Nicolae Sfetcu

A recession is a contraction phase of the business cycle, or "a period of reduced economic activity." The U.S. based National Bureau of Economic Research (NBER) defines a recession more broadly as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." A sustained recession may become a depression.

A dating agency is a business which acts as a service for matchmaking. A dating agency can be a "real" business where men and women come in person and ask a matchmaker to help them find a potential partner. It could also be an internet dating agency - a website where people register, post their profiles and contact other members of the agency.

Domaining is the business of buying, selling, developing and monetizing Internet domain names. Such domain name portfolios often include cleverly chosen and highly marketable generic domain names, or domains whose registrations had lapsed yet still retain reasonable traffic. There is sometimes no actual intent to use any of the domain names with the exception of generating advertising revenue through domain parking. Domain names are the addresses of the web and come in a wide variety of extensions (.com being the most popular).

Profit and transactions

A screenshot of eBay's front page.

eBay generates revenue from a number of fees. There are fees to list a product and fees when the product sells. The eBay fee system is quite complex and takes $0.20 to $80 per listing and 3-5% of the final price. In addition, eBay now owns the PayPal payment system which has fees of its own.

Web Design & Development Guide

Domaining is the business of buying, selling, developing and monetizing Internet domain names. Such domain name portfolios often include cleverly chosen and highly marketable generic domain names, or domains whose registrations had lapsed yet still retain reasonable traffic. There is sometimes no actual intent to use any of the domain names with the exception of generating advertising revenue through domain parking.