An Example of E-commerce sucess and its causes

ebay is one of the famous sucess e-commerce company and powerful global online marketplace these days where anyone can trade anything in its auction website.Many of us would wonder how ebay has become a giant well known online auction websites in terms of its revenues.

How ebay sucess?
Who is the founder of ebay?
Why people like buying or selling things in ebay?

Actually the founder of Ebay is Pierre Omidayars, which has a French-Iranian descent , came to Amerika and finish a computer science degree. He puts his efforts to establiah an online venue for person to person online auction of collectable items called AuctionWeb.While the number of people visiting AuctionWeb site grew more and more each day then build it up his Ebay empayor where the world biggest and large coverage worldwide website with a global presence in 38 markets, including the US and over 241 million registerd users.

Factors that make ebay sucess:

1. Built and open an online person to person trading community on internet.

Ebay exits already break the traditional manner of buying and selling process in the world where the transaction can be done by using the World Wide Web. Ebay is a place that gather buyers and sellers around the world to sell , buy , find and request whatever things for sale by just a click on biding button. This is the transactionmethod that used in the auction processon eschanged between buyer and seller.

2. Simple registeration as a buyer or seller.

The registeration as buyer or seller are very easy just a few steps then they can immediately list an item for sale within minutes of registering. Besides that, Ebay provide a very clear user guide for every first time users either as buyer or seller to make sure everything going smoothly and also some supporting department to them too.

3.Convenient and easy .

All ebay users can browse all sales items in a fulliy automated way. All tge items are arranged nicely and cleary by topics, where each tyoes of auction has its own category. This will make all the buyers feel more efficient and save lot of time and energy on searching of their wanted products.

4. Secure shopping

All the items that sold in ebay by credit card or e-banking. So mostly buyers will worry about the security of their transaction being done. But, in ebay buyers not need to worry when using the credit card pay online. Ebay using industry standard data encryption and positive identification technology to ensure your online transactions are safe and secure.

5. Changing of People towards fast and easy space.

Obviously, nowadays people are becoming more comfortable with shopping online and getting more accustomed to do that compare with past generation. Mostly all ebay users are generation X and generation Y where they more expert on using internet, highly request on fast and easy on buying things and busy lifestyle where Ebay will be the most desireable solutions for them to buy things.

6. Enjoy shopping experience in bazaar market.

Lots of people enjoy looking around for merchandise and enjoy the competition of the bidding process on their desired items. All people around the world likes to get a bargain which the cheapest the desireable either in some way to haggle a little bit over the price. While ebay's auction know people's wants and needs then sets it business format which allows the users to do that.

Related links:

http://www.ebay.com/

www.freeauctionscripts.com/ebay-sucess-stories/

www.ecommercetimes.com/story/2127.html