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The End of Ebay, by Michael Marcovici

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„We used to trash our old stuff, now we have eBay“ Michael Marcovici had to decide what to do with the rest of the merchandise from his old company. The decision to sell it on eBay led to the rise of the biggest eBay powerseller - the Qentis corporation. His offers on eBay included fork-lifts, dental units, compressors and more than 1000 other products. The Media hyped him up as the worlds' Number 1 powerseller, and invited him to TV shows and printed long Interviews about him. He had more then 60 employees in Vienna; including the ones in the USA and in Far East, there were over 100. He made more then 1,5 Million Euros of turnover every month and sold merchandise from all over the world on eBay platforms around Europe. His warehouse space grew from 400 to more then 200.000 square feet in four years. Investors from Monaco, India, Hong Kong and Austria jumped into his business, but finally they let him down. On the day his company went bankrupt, the eBay stock price dropped by 4% … Read here how Michael Marcovici managed to: -make Qentis eBAy�s biggest Powerseller worldwide -manufacture goods for eBay in 150 factories -design and manufacture more then 500 individual products -make 500.000 successful transactions on eBay -ship more then 1000 parcels every day -pay more then 3 Million US$ in eBay fees -get more then 15 Million US$ in financing -almost get Qentis listed on the London Stock Exchange
- Sales Rank: #1527582 in eBooks
- Published on: 2011-07-27
- Released on: 2011-07-27
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
Interesting read!
By S. Lovell
A very interesting read--I have been an ebayer for years and learned so much about ebay by reading this book, especially about the early years. The author was an awesome seller, with very clever ideas and although there were some grammar issues and typos, all-in-all it really was an exciting story and an enjoyable book!
0 of 0 people found the following review helpful.
Great book, very informational and full of facts.
By Adam Nespurek
This book is really stuffed with facts. Unlike other books, Michael describes every aspect how he built his company. It is must read for every enterpreneur. It would be great tho if there would be some sequel where he describes how he got out of his 600k personal debt.
0 of 0 people found the following review helpful.
Pure experiences from author business without bulls***s around
By Robert Glos
Author is describing pure experiences from his business without any bulls***s around. Revealing truth about china suppliers and so on. Easy english used till author is german. Appreciated that!
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