7. Selling products such as books and computers on the Internet may reduce vendors’ selling costs by 20 to 40 %, with further reductions being difficult because the products must be delivered physically. ( )…
EBay has become a well known online auction site. The popularity of eBay proves that there is many significant changes to the way people trade since credit cards were invented. EBay helps people around the word to sell and buy things anytime and anywhere using their computers. In order to improvise the customer service, eBay has banned sale of certain items and it also removes contentious sales immediately if there is any. Other than that, eBay also act as online department store. Besides second-hand products, consumers also have chance to find brand new products in eBay. On the other hand, some retailers running their whole business on eBay and some are pass their excessive inventories to eBay traders for selling purpose. The specialty of EBay is users can shop by simply clicking on the seller’s shop to view their products; even they can browse through categories. Users can experience never-ending cycle of finding something they like in eBay. Besides that, the promise of eBay of ‘a quick and easy way to make money’ is the biggest attraction for many people. For instance, in past often worthless items have been sold for large amount of money on eBay but this is due to creativity of the trader who carried out this. EBay also helps them to find out worthiness of their goods. Besides, eBay also encourages entrepreneurship, but the entrepreneurs are bound by some terms and conditions. EBay is also considered as a social networking site as it is a social auction site.…
Michael Miller (2009). Selling Online 2.0: Migrating from EBay® to Amazon®, craigslist®, and your own E-commerce Website (pp. 288) Que…
The use of e-commerce is becoming more widespread especially in terms of conducting financial transactions via the Internet. Many businesses (retail and professional) are transitioning to selling and providing services on the Internet. Merchant account companies like PayPal provide a platform for products to be sold, shipping and handling paid, and consumer purchasing conducted at virtually any location at anytime. More consumers are turning to ecommerce to pay for essentials in life like insurance premiums and utility bills. The benefits are efficiency of sell, whereas the negative is the growing potentials of threat. This trend poses future challenges for the management of risk. With these types of…
Yes, there is an auction website that is combatant to eBay. The web site uBid.com is just that, a formidable contender. These two auction based websites are leaders in the world in the effect of bid vending. The function of the websites are comparable, yet distinguish themselves accordingly to give themselves a branded feeling. The feel of the site is crucial to its success overall. So much can be said regarding comfortable site navigation and user friendliness. And because of the convenience of shopping at home, the world is turning to E-Commerce. The site is the sales person, and we all love a friendly, capable salesman. Comfortable and easy maneuverability around the website is what the buyer demands to find exactly what one would want. It gives a feeling like the salesman is helping find the desired product, exactly. Both companies came into existence about the same time (eBay 1995, uBid 1997), and uBid has been able to achieve moderate success, in comparison to the overwhelming sensation that eBay has become. This study will examine the seller and the buyer, and provide a look into what the conditions are to be afforded the opportunity to buy and sell on each website. This study will also expose the tools and personnel that both auction websites utilize to both drive, and maintain their successes.…
Shopping online is more convenient than driving to a store. If you have a computer with the internet, you can shop online at any store with a website. When you live in a rural area and the closest mall is an hour away, why drive when you can just shop online? Nobody wants to wait in line to buy the one thing they drove so far to get or find out that the item they wanted is sold out. You can just buy it at home. There are plenty of advantages to shopping online. Convenience is just the icing on the cake.…
Halsted, D. & Becherer, R. C. (2003). Internet auction sellers: does size really matter?. Vol. 13, No. 3, pp. 183-194.…
Online shopping creates a whole new experience to shopping. You can shop without having to leave the comfort of your house. You can shop in your pajamas if you wanted to. Online shopping also takes out a lot of stress from having to wait in line and dealing with incompetent cashiers. Plus you can also keep track of things you want to buy in the future by using a wishlist. A lot of times the prices are cheaper too because you don’t have to go through middle men. You can also ship gifts straight to relatives and friends instead of having to get the item and shipping it yourself at the post office. The possibilities are endless with shopping online.…
We chose to sell online because it enables our company to showcase our products, provide up-to-date information, specifications and applications, as well as selling products all in one place. Moreover, the information we provide on the Internet, as well as product offerings, can be changed or be updated instantly. Furthermore, the Web is good for our business on both ends of an exchange because of the convenience and speed as products can be sold or ordered 24 hours a day, seven days a week, and 365 days a year without the need of leaving your home.…
Auctions are as modern as today 's technology, yet as old as mankind. The Internet, however, has expanded the scope and reach of this market mechanism beyond the wildest dreams of its traditional purveyors. Unlike traditional auctions that were limited in scope, online auctions have brought this mechanism to the masses, providing them with an all-encompassing selection of goods they can buy or sell.…
E-bay is an online marketplace where people come together to purchase and sell merchandise. Th3e way that it works is that the seller places an item on e-bay and it is up to the seller to accept bids only another thing that they can do is offer the Buy It Now option, which is basically a price that is set in place from the seller. The seller can have a choice to choose both options if they like. The Buy It Now option allows the potential buyer to buy the item without having to go through and win the auction. The seller has the right to specify what the price should be to open the bids and how many days an item is allowed to be bided on. Potential buyers then place their bids on the merchandise and when the listing comes to an ends the potential buyer with the highest bid wins. The person who is selling the items then prints off labels and is responsible for getting the merchandise in the mail or they can take the merchandise to the post office to get mailed or go through a place like Fed ex or UPS.…
On-line web-based selling is becoming an increasingly important channel for the marketing and selling of products and services. Customers are increasingly searching the internet for information on products before making purchases these days.…
An Online Buy and Sell has technical advantages aspect in the world of internet, including the design, advertising, and selling. It is being used now by many people, including those people who use internet in their daily lifestyle. Online Buy and Sell makes a big contribution in terms of advertising and producing more sale to its users. Providing services and endorsing is one of the main goal of Online Buy and Sell. As the technology charges, many people are still adapting techniques to produce more revenue. A lot of people are into online selling because of several reasons. One of these is that online selling reduces the operational cost since the transactions are done in the web. It automates the checkout, billing, payments, and other operational processes. Online system is available anytime, anywhere, thus it increase the traffic for the website. As for the customers they can choose the item they want anytime.…
There are two types of people in the world, the innocent sheep and the hungry wolf. The sheep represents most of us, people who are good in nature and well innocent, while the wolf is the kind of person who would take advantage of anything or anyone just to get ahead. Online shopping is the latest trend in consumer consumption. Buying things online in the comfort of your home isn’t really a bad idea; less hassle, faster transactions, larger variety and unbelievable savings. Sometimes, deals that are too good to be true.…
How can you get good value for money during shopping? Over the past years, shopping online has a rapid rise because of the mushroom of development of computer science which seems incredible. A large amount of people prefer shopping on E-bay or Taobao and believe it has numerous advantages and benefits. Nevertheless, other rational people have a question: Is online shopping all that much better? In order to solve this question, this paper will discuss whether online shopping is a good choice. In fact, it is obvious that purchase goods from online stores in not a good option. More specifically, it is because the information provided by the sellers does not match with the real quality and it tends to reduce folk’s communication with the outside world. More than that, human beings are tricked in online stores frequently and their privacy can be threatened likewise.…