Saturday, April 4, 2009

Ebay

Dating all the way back to 1995 an early version of ebay surfaced called auctionweb.com. Created by Pierre Omidyar, auctionweb.com's first sale was a broken laser pointer for $14.83. When Omidyar contacted the buyer about his purchase, the man simply responded, "i collect broken laser pointers." Omidyar knew he was catching on to something, so he he secured his buisness by handing the company over to ebays highly qualified first president Jefferey Skoll. Both Skoll and Omidyar became instant millionaires when ebay went public in 1997. Since then Ebay has exploded to top 5 most viewed websites, and has become one of the largest online marketplaces in the world. Ebay is considered the search engine of shopping, because almost anything can be found and purchased on this website. It is apparently true that one man's junk, is another man's treasure. Some of Ebay's most outrageous sales include..
  • Half eaten grilled cheese sandwhich with imprint of Virgin Mary
  • A brussel Sprout that was cooked and frozen on Christmas
  • A cheeto shaped like Abe Lincoln
  • Brittany Spears hair from when she shaved it
  • Human Body parts such as kidneys
  • Ian Usher sold his entire life (house and all of his belongings, his job, introduction to all of his friends etc.) he was disappointed when his "life" sold for $384,000
  • Heres a video of 10 more odd auctions

Today there are 212 million buyers and sellers, and sales have surpassed $11 billion by the end of 2006. Ebay has rewritten the ways of online transactions, giving the power to the common folk. In essence, ebay has become the worlds garage sale, and no matter what someone posts, there will always be someone to buy.

Some other random facts

  • A piece of jewlery sells every 6 minutes
  • Apparel sells every 12 minutes
  • MP3 player sells ever 37 minutes
  • Most expensive sale ever was $4.9 million
  • Approximately 7.1 million new listings are added daily

5 comments:

  1. Yes, eBay definitely proves that one man's trash is another man's treasure. Some of the weird sells you listed are interesting! I personally don't know why some people would buy that stuff, but whatever I guess! And I don't even want to know about the human body parts being sold! And that video you shared was outrageous! Even towns are being sold! I never knew the diversity found on eBay. I should check it out more often.

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  2. Ebay is awsome. It is insane what some people sell, and buy. Very true ones man trash is another mans treaure. Even if it is a sick man who wants a piece of Brittany Spears hair.

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  3. As people will say Ebay is one of the coolest things ever invented. I have to agree with you Beebo that on Ebay when you can get whatever you want. It is kinda crazy just exactly what these people will buy off the internet.

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  4. I know a few people who make a living by buying old clothes and fixing them up to sell on E-Bay. My Mom also spends a lot of time on E-Bay both buying and selling. It's also nice that you can tell whether a buyer or seller is a reliable person based on the feedback given by others who have bought/sold to them. Some sellers have poor ratings and can't be trusted. It's good that people have to behave or their business will suffer.

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  5. It's pretty interesting to see some of the facts about how often objects sell on ebay like the mp3 goes every 37 minutes. I would have to think that someone could make a pretty decent buck on selling many of their objects around the house online. There is always someone out there to buy whatever your willing to sell.

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