An example of an e-commerce success and its causes

There are many successful examples of using e-commerce to do their business activities in the world such as eBay, Amazon.com and others. I would like to introduce an example of an e-commerce success which is eBay.

What is eBay? eBay is the world’s online marketplace where buyers and sellers to come together and trade almost anything. eBay was founded in Pierre Omidyar’s San Jose living room back in September 1995. Seller can lists items on eBay. Seller can sell their item in term of online auction. Seller will open a price and remain in eBay for few days. Buyers then can place bids on the item. When the listings end, the highest bid will win. Seller also can sell their thing in Buy It Now listing. In this way, the first buyer willing to pay the seller’s price gets the item which is in first come first get basic.

Nowadays, eBay is a very famous online business in the world. I think is because eBay allows people to often times connect with childhood memories. It could be anything from collecting baseball cards to toy soldiers to Barbie dolls to doll house. In addition, people can enjoy the competition of the bidding process by eBay. Everybody can get a bargain, in some way, or form, like to haggle a little bit over the price.