I would suggest that eBay is an example of E commerce’s success. eBay.com is an online auction site, a global online market where everyone can trade anything. eBay.com is founded in San Jose, California on 3rd September 1995and it’s managed by the eBay Inc.
eBay is the largest online community of buyers and sellers in the wide world. It has 38 markets worldwide and over 241 million registered users in the world. eBay also offers many boundless opportunities for people to buy from and sell to the world. Sellers are permitted to list items for sale and buyers are allowed to bid on the items they are interested in. Users can browse through the listed items in the arrangement by topics, where each type of auction has its own category. This makes the online trading more convenient.
The main cause of eBay success is that it involves managerial decisions regarding strategic, operational and technical issues which under direct control of decision makers. Hence, they possess the best plans in managerial decisions.
Another cause that drives eBay success would be the people enjoy the experience of the shopping bazaar. Buyers might enjoy the competition of the bidding process. eBay auction format also allow users to bargain and negotiate over the price of a certain item.
Besides, people like to do transactions at eBay as the majority of people who trade in the site are warm, honest and trustworthy. eBay also becomes the e commerce site where people are exchanging information other than the goods, services and merchandise.
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