SUCCESSFUL BUSINESS IN ECOMMERCE

EBay: Successful Business in Ecommerce

EBay: Successful Business in Ecommerce

E-commerce

Ecommerce is the method of selling and buying services, goods and items online. People belonging to successful ecommerce businesses generally stick to some simple rules. They start by looking for something to sell. Then they look for a proper platform from where they can sell. They go through a system by which purchasers pay them, by creating professional email addresses to build up effective communication systems with people and use promotional stuff to expand their businesses. (Suciu, 2008)

EBay as an example

Ebay.com is managed by an American Internet Company named eBay Inc. It is a place to auction your things online and is also a shopping website which allows people to do business by selling and purchasing a variety of services and goods worldwide. EBay was established in 1995 and is one of the prominent success stories in the world of dot-com. With its business expanded over thirty countries it is now considered as multi-million dollar business. It has expanded highly, from auction forum to a lot of other facilities like buy it now, UPC ISBN, SKU to online money transfer and etc. Millions of décor, computers, appliances, equipments, furnishings, vehicles, collectibles and other different types of items are bought, listed or sold on daily basis on eBay.

What the company does?

EBay focuses on two fundamental purposes. Firstly, it tries to expose the items to thousands of people globally through web in a very effective manner because EBay is considered to be the first option people look for the items, both used and new. Placing your order at EBay means you get a higher chance to reach people. Secondly, it gives your products and your sites a very cost effective exposure. It provides cheap advertisement which truly focuses on people who ...