Tuesday, June 17, 2008

An example of an E-Commerce success and its causes – e bay


One of the successes of E-commerce is e-Bay. E-Bay began like an online garage sale and started by Mr. Omidyar from his home in 1995. The first name of eBay was used is Echo Bay Technology. Unfortunately, when company registers the domain name - E chobay.com, it was already in used. So, they shortened the name to eBay.com.
E-bay is success because it emphasis on customer and have ability to transform many fragmented such as provide a local market into global ones at a low cost to users. The items in eBay have included different types of products such as clothing, computer, car, CD, concert tickets and others. You can find just about anything on eBay and it convenient for users.
Besides, the function of eBay website is very simple, if you do not already have an account with EBay, you need to register an account. For buyers only require your name, address, e-mail and telephone number. For sellers, you'll also need to provide credit card information. EBay also has a secure system to receive your credit card number, so there is no risk that anyone can intercept your credit card number.
Otherwise, the main feature of eBay is auction. It has allowed many people to become entrepreneurs and provides a method for companies or governments to dispose of unwanted items. It also provides a market for people to supplement their income, liquidate an estate, to rid of unwanted items from their collections and sell the things that they no longer want or need. Along with growth, now eBay is become a leader in Internet revenue.

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