eBay: global corporate demography 2021, by gender and department, eBay: U.S. corporate demography 2016-2021, by ethnicity, eBay: U.S. corporate demography 2021, by ethnicity and department, Australia: digital buyer penetration 2013-2018, Digital buyer penetration in Germany 2017-2025, Digital buyer penetration in Italy 2017-2025, Digital buyer penetration in China 2017-2025, U.S. eBay shopper distribution 2017, by age group, Share of internet users who are digital buyers in India 2017-2022, Per capita expenditure on digital purchases in India 2017-2022, U.S. digital buyer interest in new shopping options & technologies 2018, Digital buyers aged 45+ in the U.S. 2019-2023, Asia: digital buyer social media brand promotion 2014, Mexico: share of digital buyers during Hot Sale 2020, by age, Average spend on music to own among streamers in Great Britain (UK) 2014, by format, Number of eBay's total active buyers from 1st quarter 2010 to 2nd quarter 2022 (in millions), Find your information in our database containing over 20,000 reports, most popular e-commerce and shopping website in the United States, most downloaded shopping apps in the Google Play Store. Authors: Salkind, Neil J. Most U.K. respondents answered yes. How about showing a buyer's average DSR's left and high and low DSR's left for each category. Title: Statistics for People Who (Think They) Hate Statistics. save money. (Source: BigCommerce / eBay) Out of the 60 countries analyzed, most of eBays app downloads came from the U.S., with the second most downloads coming from the U.K. eBay won't violate your return policy unless the buyer states it is SNAD. As a result, eBay saw significant changes in its sales in certain categories and locations. The number of eBay users, revenue, sellers, buyers, and other important topics are all covered in this section of the article. Most ratings for eBay are five stars, with reviewers saying that the app is extremely user-friendly, and they havent run into any problems over the years that theyve been using the application. A buyer can leave feedback on any transaction that they've had with you over the previous 60 days. So, if you want to, 49% of people shop online using their cellphones. How to Install WordPress Plugins in a Few Easy Steps, How to Install Security Cameras: A Step-by-Step Guide. Luxury watches remain to be one of the core categories on eBay. Its unquestionably an appealing and worthwhile ecommerce endeavor. It isn't constructive to talk to someone like this. Scroll onward. or visit eBay's page on international trade. 80% of the items posted in 2018 were classified as New. Chapter 1 The eBay Marketplace: Opportunities for Ecommerce Shops + eBay Statistics in 2022. However, the following are the top-selling items in 2021: Women are more likely than men to shop online, and the gender split on eBay may surprise you; according to eBay demographics, female buyers account for only 33.3% of all buyers. 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