The internet has not just made our day to day lives way easier, but have also compact the WORLD of MARKET for the potential buyers and sellers. The satisfied customers of eBay has a firm believe that they can buy or sell almost every particular thing on eBay which is very much true. EBay provides total freedom for people to get rid of their extra stuff not needed by them and instead, get a good price on the other hand.
But there are many challenges which of course eBay do faces. A particular challenge which eBay surely faces is by allowing what things or items that can be sold following the laws of the country. Though, clear guidelines regarding what things are not allowed to sell, such as lottery tickets, or the human parts, yet few individuals consistently try to sell making it a great deal of challenge for eBay to overcome.
Another common challenge which eBay faces is the individuals involved in frauds or scamming other individuals. Such an act discourages other individuals for an online buying and selling activity. However, another challenge which eBay faces is of the possibility of website creation. Such related challenge may involve risks related to hacking website which will enable the hacker to sell whatever wanted by them or can seriously ruin other ongoing potential actions. A very prominent challenge or can be considered as a threat is to maintain its Monopoly, since there are a lot more websites that are also very promising plus offering identical products or the auction styles related to selling. There are a lot more challenges that are faced by eBay nowadays. Another prominent challenge that eBay is currently facing is the selling through mobile devices. This allows the customers to buy or sell anything, anytime using a Smartphone or tablet. Luckily any particular product you purchase can now be easily sent via parcel to Norway and cheap international shipping.
EBay nowadays is also facing allegations which state that it is actually monopolizing the online payments via PayPal, which eBay owned for a long time (October 2002). PayPal is basically an e commerce business globally, which permits payments or the money transfers by means of internet. There are a lot more satisfied customers of PayPal, which has made shipments way quicker than money orders etc.
eBay does not believe in the concept of sales tax collection as it believed to hurt the small level merchants. It has further proposed that the retailers that make less than $5 million must be exempted from the sales tax.
eBay has a lot more challenges which it is facing. However the constant cases related to hacking or the fraud transactions are a serious challenge which it needs to control and overcome.
