eBay and PayPal
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This paper looks at what makes both businesses eBay and PayPal such successes. It examines the entire concept of e-business and explains why the merger of these two e-commerce giants will be beneficial to all involved.
From the Paper:"Growth in business comes from the joining of synergy to produce savings and necessarily growth, which lead to better profits. EBay is one of the greatest creations of the internet in buying and selling, and it seems to be a continuously growing operation. The approach to the potential user is extremely friendly; the site gives good quality products which builds up the faith of the customers about the site, and there is regularly an interaction between the buyers and the sellers which also helps to a large extent in advertising the site. The user pays only a small fee for listing the product to be sold on the site and then a fee to be paid on completion of sales. It is possible to sell practically anything and everything on the site, from things like old cars to tickets for baseball games. The prices that can be realized depend on the consumer demand for the product. The objective of the site is to meet the miscellaneous requirements of the consumers and this is reflected in the fact that there are over 100 million items listed on the site at any given time. On the other side, pay Pal is a funding organization for the sales and purchase on the net through EBay. It was not a part of EBay, and the financial transactions could be done anywhere after the sales and purchase was completed at EBay. Now it is expected that both will be completed at EBay through the tie up with Pay Pal. EBay and Pay Pal have always been complementary operations, and the merger can only help both sites to grow."
Cite this Research Paper:
eBay and PayPal (2004, March 25) Retrieved July 10, 2020, from https://www.academon.com/research-paper/ebay-and-paypal-50014/
"eBay and PayPal" 25 March 2004. Web. 10 July. 2020. <https://www.academon.com/research-paper/ebay-and-paypal-50014/>