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eBay Challenges Sellers to Use Only eBay

4 Businesses Will Get $25K Grants

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eBay aims to "spark the entrepreneurial spirit" among its sellers with today’s launch of the eBay Sellers Challenge. The challenge is for sellers to answer the question: "How would you use $25,000 go grow – or start – an eBay business?"

"The eBay marketplace is a community rich in innovation and entrepreneurial spirit," says eBay Marketplaces President Lorrie Norrington. "The Sellers Challenge helps underscore this simple truth, and along with the powerful selling tools available on eBay, signifies our fundamental commitment to ensuring the success of our sellers."

eBay Sellers Challenge

eBay will choose four winners for the contest, and each of them gets $25,000 in business grants, as well as marketing advice and "assistance" from eBay. Meanwhile, eBay hopes to get more people to use its services exclusively for conducting their business.

Participants in the challenge must build a business plan using only tools offered by eBay. They must submit the plan along with an accompanying video in one of the following four categories:

- Current or former members of the Unites States armed forces;

- Individuals or small businesses who have not sold on eBay;

- Part-time sellers who want to go full-time on eBay; and

- Full-time eBay sellers who want to grow their business further.

The submissions will be judged by eBay and the Ewing Marion Kauffman Foundation, who is offering entrepreneurial tips at the Sellers Challenge site.

"Because entrepreneurship is central to the economic welfare of the United States, the Kauffman Foundation is pleased to see companies such as eBay work to inspire entrepreneurs everywhere," said Thom Ruhe, director of entrepreneurship at the Kauffman Foundation. "We are always proud to work in partnership with organizations that support our mission: to help individuals attain economic independence and entrepreneurial success."

There will be 8 finalists selected – 2 from each category. Selections will be made based on perceived business challenges and obstacles, clarity of business plan, "passion for using eBay," and appropriateness to contest theme. Buyers and sellers will be able to vote on  finalists, and the most popular one from each category wins.

eBay Challenges Sellers to Use Only eBay
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  • Guest

    LOL “build a business plan” – hey perhaps Ebay can make use of someone’s good business plan – for sure they haven’t hit on one themselves. Also, their gall is immeasurably larger then their common sense if they thing sellers are going to be loyal only to Ebay. That’s gone Mr. Donahoe…YOU killed it…..now deal with it!

  • http://www.stonerscolony.com FaTe

    So we draw up business plans using ebays own tool sets which gives them ample entries of how to advertise the possibility’s of ebay over and over too MILLIONS of people opposed to the 4 lucky winners who actually will benefit…

    Feebay is and always will be feebay.

  • Guest

    Step right up folks! For free cotton candy and crackerjack, EBay will allow its abused small sellers to offer any number of good business ideas to EBay! Such a deal! Who could refuse? Give EBay all your good ideas and get some cotton candy!

  • http://www.free-speed-reading.com/ Free Online Speed Reading Test

    People will do this, and will probably be successful, but think about it this way. Between Paypal and Ebay fees, that $25,000 will be gone within the first two years easily, in fees alone. Let’s see them try to stay profitable then.

  • http://www.workathomepedia.com/ Nerdizen

    I use to be a Powerseller on eBay, but the rising insertion, final value and PayPal fees were eating away at the margins in the products I sold on eBay. Perhaps eBay Seller’s Challenge will motivate some of its sellers to return to eBay, but personally I think that eBay needs to look long-term at addressing the many issues that sellers face today. The eBay Seller’s Challenge is a step in the right direction if eBay uses the data they receive to enhance the opportunities for sellers to actually profit from their sales on eBay!

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