eBay Summary

ebay history

I'm always looking for ways to improve my skills. This enables me to learn more, to broaden my experience and to discover which fields and jobs I like best, and puts me in an advantageous position. In my over 15 years of online business I have collected and written a wealth of information about home business, email marketing, Internet marketing, niche marketing, relationship marketing, self improvement, etc… to name few.

As you may know most people around the world are looking for ways and ideas on how to start their own Internet home based business. So I want my over 15 years of online business experience guide you on what you need to consider to ensure your new small business thrive online.

I love helping people succeed. I like sharing information with others that would empower them and make a difference to peoples lives.

Back in 2000, one of my first ideas was to create an ebay store (the store does no longer exist due to hard events). I have made good money selling information products. eBay is a great place to start, and to run a business. But what's even better, is that your potentials are unlimited.

I updated all the information that I have. And now, I want to put them on my blog so all my readers can benefit from. Hence, stay around…

For me, I like to start from the beginning of the process, and move forward in a subject. So let’s start from the beginning, which is…

eBay History

EBay was created in September 1995, by a computer programmer called Pierre Omidyar, who was living in San Jose. He wanted his site - then called “AuctionWeb” to be an online marketplace. He wrote the first code for his site in one weekend. It was hosted on a site Omidyar had created for information on the ebola virus. It was one of the first websites of its kind in the world. The name “eBay” comes from his company's name “Echo Bay”. The first thing ever sold on the site was Omidyar's broken laser pointer, which he got $14 for.

The site quickly became massively popular, as sellers came to list all sorts of odd things and buyers actually bought them. Relying on trust seemed to work remarkably well, and meant that the site could almost be left alone to run itself. The service was free at first, but started charging in order to cover Internet service provider costs. The fees quickly added up to more than his current salary, and so he decided to quit his job and work on the site full-time. It was at this point, in 1996, that he added the feedback facilities, to let buyers and sellers rate each other and make buying and selling safer.

In 1997, Omidyar changed AuctionWeb's - and his company's - name to 'eBay', which is what people had been calling the site for a long time. He began to spend a lot of money on advertising, and had the eBay logo designed. It was in this year that the one-millionth item was sold (it was a toy version of Big Bird from Sesame Street).

Then, in 1998 - the peak of the dotcom boom - eBay became big business, and the investment in Internet businesses at the time allowed it to bring in senior managers and business strategists, who took in public on the stock market. It started to encourage people to sell more than just collectibles, and quickly became a massive site where you could sell anything, large or small. Unlike other sites, though, eBay survived the end of the boom, and is still going strong today.

1999 saw eBay go worldwide, launching sites in the UK, Australia and Germany. eBay bought half.com, an Amazon-like online retailer, in the year 2000 - the same year it introduced Buy it Now - and bought PayPal, an online payment service, in 2002.
This is a few info from the history of what you should know about the history of eBay. For more information go to wikipedia.org

Do you want to free yourself of eBay dependency?
The "Big 3" will do it --> #1) Own #2) Diversify #3) Build equity.
Now auction sellers can build REAL businesses that YOU own.


  1. Anonymous9/16/2013

    I simply could not go away your web site prior to suggesting that I extremely loved the usual information an individual provide to your visitors?
    Is gonna be back regularly to inspect new posts

    My site: http://www.labview.ru/wiki/index.php/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:LucindaIsaac

  2. Anonymous9/23/2013

    Pretty! This was an incredibly wonderful article. Thanks for providing these details.

    Here is my page: Get The Job Done From Property Computer System Company


Related Posts Plugin for WordPress, Blogger...