6. Buy it Now Format Trumps Auction Format
For over a year, fixed-price format (Buy it Now) has accounted for a majority of merchandise volume. Approximately 59% of sales during the second quarter of 2010 were purchased via the “Buy It Now” feature.
5. Jack Sheng Was the First to Reach a Feedback Score of One Million
As of November 13, 2008, Jack Sheng was the first eBay seller to receive a Feedback score of one million. He currently has a score of over two million. It took Sheng eight years to earn a Feedback score of one million, but it only took him 18 months thereafter to reach two million.
To congratulate Sheng, the eBay staff created a special “Shooting Star” for his seller profile and named a conference room after him.