In September 1995, Pierre Omidyar launched AuctionWeb, a site “focused on bringing together buyers and sellers in an honest and open marketplace.” Two years later, AuctionWeb was rebranded as eBay, and by the initial quarter of 2021, the global online auction giant had grown to 187 million active buyers. And although other websites on the internet have cropped up to challenge eBay — think Facebook Marketplace — it remains the most effective dog in the genre. And if you're not selling and earning money on eBay, why not? You're missing a bit of a really big pie. The gross value of goods sold on eBay in the United States in 2020 was $37.5 billion, up 22.1% from the year before, Digital Commerce 360 reported. eBay Selling Format When eBay first launched in 1995, it was a real peer-to-peer marketplace built on auctions. As it evolved, however, eBay introduced an alternative to the auction with its “buy it now” feature. You can find pros and cons to each selling method — the one whic