eBay is one of the world's largest online marketplaces, and allows users to buy and sell in nearly every country on earth; PayPal enables individuals and businesses to securely, easily and quickly send and receive digital payments; and eBay Enterprise enables omni-channel commerce, multichannel retailing and digital marketing for global enterprises in the U.S. and internationally.…
I believe that the market outcome of online e-commerce sites such as eBay only matters to the sellers and buyers as each is looking out for their best interest. Buyers want the best price, and also the most options for a product and sellers want to maximize their profits.…
Due to the shift of focus for Amazon, it has become the "Earth's biggest anything store". Its competitors have expanded from just online book retailers Barnes and Nobles and Borders to top audio retailers CDNOW.com and online auction house e-bay.com. Amazon has an overall lead of 40% market share against the other online retail firms. Their international business has more than doubled over the past 2 years…
.be-first-or-nothing. strategy in other markets, for various reasons, it would be impossible to implement this strategy when penetrating Chinese market. So acquiring an already comparatively recognizable and well established brand seemed to be the best way to continue eBay’s expansion in Asia. Without a doubt, Each Net was the best candidate for acquisition at the time. When eBay acquired 33% shares of Each Net in 2002, it seemed to be hugely successful, because in year 2003 the value of Each Net had doubled and market share had rocketed to 85% - this initial success encouraged full acquisition of Each Net. As we know, the success did not turn out to be long-lasting, despite the fact that in first few years the performance of the company was brilliant. While acquisition of Each Net meant many advantages for eBay, it also implied serious disadvantages.…
Millions of buyers and sellers have made eBay Inc. the world's largest and most popular Internet site for individuals and businesses to exchange goods. By 1999 eBay had 5.6 million registered users and listed over 3.1 million items for sale; by 2004 there were an estimated 65 million registered users from 150 countries, 971 million items for sale, and gross merchandise sales hit $15billion. eBay owns local sites in 19 countries, has stakes in another eight foreign nations, and provides users with its own online pay service, PayPal Inc. As eBay's revenues continue to grow, the sky seems the limit despite competition from Yahoo!, Amazon.com, and an ever increasing number of imitators.…
The degree of rivalry among established companies within eBay抯 industry is very high. This high degree of rivalry is very common in discount retail industry due to the high concentration on being the price leader. EBay抯 competition is very broad and varies with each of its different products. eBay competes closely with many well know broad-based companies such as traditional department and general merchandise stores, as well as a large variety of online retailers. Due to this complex competitive industry, eBay must concentrate on many competitive factors such as: ability to attract buyers, volume of transactions and selection of goods, customer service, system reliability, brand recognition, and many others to keep their edge.…
This table shows us to consider the whole things rather than just part of the factors. We can see that eBay has exhibit internal strengths but not too much. They can still work on some parts they are not good at but important. For example, improve new technology for enhancing trust and safety and decrease fraud and potential risk. In addition, they should work on something they did not do well, such as considering the importance of free service.…
What are the business benefits to Amazon and eBay of opening up some of their database to developers and entrepreneurs? Do you agree with this strategy? Why or why not?…
Although Amazon’s business model functions more as a one-stop e-shopping site, it is still capable of adopting a hybrid model that could threaten eBay’s market share. Craigslist is also another potential threat but eBay has a partial stake in this company.…
in 1995. Over the next 11 years it would acquire 24 companies making it a very successful company. In the late 1990’s eBay began to explore opportunities in the international market. It’s website was gaining popularity in Canada, the UK, and Germany. As its popularity increased it began to set up websites in several European Countries including Korea and Australia. It soon began to venture out in South America as well. By 2005, eBay was in 29 countries throughout the world and it had sales in the amount of $4.5 billion. The international market was very important to the future growth of eBay.…
Organizations normally reformulate their marketing strategy several times during a product’s life cycle. Economic conditions change, competitors launch new assaults and the product passes through new stages of buyer interest and requirements (Kotler, 2001, p. 484). Consequently a company must plan strategies that address any changes in the market. ebay Inc. is the world’s largest and most popular person-to-person trading community on the internet (Bradley, 2001, p. 1). From its inception eBay was unchallenged however with amazon.com’s (Amazon) entrance into the online person-to-person auction arena and other competition from Yahoo! Auctions, Auction Universe, and OnSale, eBay was faced with the issue of how to separate themselves from competitors and maintain market leadership in an increasingly crowded marketplace.…
The company exploits the benefits of Customer Relationship Management (CRM). Buyers and sellers register with the company and data is collected by eBay on individuals. This is the Business-to- Consumer (B2C) side of the business. However the strong customer relationships are founded on a Consumer-to-Consumer (C2C) business model, where strong interrelationships occurs, for example where buyers and sellers leave feedback for each other, and whereby awards are given to the most genuine of users of the service. A testament to the strength of the company can be gleaned from the fact that the term 'eBay' has become a generic term for online auctions. Today it is common to hear that someone is 'ebaying' or is an 'eBayer,' or that someone is going 'to eBay.…
* eBay must master online payments. Trust issues could be overcome if eBay partners with locals banks, insurance firms, and even competitors to establish best practices * Stay as how they…
PayPal is an online payments service that has been made and owned by eBay until the summer of 2013. PayPal is a highly profitable online payments service, mainly because it is not used only by eBay, but by many other online services that may require online payments. However, in the recent years the actual growth in eBay due to eBay’s online marketplace has been minimal in the company’s overall growth compared to the growth due to PayPal. PayPal’s services and overall idea have proved much more attractive than eBay’s online marketplace, which to some extent is even antiquated, thus it is highly probable that eBay’s lack of substantial growth is hindering the potential financial growth of PayPal. Adding this all up, eBay’s CEO John Donahoe decided that it would be wisest if PayPal separated from eBay into a separately owned company with a new CEO, expecting that PayPal would have much more financial growth and potential if they had more financial opportunity.…
Even though Amazon.com has received most of the hype and publicity surrounding ecommerce, eBay has quietly built an innovative business truly suited to the Internet. Initially, Amazon sought to merely replicate a catalog business model online. Its technology may have been innovative- but its business model was not. On the other hand, eBay recognized the unique nature of the Internet and enabled both buying and selling online with spectacular results. Its auction format was a winner. eBay also clearly demonstrated that profits do not have to come in the way of growth. Amazon was initially focused on BN.com as a competitor. Over time, Amazon came to recognize eBay as the competitor. Its initial foray into auctions was a spectacular failure. Now, Amazon is trying to compete with eBay by facilitating selling and strengthening its affiliates program.…