eBay CEO Predicts $2 Billion in iPhone Based Auction Sales
This week eBay CEO John Donahoe, at the All Things Digital Conference, predicted that during the current fiscal year eBay would generate between $1.5 and $2 billion in sales through the use of the eBay iPhone App. The iPhone application is widely popular with over 10 billion downloads total. Many have questioned the ability to use iPhone Apps as a revenue source but eBay’s bold prediction puts everyone on notice that mobile devices and smart phones have the ability to produce great revenue for a company.
The company generated over $600 million during the last fiscal year from its iPhone App according to Donahoe. Maybe you didn’t realize there was an iPhone App for eBay. Take a look at eBay’s web page specifically promoting the application and providing the needed link to Apple’s App Store: here. Search, Buy, Pay, and Check the status of auctions from either an iPhone or an iPod Touch. Other features include PayPal integration, Alerts, Messages, Live Support, and Feedback.
The Chief Executive also discussed the Digital Wallet while at the conference and his belief that the majority of transactions will be made with a cell phone instead of carrying around a wallet or a purse with credit cards. eBay itself is hoping for a transformation as its transaction company PayPal has outperformed the auction site for a number of years now. Certain categories within eBay have had facelifts to make them more appealing to shoppers including their fashion area. And new features continue to be rolled out like descriptive conditions and seller templates.
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Stephanie Tilenius – Senior Vice President & General Manager, eBay Marketplaces (Photo credit: ebayink)
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Whether you have a job or not; there is a chance that you are looking for something else to help you earn extra money. In this wavering economy there are a million reasons to explore all the employment options available; some of which you can do from your very own home. The onslaught of unemployment has sent people scouring the internet for work at home jobs which very often turn out to be scams. How about working with an organization like EBay; learning how to be your very own auctioneer, making money online – at home without having to invest extra time or money?
An auctioneer and her assistants scan the crowd for bidders. (Photo credit: Wikipedia)
EBay is by far the most advanced and comprehensive online auction site around and millions of people are marketing their products, earning lucrative incomes from the comfort of their own home. Whether you choose the EBay VIP Sellers Lounge for free or the E Auction Expert Edition you will instantly learn insider secrets and gain valuable advice on the best ways to sell your products and make more money each month. The software helps you to easily set up a website and build your EBay presence so that you can quickly become a reputable seller on EBay. You can choose to open an online auction store of your own selling other peoples products or can sell your own products! EBay offers unprecedented flexibility that can be tailored to your interests!