eBay India Continues to Grow
The Indian subsidiary of eBay Inc, the world’s largest online marketplace hosted an eBay Academy to help spread awareness among potential eBay sellers and traders in Calcutta.
Samarjeet Singh is the head of eBay Academy in India and is reported as saying, “Since March 2004, we have organised around 18 such seminars which have been attended by at least 14,000 people.”
Existing eBay sellers and shops in India seem to feel that the mental block of Indian shoppers regarding online transactions is slowly improving, due perhaps largely to PayPal offering higher levels of security for buyers and sellers alike.
No doubt, as the online auction and sales market develops in India, there will be an expansion of low-cost items being offered to eBay buyers across the globe and eBay is certainly putting enhanced technical processes in place to help facilitate this.
There is some concern from sellers in western countries about increasing competition from overseas. But we live in a global trading community and eBay is certainly in the vanguard of organisations helping to effect this massive change in access to markets on a world-wide basis.
