An example of E-commerce that I choose is eBay. I choose eBay is because eBay is The World's Online Marketplace that people and businesses buy and sell goods and services on a local, national and international basis. Besides that, eBay has established localized website in thirty other countries such as Australia, Canada, China, Japan, Malaysia and so on.
eBay Incorporation is launched on September 3, 1995 by French-born Iranian computer programmer Pierre Omidyar as part of a larger personal site. Other that, eBay connects hundreds of millions of people around the world every day. eBay Incorporation does this by providing Internet platforms of choice for global commerce, payments and communications. Now the most common brands in the world are eBay, PayPal, Skype, Shopping.com and others.
eBay headquarters in San Jose
eBay North First Street satellite office campus
The factors that cause eBay to besuccess as follows:
· There are nearly 95 million eBay users who spend $894 per second.
· Most eBay sellers are individuals and small businesses who sell everything from porcelain dolls to DVD players to Mercedes convertibles.
· Every day, more than 2 million new items are added to the eBay marketplace, more than 10 million bids are placed, and more than 100,000 new people register to buy and sell on eBay.
· At any given moment, eBay is conducting some 19 million auctions, divided into more than 45,000 different categories.
· About 2 million new items are offered for sale every day.
· One company is grossing more than $5 million per year selling brand-new pool tables on eBay. Their eBay store is so profitable that they've closed their retail location and now sell solely online.
They List a few items and see how they sell. If an item doesn't sell, list it at least twice more. Some items might not sell the first time, but may the second or third, then sell steadily from then on. If an item gets no bids the first time, consider adjusting the price or their terms. If an item sells well, keep it in stock and then experiment with another item..
The company's current business strategy includes increasing international trade. eBay has already expanded to over two dozen countries including China and India.
Countries for which eBay is localized.
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