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By David Nettey
The internet is not all about eBay, but that will be very hard
to prove to some people. The auction site is the main and
sometimes only destination for online shoppers these days, and
you tell me this is not staggering if i tell you the site is
adding to its online customer base everyday.
EBay was founded by Pierre Omidyar a Paris native in his San
Jose living room back in September 1995. It was from the
beginning meant to be a marketplace for the sale of goods and
services to individuals, which to some extent, is still is
today.
In 1998, Pierre Omidyar and co-founder Jeff Skoll brought in a
woman called Meg Whitman to mastermind the auction site's
continuing expansion.
Meg Whitman who studied at the Harvard Business School had
previously worked for the Stride Rite Corporation, a footwear
company, in various capacities.
Meg Whiteman was also employed by the Walt Disney Company, an
entertainment company, most recently as senior vice president,
marketing, Disney Consumer Products, she was also at Bain &
Co,
a consulting firm and other reputable firms, but we will not
go
into much detail.
Credit must be given to Meg Whitman for beating back three
tough competitors, Amazon.com, Yahoo and Lycos who tried to
knock the site from its perch.
>From its flea market - like roots, the site now host auctions
for big-ticket items such as automobiles and real estate. The
site has not just weathered the storm – it is steaming full
speed ahead.
The online auction site has built a strong online presence, it
has been through some though times since its inception, but
that seems to make eBay even stronger. For those of you that
have still not heard about eBay, it is an online auction
website, and it is not just any auction site, but the biggest
in the world. If you know how an offline auction works, then
you already have an idea about how eBay works.
Most people are turning to eBay for their online shopping
needs. The auction site has made it easy for shoppers with its
user-friendly search facility. Just type the name of whatever
product you are after and eBay searches through its various
categories and comes up with various links relating to the
product in that category. Click the link, and you are on your
way to your very first purchase on eBay. It is that easy. And
it is for this reason, most shoppers keep going back to eBay,
not just for bargains, but because the auction site has a user
friendly interface and it is easy to navigate, even for the
novice Internet user.
EBay has built an online person - person trading community on
the internet, using the World Wide Web. Buyers and Sellers are
brought together in a manner where sellers are permitted to
list items for sale, buyers to bid on items of interest and
all
members to browse through listed items in a fully automated
way.
These items are arranged by topics, where each type of auction
has its own category.
The site has spawned a whole industry of programs and websites
catering to online auction buyers and sellers. You can find
help to list, buy, pay or sell. These days, selling on the
site
has become a full time job for many people. Some sellers
consistently make more than $150,000.00 in monthly sales and
there are over 260,000 people selling on the auction site and
this figure keeps growing by the day.
Copyright © David Nettey
About The Author: David Nettey is the webmaster of
www.coollittlewebsite.biz and www.LyecryNet.com
For Internet Business Ideas and Opportunities visit his
website
info.cbmallincome.net
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