Ebay's Increasing Sales

Want to read the rest of this paper? Join Essayworld today to view this entire essay and over 50,000 other term papers

the rest of auction web sites. According to the 2004 analysis, eBay rates higher than its competing counterparts such as Yahoo and Amazon.

While eBay continuously reaps success, it is but normal for many analysts to make researches and study on how eBay had reached its current outstanding performance in online trading. The secrets to success of eBay is usually the topic employed in many statistical analysis regarding eBay. In view of this, how eBay was able to increase and maintain its rising sales in its business

of online trading, despite of the many auction sites that were built after the Internet was introduced, will be the study in this research. To be able to do this, data will be gathered from people who habitually open their computers and take a look at new stuffs in eBay.

Much of the reasons in the increased in sales of eBay last year can be accounted to the millions of eBay's registered resellers and entrepreneurs, as well as to millions of eBay clients ...

Get instant access to over 50,000 essays. Write better papers. Get better grades. Already a member? Login

are added to the eBay marketplace, more than 10 million bids are placed, and more than 100,000 new people register to buy and sell on eBay.

· At any given moment, eBay is conducting some 19 million auctions, divided into more than 45,000 different categories.

· About 2 million new items are offered for sale every day.

· One company is grossing more than $5 million per year selling brand-new pool tables on eBay. Their eBay store is so profitable that they've closed their retail location and now sell solely online. That's right, they're making $5 million by selling pool tables-proof that you can sell just about anything on eBay if you know how to do it.

Why has Ebay's ...

Succeed in your coursework without stepping into a library. Get access to a growing library of notes, book reports, and research papers in 2 minutes or less.

CITE THIS PAGE: