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Ebiz. Chapter 3, Closing case 2 Heather Opoien IS 340 Spring 2010. What is Ebiz ?. Ebiz (Aka Ebusiness ) is the conducting of business on the Internet. Consists of: Buying Selling Serving customers Collaborating with business partners. The Million Dollar Homepage. Alex Tew
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Ebiz Chapter 3, Closing case 2 Heather Opoien IS 340 Spring 2010
What is Ebiz? • Ebiz (Aka Ebusiness) is the conducting of business on the Internet. • Consists of: • Buying • Selling • Serving customers • Collaborating with business partners.
The Million Dollar Homepage • Alex Tew • Created website to raise money for his University education.
The Million Dollar Homepage • Raise Money • 1000 by 1000 pixel grid • Image based links • $1 per pixel • Minimum of 10 by 10 block • Design Image/ URL and a slogan http://www.milliondollarhomepage.com/
Aim of the Site • The site was created in order to sell all the pixels in the image. • It was made to generate $1 million income. • January 1, 2006 final 1000 pixels were put up for auction on eBay. • Closed on January 11 to winning bid of $38,100 • Final Tally of $1,037,100 in gross income
One Red Paper Clip • Created by Kyle MacDonald • Canadian Blogger • Extremely good at Bartering • He used the website to blog about is bartering and travels. http://www.oneredpaperclip.com/
List of Transactions • One red paper clip • Fish shaped pen • Hand sculpted doorknob • Coleman camp stove • Honda generator • Keg and Budweiser sign • Ski-doo snowmobile • Two person trip to British Columbia • Cube van • Recording contract with Metal Works • Years rent in Phoenix • Afternoon with Alice Cooper • KISS motorized snow globe • Role in film Donna on Demand • Farmhouse in Kipling, Saskatchewan
Question One • How much money did the Million Dollar Homepage end with? • A. $1,000,000 • B. $38,100 • C. $0.00 • D. $1,037,100
Question Two • What was the item in Kyle MacDonalds final trade in order to get his house? • A. KISS motorized snow globe • B. A film role in Donna on Demand • C. A Keg and Budweiser sign • D. A red paper clip
Discussion Question • Is A Million Dollar Homepage something you would invest your money into in order to receive a small image on the website?