For Subscribers

Reap the Rewards of Online Auctions

Wanna skyrocket your sales? Try auction sites.

learn more about Joel Holland

By Joel Holland

Opinions expressed by Entrepreneur contributors are their own.

With over 49 million registered users buying more than $9billion worth of goods in 2001, it is a wonder why every companywith a product isn't selling it on eBay.

Over 2,000 bids are placed on antiques and artwork every hour;30,000 clothing, footwear and accessory items are sold every day;375 die-cast cars are sold every hour; a craft item is sold every 9seconds (with over $38 million in crafts and needlecrafts suppliessold last year); 2,200 Hallmark ornaments are sold every day; andmore than $190 million in photography items were sold lastyear.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game