Teaching small retailers to take a profitable e-commerce leap.
Can an e-commerce giant help mom-and-pop retailers compete against, well, e-commerce giants? EBay is trying just that with its Retail Revival program, which launched in 2018 to help local businesses use digital platforms to reach new markets. EBay provides one-on-one sales training over an eight-week period, followed by 10 months of dedicated support. The program has reached 10 cities in seven countries, with 75% of its 450 sellers new to eBay. Already, 92% of buyers for these new sellers are located outside the sellers’ home states, a sign of expanded horizons and diversified revenue.
Company Information
Country | U.S. |
Headquarters | San Jose |
Impact Segment | Economic Opportunity/Financial Inclusion |
Sector | Retailing |
Industry | Internet Services and Retailing |
CEO | Scott F. Schenkel |
Website | http://www.ebayinc.com |
Company Type | Public |
Ticker | EBAY |
Prior Year Rank | - |
Revenues ($M) (Last Fiscal Year) | $10,746 |
Profits ($M) (Last Fiscal Year) | $2,530 |
Market Value ($M) as of 8/12/19 | $33,332 |
Employees | 14,000 |