Title: Buying
1Buying
on
2eBay History
- According to urban myth, eBay was founded by
Pierre Omidyar for his girlfriend so she could
have a way to trade Pez dispensers - 1995 - Pierre Omidyar creates eBay.
AuctionWeb.com goes online - 1997 - eBay hits on the site spiked in the first
quarter of the year, from 600,000 to more than 1
million. Site crashes were a daily occurance. - 1997 - AuctionWeb.com site name changed to
eBay.com. First logo is created. - 1997-1998 - The eBay logo with the colorful
letters we know today was chosen as the final
logo for the company. - 1999 - EBay's site crashes for 22 hours. eBay's
then 400 employees are ordered to call all eBay
users to personally apologize. - 2000 eBay has 1,927 full-time employees and 12
million registered users. By the end of 2000 the
company has 22 million registered users. - 2004 eBay grosses 3.3 billion in revenue
3eBay History
4eBay History
5eBay History
6eBay History
7What is sold on eBay
- Antiques
- Art
- Baby
- Books
- Business Industrial
- Cameras Photo
- Cars, Boats, Vehicles Parts
- Cell Phones
- Clothing, Shoes Accessories
- Coins
- Collectibles
- Computers Networking
- Consumer Electronics
- Crafts
- Dolls Bears
- DVDs Movies
- Entertainment Memorabilia
- Gift Certificates
Health Beauty Home Garden Jewelry
Watches Music Musical Instruments Pottery
Glass Real Estate Specialty Services Sporting
Goods Sports Mem, Cards Fan Shop Stamps Tickets
Toys Hobbies Travel Video Games Everything Else
8Weird Stuff
- Grilled-cheese sandwich with the image of the
Holy Mother sold for 28,000 - Man who auctioned his forehead for advertising
space sold for 37,375 - Britney Spears' chewed gum sold for 263
- U.S. Navy F/A-18A Hornet jet fighter sold for
9,000,000 - Titan 1 ICBM Missile Base (decommissioned, dont
worry) sold for 778,080.02
9What is not sold on eBay
- Items that are illegal or that encourage illegal
activity (banned weapons, drugs, etc.) - Items that are racially or ethnically
inappropriate. - Services that are illegal, sexual in nature or
that violate eBays User Agreement - Listings with counterfeit or bootleg items
(counterfeits, replicas and unauthorized copies)
10What you need
- A valid e-mail address (if you use webmail you
may need to give more information) - A credit card
- Money to buy stuff
11PayPal
- Used to send and receive electronic payments
- Primary form of payment for items on eBay
- Must be registered separately from eBay
- Two forms of accounts
- Unverified makes payments though a credit card
- Verified makes payments using direct deposit to
a checking account
12How does eBay work?
- An eBay user posts an item for sale in an auction
listing. The auction lasts several days - Another user does a search for the same or
similar item and finds the listing. - The buyer inspects the listing, asks the seller
questions through E-Mail or on eBay, checks the
sellers feedback history, and eventually bids on
the item. - Other buyers do the same and place higher bids
- The auction ends and the winning buyer is sent an
E-Mail notification with the total price of the
item plus shipping and handling costs
13How does eBay work?
- The buyer pays for the item with PayPal, money
order, check or credit card (if the seller
accepts credit card). - The seller receives the payment in their PayPal
account. - The seller ships the item to the buyer.
- Once the buyer receives the item and it is to
their satisfaction the buyer leaves good feedback
to the seller. - The seller leaves good feedback to the buyer.
- The transaction is complete.
14eBay Terminology
- Auctions Item is open for buyers to place bids
on until the listing end time. - Buy it Now Item can be purchased immediately at
a fixed price. - Reserve Item will not sell below a certain
price set by the seller. - NR No Reserve.
- Best Offer Seller allows buyer ability to make
offers on fixed price items which the buyer can
then accept or deny.
15Types of Listings
- Auction
- Usually lasts several days
- Some have Buy it now
- Some have Reserves
- Fixed Price (Buy it Now)
- Usually lasts several days
- Some have make an offer
- eBay Store
- Usually last until purchased
- Some have make an offer
16Types of Payment
- PayPal
- The most widely used method
- Can be paid with either credit card or direct
deposit from checking - Money Order
- Most sellers accept money orders, however it
increases the time of a transaction - Personal Check
- Few sellers accept strait personal checks because
of the inherent risk of bounced checks - Cash
- Only used for direct pickup. NEVER mail cash!!!
- COD
- Almost no seller accepts this unless they are
directly delivering the item - Credit Card
- Usually only large vendors accept credit card
over the phone.
17Types of Shipping Calculation
- Fixed shipping
- Seller will ship an item at a fixed price,
regardless of destination or weight, using a
specified carrier - Calculate shipping
- Buyer can calculate shipping costs for multiple
carriers by entering their Zip Code (only works
in US) - Contact Seller
- Seller and buyer negotiate shipping charges and
methods
18Feedback System
- eBay employs a user driven feedback system as
part of quality control. - Every user has a feedback given to them by both
buyers and sellers for every successfully
completed transaction. - The more good feedback a seller has, the safer
they are to buy from (generally). - The more bad feedback a seller has, the more
unsatisfied customers the seller has had.
19eBay Live Demo