"The whole idea is to unlock what's in people's closets and garages and houses,"
"I would like to say the average household has $3,000 to $4000 of stuff that could be sold on eBay, and less than 20% of that is online, And so, really unlocking all of that amazing inventory."
"People are collecting Pokémon cards and trading cards, massive business. Collectibles for us is over $10 billion on the platform,"
Jamie Iannone urges people to search homes for items to sell, estimating the average household has $3,000 to $4,000 of sellable goods with less than 20% listed online. eBay deploys artificial intelligence tools to help sellers list items and to unlock inventory from closets, garages and houses. Secondhand items attract younger, sustainability-minded buyers, and 40% of eBay sales are used or refurbished. eBay reported $2.7 billion in revenue and $19.5 billion in gross merchandise value in the latest quarter, each up 6%, and collectibles represent a $10 billion category on the platform.
Read at Business Insider
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