- eBay is an online marketplace platform founded in 1995 that allows individuals and businesses to sell a wide variety of goods to buyers around the world. - It has over 100 million users globally and generated $8 billion in annual revenue. - Buyers can purchase items through auction-style or fixed-price listings, while sellers benefit from the ability to reach a large international customer base.

1. eBay

2. Contents History What is Ebay? Why do we use Ebay? Selling the Porducts Buying the products Paying the Ebay Ebay Stratagies Advantages Disadvantages Conclusion

3. History Pierre Omidyar, from California, USA build the site. The site went online in 1995 with the name “Auction Web”. Acted as an auction site, visitors were minimum. In 1997 the site was renamed “EBay”.

4. EBay Today Is ranked as the 8 th most visited website in USA. The company expanded worldwide Over 100 million users It makes more than $8 billion annual revenue It employees over 15,000 employees

5. What is Ebay? According to Allbusiness(1999-2010) and Gomes-Casseres (2001),

6. Why do we use Ebay?

7. Selling the productsOn EBay Anyone can sell on EBay simply by registering and providing certain information, personal and financial. Sellers can sell in two ways: Auction – The highest bidder wins the item Buy It Now – A fixed price is given for an item. Sellers can sell their items all over the world. Sellers pay a fee to EBay when their item is sold.

8. Buying the products On EBay Customers can buy virtually everything from eBay, from food, electronics, cars or even houses. Customers do not pay any fees to eBay but they must become registered members first. They can order items from all over the world and delivered to their door. Customers can benefit from lower prices than the prices high streets offer.

9. Paying On EBay Usually most sellers request online payments by PayPal which is more secure for both seller and buyer. Some sellers offer other alternatives such as e-cheques, postal order, credit card payment. When payment is received the seller sends the item to the buyer.

10. EBay Strategies Provide an online global market place Provide a safe and easy to use environment Provide a global standard of payments (PayPal) Reduce online fraud. Increase the number of new users Increase sales from all users including buyers. Localize in as many countries as possible. Increase and maintain their Brand name Provide a reliable system Improve fees and search tools

11. Advantages of Ebay Sellers can sell their products all over the world Buyers can buy from anywhere in the world Buyers can shop from home and take advantage of the low prices. More selection and variety of products Standard payment system.

12. Disadvantages Of EBay Online fraud still occurs. PayPal paying system requires a great deal of personal and financial information which increases security risks. Your personal information such as home address is given to anyone you buy something from. Lack of item information from a specialist such as the one provided in shops. Stolen items can be sold easier and faster by criminals. Clothing items might be fake.

13. Ebay Inc 1995-2010) EBay website: www.Ebay.com

14. Conclusion eBay has provided a global marketplace Through the years eBay is becoming more user friendly and more and more people start to use it. However, people must take more strict measures when providing their information. For example internet cards can be given to PayPal rather than Credit Card.