eBay.com is one of the examples of successful e-commence in the World Wide Web and it also known as online auction and shopping website which operates an online person-to-person exchange in an auction format, permitting trading of personal items such as antiques, coins, and other items.
Based on the study on e-bay.com, we had discovered that many people had become millionaire just by selling item on EBay website. For instance, “the Judith Isaacson –Goldman Jewelry EBay Store Success Story”. According to Judith Isaacson, he find the global reach of the virtual world tremendously satisfying and very neat and their Customers tell them that our online presence means they can acquire goods otherwise unavailable in their small towns.
“I am in Israel, promoting and selling jewelry that is in New York, to customers around the world, without leaving the house. The process of building and handling the internet extension of our family business, and combining family, home and business brings me full circle.” says by Judith Isaacson.
The causes of the success of EBay.com are its have ability to transform many fragmented, primarily local markets into global ones at a relatively low cost to all users. Beside that, EBay appears to have growth potential by introduced new markets, such as car sales, which many thought would not be adaptable to its business model and it also meets its customer's needs better than any competing service.
Furthermore, EBay appear to bring a large number of buyers and sellers together is what has driven its growth and users can post lengthy descriptions and pictures available to a worldwide audience for price compatible. The reason of why EBay.com so successful because it allows anyone on the Internet to search not Web pages, as Yahoo or Google do, but through the physical world for objects rather than information. With the Interview of Kevin Pursglove, he says that people are like to enjoy the experience of the shopping bazaar, the hunt and looking around for merchandise. Hence, they really enjoy the competition of the bidding process as everybody likes to get a bargain and to haggle a little bit over the price.
Reference:
http://en.wikipedia.org/wiki/Pierre_Omidyar
http://www.freeauctionscripts.com/ebay-success-stories/goldman-jewelry/
http://en.wikipedia.org/wiki/E-bay
http://www.ecommercetimes.com/story/2127.html?welcome=1213184390
http://www.computerweekly.com/Articles/2002/02/07/185014/ebays-secret-of-success.htm
http://wiki.answers.com/Q/Why_is_ebay_so_successful
http://pages.ebay.com/storefronts/success.html
1 comments:
If you cannot beat them, join them! There you go to make money by selling all you have in an auction way! It works so well.
Post a Comment