Due to the evolution of internet, e-commerce has become more and more popular. Nowadays, many companies and individual are started to run an online business. The appropriate example of e-commerce success that I have selected to address is eBay.
eBay is the world’s largest online marketplace, where allows buyers and sellers to come together and trade anything at any time. It was founded in year 1995, by Pierre Omidyar, a computer programmer. eBay provides an online platform where millions of items are traded everyday.
eBay has become a well-known online auction website, because it has built an online person-to-person trading community, using the World Wide Web. It provides a convenient way for buying and selling online. Sellers list the item on eBay, such as antiques, cars, books and etc. They choose either bid for the item (an auction-type listing) or to select the ‘Buy It Now’ option, which allows buyers to purchase the item right away at a fixed price. Buyers can browse through the listed item in a fully automated way. Those item are arranged by topic, where each type of auction has its own category.
Another factor is that online shopping has become more and more popular and people enjoy the experience of the online shopping. A lot of people like to shop on eBay, because they believe that it is a trustworthy shopping website, and they feel comfortable to shop there, therefore it has become a very practical place that people will buy and sell things.
Recognizing the success of e-commerce relies on the number of users. There are more than 100 million people around the world who buy and sell in eBay marketplace. eBay makes its money from listing and collect the fees from registered users who use eBay site to trade their goods. In year 2000 eBayset up the 'eBay University', which is a learning program that help people to become successful eBay merchants. It encouraged people to deal in online business and make profit through the eBay system.
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why many people purchase stuff frm ebay???
ReplyDeletewhat is the benefit???
This is because Ebay provides cheaper price and the services is efficiency and effecively. Moreover, the most important issue is Ebay create a trustworthy image to consumer.That's why it can success in its career.
ReplyDeletei agree wif that......
ReplyDelete