What Makes EBay the World Market Place
At this point, eBay is a phenomenon of our generation, and I am not going to introduce eBay to you. However, I will try to explain why eBay became a phenomenon.It is simpler than you think of, because:
the Founders of eBay from the start had a couple of excellent ideas.
the hard work of the eBay team.
the hard work of the eBay community: sellers, buyers.
First Idea:
eBay facilitates a direct conversation between Sellers and Buyers, eliminating the middlemen. eBay does not position itself as a middleman between Sellers and Buyers. eBay is nothing more than an online application which facilitates the direct conversation between people who have something to sell and people who need a specific item and are willing to buy it! You will pay a fee for eBay services, but eBay will never interfere between Sellers and Buyers decisions. We are humans; and in a case of a wrong doing, a third company will analyze the case and come up with a conclusion.
eBay used to treat Sellers and Buyers equally (at list the founders did). Now there is a slight tendency to favor the buyers, which I personally don't like. I think eBay will only continue to be prosperous with Happy Sellers and Happy Buyers.
Second Idea:
The Founders have created a powerful element of trust, much needed in the on-line environment. This is the feedback system. The feedback you have is your reputation, and it is very effective and necessary. I used to tell my eBay students, do not sell your grandmother jewelry until you have a minimum of 100 positive feedbacks.
Third Idea:
The eBay Application was created with specific rules that we have to follow. Some people might consider the rules too restrictive, others argue that rules mean discipline and principles; there is nothing wrong with them. The years 2007 and 2008 will remain in history as the years of changes on the eBay Market. Now eBay has the tendency to be more flexible and we will see soon if this is a good or bad idea.
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