Founded in September 1995, eBay (Nasdaq: EBAY) is a global online marketplace where practically anyone can trade practically anything. eBay is a platform for the sale of goods and services by a diverse community of individuals and businesses. Today, the eBay community includes more than 222 million registered members from all around the world.
At any given time, there are approximately 100 million listings on eBay worldwide, and approximately 6.6 million listings are added per day. eBay users trade in more than 50,000 categories including collectibles, antiques, sports memorabilia, computers, IT and office, art, antiques, toys, dolls, stamps, comics, magazines, music, pottery, glass, photography, electronics, jewellery and gemstones.
eBay India (formerly Baazee.com) was launched in India in 2000 & has become one of India’s leading online shopping destinations. eBay India has a community of over 2 million registered users across over 670 towns in India. Approximately 12,800 sellers use eBay India as a primary or secondary source of income. (Source: A C Nielsen International Research, June 2006)
Although eBay is a global company, eBay.in offers a trading platform tailored to the unique needs of Indians. The eBay community consists of both passionate Indians as well as International buyers and sellers trading in a variety of goods.
eBay India Backgrounder
Introduction
eBay India (formerly Baazee.com) is India’s leading online marketplace. It is a unique and exciting marketplace with the largest person-to-person trading community in the country that offers the best consumer experience in an environment driven by high performance, constant innovation, teamwork and entrepreneurial opportunity.
eBay India, India’s leading online marketplace, is a 100% subsidiary of eBay, The World’s Online Marketplace. eBay India (formerly Baazee.com) was launched in India in 2000 & it has become one of India’s leading online shopping destinations. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading.
About eBay
Founded in September 1995, eBay (Nasdaq: EBAY) is The World’s Online Marketplace for the sale of goods and services by a diverse community of individuals and businesses. Today, the eBay community includes more than 88 million active users worldwide and a global presence in 39 markets, including the U.S. eBay provides an international platform where practically anyone can trade practically anything.
eBay India Community
eBay India has an over 3 million strong community from across 2,471 cities in India across 28 states and 6 union territories. Users from cities as diverse as Agartala to Tirupur buy and sell on the site. Approximately 12,800 sellers use eBay India as a primary or secondary source of income. (Source: A C Nielsen International Research, June 2006)
Categories@eBay India
Thousands of sellers sell on eBay India daily across 2000 categories of products over a wide range of products including Lifestyle, Media, Collectibles & Technology. At any given time, there are over 300,000 live listings on eBay India.
Entrepreneurial Opportunities
eBay India provides great entrepreneurship opportunities through its unique business model thereby making it possible for local products to be sold across the country & across the globe. Through an excellent internet trading infrastructure, it has created the largest online bazaar that is free of middlemen and unconstrained by geographical boundaries thereby enabling frictionless interaction between buyers and sellers.
Vibrant Marketplace
eBay India offers three formats to buy or sell your product or service- auction, fixed-price and classifieds (for cars and bikes and real estate and services).
On an average day on eBay India:
* A piece of jewellery sells every 4 minutes
* A mobile handset sells every 10 minutes
* A piece of apparel sells every 10 minutes
* A coin or note sells every 11 minutes
* A storage device or drive sells every 15 minutes
* A stamp sells every 15 minutes
* A book or magazine sells every 30 minutes
* A video game sells every 32 minutes
* A health or beauty product sells every 36 minutes
* A piece of home dcor sells every 38 minutes
* A MP3 player sells every 42 minutes
* A watch sells every 45 minutes
* A home appliance sells every 45 minutes
* A toy sells every 56 minutes
* A digital camera sells every 60 minute
* A fitness & sport item sells every 75 minutes
* A movie sells every 77 minutes
* A car accessory sells every 78 minutes
Paisapay
PaisaPay is a secure online payment gateway on eBay India. It lets buyers make payments online and the seller receives the same in his bank account, in a secure, convenient and cost-effective manner. PaisaPay supports Credit Card payments and Online Bank Transfers. With PaisaPay, buyers can make instant payment for their online purchases. Sellers can accept online payments from anyone with a Credit Card or an online bank account.
Buyers prefer PaisaPay as it offers unique protection for purchases. When a buyer pays with PaisaPay, he gets:
* 100% automatic money back, if the seller does not ship the product within allowed timelines
* 100% money back by filing a refund claim, if the seller does not deliver the product within the allowed timelines
Technology Fast Facts
eBay Global
- Founded in September 1995, eBay is The World’s Online Marketplace Ò where practically anyone can trade practically anything.
- In Q2 2009, eBay reported having:
- 88 million active users worldwide
- More than 50,000 categories
- A global presence in 39 international markets, including the United States
- eBay users worldwide trade more than $1,431 worth of goods on the site every second.
- The highest-priced item ever sold on eBay is a $4.9 million corporate jet.
- eBay India (formerly Baazee.com), India ‘s leading online marketplace is a 100% subsidiary of eBay Inc.
- On eBay India ,
- 3 million registered users from 2,471 cities buy and sell a variety of products
- More than 2,000 product categories
- Over 300,000 listings live at any given time
- Approximately 12,800 sellers use eBay India as a primary or secondary source of income. (Source: ACNielsen International Research, June 2006)
- The technology category on eBay India includes a wide range of gadgets & gizmos including Gaming Consoles, Digital Cameras, MP3 players, Hard Discs, Mobile Handsets, Laptops, PDAs etc.
- The technology category is extremely popular amongst the youth and one of the most transacted category on eBay India .
- On any given day, there are over 50,000 live listings in the computers, mobiles, camera and consumer electronics categories.
- ‘Computer’ , “ iPhone” and ‘iPod’ are the most searched tech items on eBay India .
- A mobile handset sells every 10 minutes
- A storage device or drives sells every 15 minutes
- A MP3 player sells every 42 minutes
- A digital camera sells every 60 minutes
for more details
