eBay :: BTEC Business Marketing GCSE Coursework

eBayFounded in September 1995, eBay has become a powerful marketplace for the barter of goods and function by a passionate community of individuals and small businesses. eBay is an online auction house where anyvirtuoso in the world can log and buy or snitch goods through an auction. Today, the eBay community includes 18.9 million registered exploiters, and is the number one most popular shopping site on the Internet when measured by total user minutes according to the Media Metrix September 2000 web report.eBays Mission eBay helps people trade practically anything on earth. eBay was founded with the belief that people are basically good. They moot that each of their customers, whether a buyer or a seller, is an individual who deserves to be treated with respect. eBay will continue to enhance the online trading experiences of all - collectors, hobbyists, dealers, small business, unique(p) item seekers, bargain hunters, opportunistic sellers, and browsers. The growth of th e eBay community comes from meeting and exceeding the expectations their customers.eBays Market In 2000, the eBay community transacted everyplace $5 billion in annualized gross merchandise sales (value of goods traded on the eBay site). eBay is not just a place for collectibles, beanies and Pez dispensers. On any given day, there are millions of items listed on eBay crossways thousands of categories. People come to eBay to buy and sell everything from the practical, unique, and interesting - such as automobiles, jewelry, musical instruments, photographic equipment, computers, furniture, and sporting goods. With the recent acquisition of Half.com, eBays community now benefits from a marketplace combining traditional auction style trading and fixed-price trading. eBay enables trade on a local, national and international basis. It features a variety of specialty sites, categories and services that aim to provide users with the necessary tools for efficient online trading. eBay Int ernational eBay is truly a global marketplace, where individuals worldwide are coming together to buy and sell from one another. It is not uncommon to hear about eBay users in Japan buying items from users in the U.S., or users in Australia buying from others in France. Users on eBay represent over 150 different countries. With eBays vision and global business strategy, the company will continue to expand its service and brand abroad. Currently, eBay has country specific sites in the join Kingdom, Canada, France, Germany, Japan and Australia.