One of the examples of an E-commerce success is eBay. eBay allows people who have a same hobby to be able to come to same site and look at what's for sale and bid on and buy on these items.
eBay uses auction process as a method for establishing how merchandise is valued and eventually exchanged between buyer and seller. Pierre Omidyar – the founder of eBay realised the needs of fast respond and delivery in the market. Therefore he has come out with an idea to run an E-commerce business. Besides, his fiancée but now is his wife realised another limitation in the real business world. Which are, some business activities are limited by geographical considerations. It is too far away and need time which by several week or even several months just in order to get the product that they wanted.
The opportunities to come together in one internet site and be able to buy and trade a wide range of items have made eBay a success. These trading items including fine collectibles. eBay allows people to often times connect with some very fond and special early childhood memories. Moreover, eBay would be the best place for people who enjoy the experience of the shopping bazaar can look around for merchandise and hunt out!
eBay is a very practical place to buy and sell collective or commodities. People would feel very comfortable looking around and at the same time can get a good price. Besides, bargaining for a most reasonable price happened between seller and buyer in order to get merchandise that they wanted.
People with traditional business found that eBay was very enticing. It is so much fun and in many ways profitable that they created a brand new business in eBay. They've left behind their profession or careers and started a new business on eBay. These are some of the reason why eBay is a success E-commerce.
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