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History of Computing: EBay

History of Computing: EBay. Renee Wilmore CSC 125.002. Ebay : eCommerce is Mainstream. 1. A pioneer in the 1990’s dot com era Online buy and sell auction site amongst consumers Expanded to a way for average consumers to buy directly from vendors. 4. Humble Beginnings:. 2.

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History of Computing: EBay

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  1. History of Computing: EBay Renee Wilmore CSC 125.002

  2. Ebay : eCommerce is Mainstream 1 • A pioneer in the 1990’s dot com era • Online buy and sell auction site amongst consumers • Expanded to a way for average consumers to buy directly from vendors 4

  3. Humble Beginnings: 2 • The founder and creator Pierre Omidyar • Company started in 1995 under prior name, AuctionWeb • The company did not charge, initially, for use of the site

  4. How EBay Started: Because the internet provider was going up on rates, owner had to charge EBay created to handle the amount of checks coming in from profits of auction buy-sells The official name, EBay, was created in 1997

  5. The Expansion: 5 • Headquartered in San Jose, California • Mainstream businesses started selling their products on EBay • Expanded to 30 additional countries • Ebay Motors and additional subsidiaries

  6. Business Created Because of Ebay: • EBay has famously spawned PayPal • Event Ticketing site: StubHub • Classified Ad site: Craigslist • Skype • Amazon and other auction–based and ecommerce sites were inspired from Ebay 3

  7. EBay Success Story: The Average Person http://youtu.be/eTnf2cJUxLQ • Lanny and Deena Morton • Used EBay to sell sporting goods • Broke in 2002 • $4 Million in Projected Sales 2006 7

  8. EBay: Business Opportunity vs Traditional Traditional Business Start-Up EBay Business Start-Up $0 investment: Sweat Equity and Creativity Start with Computer and Internet Sell stuff you no longer want Global access: marketplace established Run a full business within hours Set-up is free • Must have Strong Financial Capital with Proof • Must Prove prior knowledge of running business or educational background • Great Credit to get loan for business • Hiring employees • Lots of Paperwork and Processes

  9. Ebay Success Story: High School Student • Nate Victor • Started at 16 • Started Selling on Ebay out of bedroom http://youtu.be/GTnl0YiRXwM 8

  10. EBay Business Partnerships: • Kitchen Aid • Kompolt • Sears • Dealaday.com • AEG • Patagonia • Target • Nautica • U.S. Department of Commerce • Buy.com • http://youtu.be/SsFPwbQi1SQ 9

  11. References: • http://www.ebay.com/ • http://en.wikipedia.org/wiki/EBay • http://www.paypal.com • https://www.paypalobjects.com/webstatic/mktg/merchant/pages/sell-on-ebay/image-ebay.png • http://blogsimages.forbes.com/briansolomon/files/2014/04/ebay2-e1398803884644.jpg • http://pages.ebay.com/globaltrading/buyer/index.html • http://youtu.be/eTnf2cJUxLQ • http://youtu.be/GTnl0YiRXwM • http://youtu.be/SsFPwbQi1SQ

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