The supply and seller side of eBay market

Background of the Company

      E-bay is a site that commenced trading on Monday, 4 September 1995 with name 'Auction Web'. The site attracted no visitors at all in its first 24 hours.It was later re-branded eBay in 1997 and since then it has enjoyed a surge in visitors of about 890 million page views per day in 2004 and 7.7 gigabyte of outbound data traffic per second.

     At the end of 2005 its visitors surged up to 157 million. eBay consist of three major businesses as its purpose is to 'pioneer new communities around the world built on commerce,sustained by trust and inspired by opportunity'.

1) The Market Place- This is the heart of the business that intends to 'create the world's marketplace'. This is where the functionality, safety, ease-of-use and reliability of the platform are controlled.

2) Pay Pal- This is a company that was acquired in 2003 and its aim is to 'create the new global standard for online payments'.

3) Skype- This is a company that was acquired in 2005 and it provides telecommunication services to users worldwide via voice over internet protocol (VOIP).

eBays business model was originally intended to provide an avenue for consumers to sell goods to one another (consumer-consumer) but it has recently introduced an option for paying for an item at a fixed price (Buy-It-Now).

Finally,eBay's marketplace growth was achieved by delivering specific sites localized for different geographies such as Australia, Spain, United kingdom and USA.

      ebay is a buy and sell website. In ebay we can purchase a thing only while looking at its picture. But 

actually we dont know weather it is that thing what we want.So there is always some kind of 

hesitancy in our mind while purchasing a thing from ebay whether this thing will work properly, 

will it gives me the full value of money?        

     very one wants to buy a thing of their choice have a look on them in original, not from a 

picture.The pictures on ebay are not so clear so sometimes users prefers not to buy that thing 

even he might like the attributes.we check the thing on ebay after purchasing it, we cant check 

them before buying it. If it does not work then it will make our money lose.when a customer 

wants to buy a thing on ebay he looks on its picture, but there many pictures of items which 

are not so clear. So ebay have to work more on increasing the quality of the images. 

ebay are taking a lot more time in delivering items to the customer, even sometimes a week, 

they must reduce this time period.  

THE MAP OF EBAY

 

Advantages

eBay has very huge marketplace, they sale online which have no physical location limit. They can sale many different types product, and get million people order for goods on each day. Also anyone can be a seller by using eBay, it attract more and more sellers to sell their product. Thirdly, people can buy anything anytime, even can buy products from other countries without higher prices. Moreover, there have no time limit, people can buy and sell on eBay 24 hours every day. Another advantage is buyers gain products by auction on eBay, they will feel contented. Some of them will like this kind of specific auction, because it has challenge to make people back for more satisfaction.