E-bayE-bay

History of EbayHistory of Ebay

eBay Inc.eBay Inc. is an is an AmericanAmerican InternetInternet company that manages eBay.com, company that manages eBay.com, an an online auctiononline auction and shopping and shopping websitewebsite in which people and in which people and businesses buy and sell aboard businesses buy and sell aboard variety of goods and services variety of goods and services worldwide. worldwide.

The The online auctiononline auction website was website was founded as AuctionWeb in founded as AuctionWeb in San Jose, CaliforniaSan Jose, California, on September 3, , on September 3, 1995, by 1995, by FrenchFrench-born -born IranianIranian computer programmer computer programmer Pierre Pierre OmidyarOmidyar..

The very first item sold on eBay was The very first item sold on eBay was a broken a broken laser pointerlaser pointer for $14.83. for $14.83.

In November 1996, eBay entered into In November 1996, eBay entered into its first third-party licensing deal, its first third-party licensing deal, with a company called Electronic with a company called Electronic Travel Auction to use SmartMarket Travel Auction to use SmartMarket Technology to sell plane tickets and Technology to sell plane tickets and other travel products. other travel products.

The company officially changed the The company officially changed the name of its service from name of its service from AuctionWeb AuctionWeb to eBay in September 1997.to eBay in September 1997. Originally, the site belonged to Echo Originally, the site belonged to Echo Bay Technology Group, Bay Technology Group,

In February 2002, the company In February 2002, the company purchased purchased IBazarIBazar, a similar European , a similar European auction web site founded in auction web site founded in 19951995 and and then bought then bought PayPalPayPal on on October 14October 14, , 20022002..

In early 2008, the company had In early 2008, the company had expanded worldwide, counted hundreds expanded worldwide, counted hundreds of millions of registered users, 15,000+ of millions of registered users, 15,000+ employees and revenues of almost $7.7 employees and revenues of almost $7.7 billionbillion

Ebay categoriesEbay categories Apparel & AccessoriesApparel & Accessories

Books & MagazinesBooks & MagazinesCameras & OpticsCameras & OpticsCars, Bikes & CVsCars, Bikes & CVsCoins & NotesCoins & NotesCollectiblesCollectiblesComputers & PeripheralsComputers & PeripheralsConsumer ElectronicsConsumer ElectronicsFitness & SportsFitness & SportsFun StuffFun StuffHealth & BeautyHealth & BeautyHome, Decor & FurnishingsHome, Decor & FurnishingsJewelleryJewelleryKitchen & Home ApplianceKitchen & Home Appliancess

Memory Cards, Pen Drives Memory Cards, Pen Drives & HDD& HDD

Mobiles & AccessoriesMobiles & AccessoriesMovies & MusicMovies & MusicMusical InstrumentsMusical InstrumentsServices & Real EstateServices & Real EstateStampsStampsTools & HardwareTools & HardwareToys, Games & BabyToys, Games & BabyTravelTravelVideo & Computer GamesVideo & Computer GamesWatchesWatchesEverything ElseEverything Else

Register now

Bid, buy and find bargains

Shop with confidence with PaisaPay Buyer Protection

Connect with the eBay community

Pay palPay pal TypeType : : Subsidiary of Subsidiary of eBayeBay (oct 2002) (oct 2002)

Founded : Founded : Palo Alto, CaliforniaPalo Alto, California USA USA (1998)(1998)HeadquartersHeadquartersSan Jose, California.usaSan Jose, California.usa

Parent : Parent : eBayeBayWebsite.Website.paypal.compaypal.com Currently, PayPal operates in 190 markets, and it Currently, PayPal operates in 190 markets, and it

manages over 184 million accounts (More than 73 manages over 184 million accounts (More than 73 million active accounts). PayPal allows customers million active accounts). PayPal allows customers to send, receive, and hold funds in 19 currencies to send, receive, and hold funds in 19 currencies worldwide.worldwide.

Pay palPay pal Payments and money transfers can Payments and money transfers can

be made through internet.be made through internet. Replaces cheques and money orders.Replaces cheques and money orders. Payment intermediary service that Payment intermediary service that

facilitates worldwide e-commerce.facilitates worldwide e-commerce. online vendors, auction sites, and online vendors, auction sites, and

other commercial users.other commercial users.

Buying and selling on eBay is easy, safe and fun.

Buy what you want

There are many ways to buy, so you can choose the format that is best for you.• Make an instant purchase for products at a fixed price with Buy It Now.

• Bid using the exciting auction-style format at the price you are willing to pay. If you are the highest bidder you get the item at your price.

• If you can't find what you want, let sellers know –Post a Want It Now

Start a business or sell for funStart a business or sell for fun To sell things lying around the house To sell things lying around the house To sell old mobile phones To sell old mobile phones To make some extra money through To make some extra money through

part-time selling on eBay part-time selling on eBay To start a new business To start a new business To expand an existing offline To expand an existing offline

business business

Auction Auction

eBay offers several types of auctionseBay offers several types of auctions.. Auction-style listingsAuction-style listings allow the seller to offer allow the seller to offer

one or more items for sale for a specified number one or more items for sale for a specified number of days. The seller can establish a of days. The seller can establish a reserve pricereserve price..

Fixed Price formatFixed Price format allows the seller to offer one allows the seller to offer one

or more items for sale at a or more items for sale at a Buy It NowBuy It Now price. price. Buyers who agree to pay that price win the Buyers who agree to pay that price win the auction immediately without submitting a bid. auction immediately without submitting a bid.

Dutch AuctionsDutch Auctions allow the seller to offer two or allow the seller to offer two or more identical items in the same auction. Bidders more identical items in the same auction. Bidders can bid for any number from one item up to the can bid for any number from one item up to the total number offeredtotal number offered..

BiddingBiddingBidding on eBay's auction-style listings is called Bidding on eBay's auction-style listings is called proxy biddingproxy bidding and is essentially equivalent to a and is essentially equivalent to a VickreyVickrey auction auction, with the following exceptions:, with the following exceptions:

The winning bidder pays the second-highest bid The winning bidder pays the second-highest bid plus one bid increment amountplus one bid increment amount

The current winning bid is not sealed, but instead The current winning bid is not sealed, but instead is always displayed. However, at any given is always displayed. However, at any given moment, the highest bidder's bid is not moment, the highest bidder's bid is not necessarily displayed, since this amount may be necessarily displayed, since this amount may be higher than the amount required to win the higher than the amount required to win the auction.auction.

Ebay DropshippingEbay Dropshipping

seller

Dropship supplier

customers

Buy's Internet SuperstoreBuy's Internet Superstore

buy over 4 million products in computers, laptops, hard drives, TVs, books, dvd, videos, games, video games, music, electron...

Safety and protection policiesSafety and protection policies

Pay pal buyer protection policy – Pay pal buyer protection policy – within 45 days the customer can within 45 days the customer can launch a complaintlaunch a complaint

Supplier protection policy-”claims by Supplier protection policy-”claims by buyers of unauthorized payments buyers of unauthorized payments and against claims of non-receipt of and against claims of non-receipt of any merchandise" any merchandise"

Advantages of ebayAdvantages of ebay Catalog flexibility and Online fast updatingCatalog flexibility and Online fast updating Shrinks the Competition GapShrinks the Competition Gap Unlimited Market Place and Business Access Unlimited Market Place and Business Access

Which Extend Customer BaseWhich Extend Customer Base Lower Cost of Doing BusinessLower Cost of Doing Business Eliminate MiddlemenEliminate Middlemen Easier Business AdministrationEasier Business Administration Frees Your StaffFrees Your Staff Customers will love itCustomers will love it More Efficient Business RelationshipsMore Efficient Business Relationships Workflow automationWorkflow automation Secure Payment SystemsSecure Payment Systems