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Let the Bidding Begin

An eBay business could be your entry to the online marketplace. Find out how to get started today.

This story appears in the September 2003 issue of Entrepreneur. Subscribe »

In 1995, when Pierre Omidyar introduced an online business venue that was essentially a virtual garage sale with auction pricing, no one knew a retailing revolution was about to occur.

That site became known as eBay, and it's hard to find someone today who hasn't at least heard of the popular online auction company. On any given day on the site, an estimated 12 million new and used items are available, 1.7 million new listings are posted, and sales totaling some $40 million take place. And all it takes to get your share of that market, which is worth nearly $15 billion annually, is a computer, a modem, a digital camera or scanner, and something to sell.

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