Jun 27, 2019

'Digital natives' become eBay millionaires

EDSNELSON Ed Snelson has turned his "Side hustle" into a business with sales of more than £1m on eBay. EBay says there were almost 1,300 new "Millionaires" - businesses now generating more than £1m of sales through its site - in the past 12 months. Through five sales sites - including eBay - he offers personalised tote bags, cosmetic bags and other items, including T-shirts. While 30-year-olds won the race in the last 12 months to break the £1m sales barrier, eBay says the next most successful age growth were the over-60s. Coventry is the location of the fastest-growing community of businesses selling more than £1m through eBay. "The uplift in the number of eBay millionaires demonstrates how entrepreneurs up and down the country are keeping up with the ever-changing needs of consumers, despite some tough economic conditions," said Rob Hattrell, eBay's vice-president in the UK..

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