Networking Gear Hot Ticket on eBay
Networking equipment worth thousands of dollars per router and switch has become a hot item on the online auctions of eBay Inc.Its a long way from collectible pez dispensers and beanie babies, but networking equipment worth thousands of dollars per router and switch has become a hot item on the online auctions of eBay Inc. The category is so hot, in fact, that an eBay executive, Maynard Webb, president of the technology division, for the first time is a keynote speaker at the NetWorld+Interop show in Las Vegas this week. Such exposure comes a little more than a year after eBay formally set up the dedicated networking and telecommunications category on its auction site in February 2001. Webb is expected to address the resale market for networking gear as part of his talk, eBay officials in San Jose, Calif., said.
EBay officials say the site recorded a 141 percent increase in sales in its networking and telecom category in 2001. On average, the rate of sales in the 25,000-item category is 1 every minute, said Sergio Monsalve, general manager of the category for eBay. Equipment on the site is mostly used and includes gear from Cisco Systems Inc., Nortel Networks Corp., 3Com Corp. and Juniper Networks Inc.