The reason that contributes the success of the company is that eBay provides a variety of goods from all over the world to be sold online. However, users are required to be registered first as a user of eBay.com before proceeding in any transactions. Goods are being sold including antiques as long as it does not violate the eBay Prohibited and Restricted item policy. Items would be sold in either the auction method or the fixed price method. In the auction method, the starting price and minimum bid will be set by the seller and the buyer that quote the highest price will get the goods. In the fixed price method, the item would have a 
price where buyers who agree to that price will get the goods. eBay always update its website where currently gifts for Father's Day are being auctioned.
Some purchases in eBay are made through the usage of the eBay payment system, PayPal. This made the company earn more as eBay owns the payment system and with every transactions made in eBay, fees are being paid to both eBay and PayPal.
Currently, more and more people from all over the world are using internet to sell or purchase items which they desires. This is because shops online would not close and operates 24 hours a day for the whole year round. Therefore, by having a website (eBay.com) that provide this function would certainly make eBay Inc a successful e-commerce company in present as well as in the future.You can visit the website yourself in:
Information above are adopted and refined from http://en.wikipedia.org/wiki/EBay
1 comment:
not only these two ecommerce success, still have many such as yahoo.com, google.com, and so forth.
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