eBay is an Internet-based, person-to-person trading site. eBay offers sellers the ability to list items for sale and prospective buyers the ability to search those listings and bid on items. The seller can set the terms and conditions of the auction. The item is sold to the highest bidder. The transaction is consummated directly between the buyer and seller without eBay's involvement. A potential purchaser looking for a particular item can access the eBay site and perform a key word search for relevant auctions and bidding status. eBay has also created category listings which identify items in over 2500 categories, such as antiques, computers, and dolls.
One of the eBay user said that, "40% to 50% of our sales are international. It's very easy to ship overseas and it doubles our business automatically." This clearly stated, with eBay, there are many advantages granted to eBay user. What was make eBay success? The factors will be discussed in the following.
In most of the eBay user’s opinion, eBay trust and safety team is devoted to making eBay a secure and trustworthy place to trade. eBay works behind the scenes to develop the technology and skills to fight fraud and empower the community to understand and conduct safe trading practices. eBay also attempts for a level playing field and information transparency, enabling economic opportunity for the community and encouraging open, honest and accountable transactions. Feedbacks obtained proved that products on sales are of good quality and in very reasonable price.
The lure of a bargain, combined with the excitement of a Las Vegas gamble, is what brings in millions of Internet customers. The loyalty and enthusiasm of devoted eBay users all over the country is what has helped build eBay into the powerhouse it is today.
In additions, factor of success also include cost control. eBay’s founder, Pierre Omidyar and his team were the operators. They deal with the enterprise with their own skills in order to keep their overheads low. Meanwhile, profits are generated from commission on sales.
Additionally, eBay is also a success legend because it can reach globally to hundred thousands of people enabling them to make a business of their own. eBay who gains access to a global market place can reach to more potential buyers than locally and with profits keep pouring in.
Thousands of successful sellers from all over the world showed up at eBay’s first national convention in Anaheim last summer. The company had a reward for its big sellers -- access to low-cost premium health insurance, a fitting reward for the mom-and-pop sellers who form the backbone of eBay.
One of the eBay user said that, "40% to 50% of our sales are international. It's very easy to ship overseas and it doubles our business automatically." This clearly stated, with eBay, there are many advantages granted to eBay user. What was make eBay success? The factors will be discussed in the following.
In most of the eBay user’s opinion, eBay trust and safety team is devoted to making eBay a secure and trustworthy place to trade. eBay works behind the scenes to develop the technology and skills to fight fraud and empower the community to understand and conduct safe trading practices. eBay also attempts for a level playing field and information transparency, enabling economic opportunity for the community and encouraging open, honest and accountable transactions. Feedbacks obtained proved that products on sales are of good quality and in very reasonable price.
The lure of a bargain, combined with the excitement of a Las Vegas gamble, is what brings in millions of Internet customers. The loyalty and enthusiasm of devoted eBay users all over the country is what has helped build eBay into the powerhouse it is today.
In additions, factor of success also include cost control. eBay’s founder, Pierre Omidyar and his team were the operators. They deal with the enterprise with their own skills in order to keep their overheads low. Meanwhile, profits are generated from commission on sales.
Additionally, eBay is also a success legend because it can reach globally to hundred thousands of people enabling them to make a business of their own. eBay who gains access to a global market place can reach to more potential buyers than locally and with profits keep pouring in.
Thousands of successful sellers from all over the world showed up at eBay’s first national convention in Anaheim last summer. The company had a reward for its big sellers -- access to low-cost premium health insurance, a fitting reward for the mom-and-pop sellers who form the backbone of eBay.
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