Report shows the growth of the ebay marketplace
Jodi
A new report reveals the continued growth of ebay traders. The IMRG/IMRWorld survey of 458 ebay retailers showed:
*Annual turnovers of between £100,000 and £3.4million
* Average turnover for survey respondents of £242,000
* Average number of employees is eight
* 44%employed three or more people.
This revealed that the UK has over 120,000 online businesses on eBay alone, generating sales of €1.9 billion per year.
At the same time an eBay survey shows that internet sales drive exports, by making it possible for SMEs to export around the world.
Overseas sales are big business for British eBay sellers, with exports making up one in six of their sales. Of these, 88% of businesses sought growth by engaging in cross-border trade in the last quarter of 2008.
