Online Auction - sell items at a cheaper price then they...

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Running head: ONLINE AUCTION 1 Online Auction Darrell Dannelley XBIS/219 July 15, 2011 Dr. Shawn Rieder
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ONLINE AUCTION 2 Online Auction Self-described as the world's online marketplace; a place for buyers and sellers to come together and trade almost anything (eBay, 2011). eBay is a place where buyers from all over the world can go online and find items that sellers from all over the world have listed. The items are either listed as an auction style or as a set price known as the Buy It Now option (eBay, 2011). eBay provides a place for the common person to sell unwanted items, a small business to get started selling, or a large business to sell item worldwide. eBay offers both large-scale and small-scale sellers the opportunity to have their merchandise available to billions of people all over the world with only costing a small listing fee, and percentage of what the item sells for. The disadvantage that eBay may be to large-scale and small-scale sellers is that because of the increased amount of competition they may have to
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Unformatted text preview: sell items at a cheaper price then they normally would. ONLINE AUCTION 3 Having eBay as part of a person’s business strategy would be a wise decision. Doing this will give the new e-tailer an opportunity to present their goods to the world without the cost of maintain a website, advertising, while giving the buyer a piece of mind because they know that eBay will protect them ("EBay Business," 2004). The new e-tailer will also have the ease of use that eBay provides rather then dealing with all of the complications of maintaining their own website. eBay would be a wise choice to help get a business started as well as expand customers geographically for existing businesses. References EBay Business. (2004). EBSCOhost, 89 (12), , 32. Rainer, R. K., & Turban, E. (2009). Introduction to Information Systems (2nd ed.). Hoboken, NJ: Wiley. eBay. (2011). eBay University Learning Center . Retrieved from
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This note was uploaded on 10/15/2011 for the course XBIS219 XBIS219 taught by Professor Reider during the Spring '10 term at University of Phoenix.

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Online Auction - sell items at a cheaper price then they...

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