Archive for the ‘purchases’ tag
Making eBay work
Proportions of Ebay
In 2006, there were over 200 million eBayers worldwide. For around 750.000 people, eBay was their primary source of income. A survivor of the dot.com bust of the late 1990s, eBay represents a new business model courtesey of the internet.
eBay’s business model
Value in eBay is created by providing a virtual worldwide market for buyers and sellers and collecting a tax on transactions as they happen. The business model of eBay relies on its customers being the organisation’s product development team, sales- and marketing force, merchandising department and the security department. It is arguable the first web 2.0 company. read more about what it takes to make eBay work here