Ebay Term Paper Example | Topics and Well Written Essays - 750 words

Ebay - Term Paper Example This enables them to maintain the reputation and goodwill of the customers which in turn increases the number of companies that sell their products through them. Although, online shopping and payment transaction is a tedious process, the company takes measures to ensure that the customer is satisfied with their service. The purpose of this project is to learn the online shopping process. There are various steps that have to be carried out before listing an item in the site and they must be followed on a predefined basis. The concept of research enables the customers and companies to buy and advertise their products on this website. Search option is of great advantage to the buyers since they can search the products they require. To accomplish this, Ebay website provides the customers with an option that filters the search keywords so that the customers can narrow down on their requirement easily instead of searching on the entire list of products. Another option is advanced search in which the users can provide the basic details about the product. This option is popular among the users since it eases the process of identifying required products. Pricing of a product is one of the main features that determine how well a product reaches the customers. Ebay provides the users with an auction option using which the goods can be purchased at a better rate. This auction is performed with the products that have more demands so that the buyer and seller can get mutually benefitted. Though it has certain disadvantages, this is popular among the users. Auctioning is one among the effective options of selling a product. The other formats include fixed price options that enable the users to purchase a product easily with the rate that is directly mentioned and it ensures that product is also sold. Before including any item in the website, effective merchandising must be implemented. This will reduce the