With Donations Flat, U.K. Charities Make Money on eBay
With Donations Flat, U.K. Charities Make Money on eBayFebruary 22, 2012, 10:49 amBritish charity shops are reaping revenue growth by branching into online retail, particularly on eBay, the Financial Times writes.Some 6,000 U.K. nonprofit organizations are now offering new and used goods on eBay, and the company’s British division reported that sales by its charities rose 56 percent to nearly $10-million in 2011, a year that saw contributions to U.K. charities remain flat.“Charities are coming to Ebay as they’re more likely to find a buyer who will pay a higher price online than one who randomly walks in off the high street,” said Lorin May, head of charity for British eBay.Online charity auctions of donated celebrity items are also increasingly popular, with Unicef and Children in Crisis raising $128,000 by selling the flamboyant hat worn by Princess Beatrice to last year’s royal wedding.This entry was posted in News-updates. Bookmark the permalink.E-mail
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With Donations Flat, U.K. Charities Make Money on eBay
