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WebWord Weblog Posting Posting Date: July 25, 2002 The EBay Way (Robert Cringely) -- "In terms of sales, the company is comparable in size to Amazon.com. But Amazon's sales are primarily composed of goods while eBay's sales are composed almost entirely of commissions -- commissions that average around five percent of the value of goods bought and sold. So while Amazon and eBay are both around a billion in sales, eBay actually represents more than $20 billion in economic activity."
Reader Comments...
eBay rules! Posted by: on July 25, 2002 08:29 PM
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