Wednesday 15 February 2017

EBAY INDIA SALES CROSSES 3 TIMES OF PREVIOUS YEAR



Ebay India Sale

Ebay India have launched a special category  as Deal of the day.
You can save upto 70% on specific deals from Ebay and get more n more advantages. you can choose between the SPOTLIGHT deals of the day and the TRENDING deals of the day. The Categories listed in these vary from mobile phones to vacuum cleaners and others.

Reportedly, #eBay was simply a side hobby for Omidyar until his Internet service provider informed him he would need to upgrade to a business account due to the high volume of traffic to his website. The resulting price increase (from $30/month to $250) forced him to start charging those who used #eBay, and was not met with any animosity. It resulted in the hiring of Chris Agarpao as #eBay’s first employee to handle the number of checks coming in for fees

ebay Policies

There is free shipping at any time of the day and that too every day.eBay uses a system that allows different departments in the company to check out data from their data mart into sandboxes for analysis. According to Goul, #eBay  has already experienced significant business successes through its data analytics. To continue improving the business through data-driven decision making, eBay employs 5,000 data analysts.

The AuctionWeb was founded in California on September 3, 1995 by French-born Iranian-American computer programmer Pierre Omidyar (born June 21, 1967) as part of a larger personal site. One of the first items sold on AuctionWeb was a broken laser pointer for $14.83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser pointer was broken. In his responding email, the buyer explained: “I’m a collector of broken laser pointers.” The frequently repeated story that #eBay was founded to help Omidyar’s fiancée trade Pez candy dispensers was fabricated by a public relations manager, Mary Lou Song, in 1997 to interest the media, which were not interested in the company’s previous explanation about wanting to create a “perfect market”. This was revealed in Adam Cohen’s book, The Perfect Store (2002), and confirmed by eBay.

Holiday Period Offer

eBay reported a 3.1% rise in quarterly revenue for the holiday period, offering a bright spot for investors as the company’s revamped online marketplace attracted more buyers and helped sell more products.
#Ebay has been revamping its platform to help it compete better with bigger e-commerce rival Amazon.com as well as traditional retailers.
This appears to be the secret of success for the increase in turnover of ebay all over the world.
eBay , which spun off its main growth engine PayPal in 2015, has revamped its platform to offer a bigger selection of products and brands.
The company now also requires sellers to give more details on items to attract younger shoppers and has been cutting listing costs.
The company said its gross merchandise volume, or the total value of all goods sold on its sites, rose 2.2% to $22.34 billion in the quarter.
The company’s net income rose to $5.94 billion, or $5.30 per share, in the fourth quarter ended Dec. 31, from $477 million, or 39 cents per share, a year earlier.
The boost in net income was driven by a non-cash $4.6 billion income tax benefit related to a legal structure realignment, mostly impacting its international entities.

Excluding one-time items, #eBay earned 54 cents per share, in-line with estimates.

What they do

eBay is where the world goes to shop, sell, and give.
Whether you are buying new or used, plain or luxurious, commonplace or rare, trendy or one-of-a-kind – if it exists in the world, it probably is for sale on #eBay. Our mission is to be the world’s favorite destination for discovering great value and unique selection.
they give sellers the platform, solutions, and support they need to grow their businesses and thrive. they measure our success by our customers’ success.
As eBay is a huge, publicly visible market, it has attracted a great deal of interest from economists, who have used it to analyze many aspects of buying and selling behavior, auction formats, etc., and compare these with previous theoretical and empirical findings.
Just as economists have shown interest in eBay‘s operations, computer information systems researchers have also shown interest in eBay. Recently Michael Goul, Chairman of the Computer Information Systems department of the W. P. Carey School of Business at Arizona State University, published an academic case based on eBay’s big data management and use. In the case, Goul discusses how eBay is a data-driven company that processes 50 petabytes of data a day.

How they work

At #eBay, their purpose links to something bigger than ourselves.
they employ extraordinary people who do meaningful work that has a tangible impact on the lives of individuals all over the world. And they aspire to make extraordinary things possible for each other, for our customers, and for you. they’ve been doing this for over 20 years. And they’re just as passionate about it today as when they founded the company in 1995.

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