The company eBay is a world-wide active offerer of Internet auctions. The enterprise was created in September 1995 by Pierre Omidyar in San (California) under the name auctionweb.

In the course of the years developed eBay from a Consumer ton Consumer market place with a flee-market-similar character to a Business ton Consumer platform, which is used both by private and by a large number of commercial offerers. It is the most well-known and usually-used Internet auction house in the German-speaking countries.

"„The eBay story "“

According to a modern legend decreases/goes back the establishment of eBay in the USA to a maintenance between Pierre Omidyar and its wife over its collecting passion. This had accumulated and longed themselves already a considerable collection of PEZ donors for a possibility global with other collecting tanks to exchange to be able itself. Pierre Omidyar is to have come in such a way on the idea to program its wife a platform in the Internet which should make it possible not only exchange of experience, but also the exchange of real collecting objects.

Until today eBay this image maintains as "„a nice firm history "“. According to opinion of many Omidyar wanted to obtain profit from the beginning.

In the entrance hall of the German eBay center in Kleinmachnow southwest from Berlin an PEZ automat to today a showcase with different PEZ donors as well as, which are to support this firm history, is located. Of eBay history is disclaimed, in addition, is not confirmed. Higher eBay coworkers let see through however on different eBay meetings that this history was even "„only a nice history "“and/or a form of an establishment explanation rather romantisierte. This is justified with the fact that enterprises with an establishment legend can maintain ground at the market generally better, since they affect customers such as business partners more pleasantly.

Business model

The business idea of eBay consists of placing an Internet platform for the sales from arbitrary goods to the order. The company eBay appears with it only as a mediator of a sales contract between offerers and buyers. Accordingly takes place the completion including payment and dispatch without the participation of eBay. The use of the platform costs the salesman a fee, for the buyer is free it against it. For the sales three concepts are offered:

This is the sales procedure, which justified the success of eBay. The offerer of a commodity gives a starting price and a completion date for the auction. The prospective customers have then the possibility of offering an amount on the respective article. They can be over-bid at any time by competitive prospective customers. The current conditions of the requirements are at any time observable for all involved ones. That Bieter, which ordered the highest amount for the end-time of the auction, receives the addition. The price of adjudication is not identical thereby to the maximum requirement, but is a currency (for example euro) more highly than the second highest requirement. This concerns so-called English a secondary price or an Vickrey auction. A prospective customer must pay only then the maximum price ordered by him, if there is a second prospective customer, who delivers a similarly high requirement.

The salesman offers a commodity for a period specified by him for a fixed price. The first prospective customer, who is ready to pay this price, receives the addition. The offers at the fixed price are specified on the eBay sides parallel to the auctions. This variant is called by eBay "„immediately purchase "“.

A salesman can offer its goods permanently on a web page of eBay, which contains excluding its offers. On these "„eBay Shop "“sides mentioned can be offered goods permanently and without Verfallstermin. Additionally goods are listed there, which the salesman sells according to the rules of the auction, or at the fixed price

Additionally to the actual auction eBay service offers with the completion of the purchase. The payment can be completed over on-line paying system Paypal, which operates a daughter of eBay. For the dispatch of the goods on the auction sides left to the courier service iloxx are reproached.

Membership

Over over eBay to buy or one sells, must a commodity formally member become. With this membership secured by password in the data base by eBay a www side is put on, which contains further functions beside the data necessary for the dispatch. So the respective owner can the conditions of its auctions see there, or another member a message give. This "„meinEbay "“range mentioned serves thereby for eBay for the customer connection.

System of evaluation

A potential problem of sale over an Internet platform consists of the fact that buyers and salesmen do not have a personal contact and both groups are difficult to understand large. A salesman, who does not adhere to its offer and for example defective commodity supplies, would have good chances repeats buyers in good faith to find. The same applies to a customer, who pays the bought commodity only very sluggishly. In order this failure, which harms the platform on a long-term basis eBay, to make unattractive, gives it a system of evaluation, how also different auction houses use it.

With the help of the system of evaluation announced eBay members can judge their eBay business partner by an final auction and deliver a short comment. These evaluations - quasi the call of a eBay member - are observable for other prospective customers and can contribute to future purchase decisions. However there are here exceptions: EBay members can hide your evaluations, i.e., it are only the total result, in Prozentzahlen of the positive evaluations visible. So on the one hand the anonymity of the buyer is to remain protected, on the other hand the salesman against unfair evaluations protect.

Legal

EBay auctions are not loud a judgement of the Federal High Court auctions in the legal sense. They are sales contracts, which become legally effective with offer end.

See major items: Internetauktion#Rechtliche bases

Numbers and facts

After firm names at present turnover-strongest offerers of Internet auctions is more than 150 million announced members world-wide to have, that buy or sell on-line goods. In the year 2003 loud eBay 971 million article in the value of 24 billion US Dollar were auctioneered. The enterprise should be present in 33 nations with a country-specific appearance.

eBay is world-wide further on expansion course. Some numbers to this topic:

• Summer 1999: eBay buys the German auction house Alando for 43 million US Dollar of Marc and olive SAM who.
• 8. July 2002: eBay buys the Internet Zahlungsdienstleister PayPal
• 26. January 2004: eBay mobile.de (indicator market for vehicles to Germany) for 121 million euro transfers
• 23. June 2004: eBay buys the Indian platform Baazee.com for 50 million US Dollar
• 11 November 2004: eBay Marktplaats.nl for 225 million euro buys the Netherlands on-line market place operator
• 17. December 2004: eBay buys real estate portal Rent.com for 415 million US Dollar
• 1. June 2005: eBay buys Shopping.com (search machine to the offer comparison) for 620 million US Dollar
• 12. September 2005: eBay communicates the purchase of Skype.

Articles in category "EBay"

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