eBay’s success is attributed to its unique business plan in allowing individuals or businesses to list new or used items for auctions for a very low fee
eBay’s success is attributed to its unique business plan in allowing individuals or businesses to list new or used items for auctions for a very low fee. eBay is developing year by year and discovering new ways to cope with the changes in the environment and to satisfy its customers. It also succeeded in executing on new opportunities more effectively, and optimize revenues more rigorously. The simplicity of using the websites attracted a large number of users. As well as the wide range of the provided products which are categorized into groups to ease the process of searching and purchasing. The search engine suggests other products and users can filter them based on location, prices, conditions and so on.
eBay’s customer service is great due to its work in providing the customers with the ability to provide their opinions and feedbacks which created ongoing relationships with them. What is more, eBay keeps written or reliable electronic records of inventory, money spent on items for resale, and more. This makes eBay control its transactions and modify its business plan.