10 August 2009

Ebay & General Motors

Are you looking to buy a vehicle? Then look no further than eBay. General Motors will begin selling cars tomorrow on the popular online auction site. This will be the real deal. The only catch is: you have to live in California. That sucks! According to Business Journal, “consumers will be able to browse showrooms, ask questions, negotiate prices and purchase new 2008-2010 vehicles”. Recently out of bankruptcy, GM is taking advantage of the market niche. A report titled, “Consumer Behavior Online: A 2009 Deep Dive” released by Forrester indicates that on average, consumers spend at least 12 hours a week online. This indicates that more people are less skeptical to goods online. For example, last month, instead of going into Best Buy or Circuit City to buy another laptop power surge for a hundred bucks, I went to the popular Froogle.com, and saved myself roughly $80. I ordered the surge online on Wednesday and it arrived by Friday. The power of the net!

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