EBay Inc. is an American multinational corporation and e-commerce company, providing consumer-to-consumer and business-to-business sales services via the internet. EBay is an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and series worldwide. In addition to its auction-style sales, the website has since expanded to include ‘Buy-It-Now’ shopping.…
6. "Amazon Vs. EBay: A Shopper 's Perspective." Minyanville. N.p., n.d. Web. 19 Nov. 2012. <http://www.minyanville.com/sectors/consumer/articles/amazon-amzn-ebay-walmart-retail-retail/4/5/2012/id/40257>.…
Ebay is efficient, safe, and helpful. It is efficient in finding whatever you want to buy, and it is safe because it is a trusted company, and also helpful in case the customer did not receive the product. They have an option where you can get a full refund if you still did not receive the product.…
The e-commerce system chosen is the Overstock.com. Overstock.com is an online retailer offering a broad variety of high-quality, branded name goods at discount prices, including bedding, home decor, appliances, watches, jewellery, electronics, sporting goods, clothing and shoes. At the beginning, Overstock.com sold surplus and returned merchandise on an online E-commerce marketplace and liquidating the inventories of the failed dot-com companies at below-wholesale prices (Drummond, 2006). Recently, it has expanded to sell new merchandise and also offering manufacturers, distributors and other retailers an alternative sales channel for liquidating their inventory. In addition to its direct retail sales, Overstock.com has also offered online auctions on its website. The company’s major competitors are eBay and Amazon.com (Mann, 2005).…
E-commerce has several different categories which include business-to-consumer, business-to-business, and consumer-to-consumer. The business to consumer category is probably what most think of when considering e-commerce. This category is best described as when a retailer offers products and services to an individual consumer. The business to business category of e-commerce may not be as popular in the public eye, but is an integral part of how companies conduct business. Business to business e-commerce is basically when a business makes a business out of supporting other companies by selling them products they need to run their business. Consumer to consumer transactions are not a new idea, but the introduction of the e-commerce environment has drastically changed this category of e-commerce. It used to be that one could only sell unwanted or unneeded personal belongings to people in a relatively close geographical area. With e-commerce this is no longer the case. Sites like eBay allow people to sell items in their possession to the highest bidder without the constraint of geographical location. When consumer to consumer transactions are done this way it allows the person selling their product to get a much fairer price for the products they are offering.…
Having the most of the services that Amazon provides myself it is my go to place for every time I am trying to make a purchase. In my opinion, since Amazon has established a great amount of customers and being the one of the most organized and friendly online place where you can purchase practically anything, it will be hard for other competitors to achieve such results. Also the greatest benefit to some people is not paying taxes on the products that they purchase which is…
E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumers through the Internet. The biggest lures of e-commerce of consumers are the convenience of having round-the-clock access to the virtual store and the ability to engage in comparative shopping at minimal cost and effort. Through e0commerce, sellers can sharply reduce their cost of executing sales and procuring inputs, reformulate supply chains and logistics and redefine customer relationship management.…
A band saw is a tool that can have a variety of uses, but there are many people that are not particularly experienced with these devices. As a result, they may not be familiar with the components that are needed to make these saws work. In particular, the band saw tire is one part that many people seldom think about, but this component is essential for allowing the saw to cut. If you have recently purchased a band saw for the first time, these two questions and answers will likely allow you to better care for this tool.…
Online shopping is one of the greatest aspects of the internet today. By choosing to shop online you will be able to enjoy many benefits, some of which are self explanatory, others that are not so apparent. With this article, we will begin with the less apparent benefits of online shopping. Many people are unaware that they have the ability to save even more money by shopping at an online retailer. You see, just as actual department stores are always in competition with each other, so are online retailers. They all fight among each other in order…
Krishnamurthy, S. (2004) A Comparative Analysis of Ebay and Amazon. [online] Available at:http://faculty.washington.edu/sandeep/d/amazonEbay.pdf [Accessed: 07 Dec 2012].…
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.…
With our lives becoming busier and busier day by day, and the need to have everything ASAP, E-Commerce and online shopping came into existence, where we can order anything from anywhere at anytime in the world, pay, browse and get it delivered to our door without stepping a single foot outside our homes.…
Due to the low cost of online retailing, discount retailers such as Amazon, Wal-Mart and Target have been able to gain significant market share. Unlike Best Buy, Amazon does not have the overhead associated with “brick and mortar” stores, allowing them to significantly cut prices to challenge Best Buy in the consumer-electronics market. Best Buy has been called “Amazon’s showroom”, as consumers would often use Best Buy to sample products while ultimately buying them online.…
Network economies. When a product or service is used by everyone in the market, there are benefits to all users from having access to other users. Thus eBay, by providing such large network economies makes it very difficult for other online auction houses to compete.…
Online shopping or online retailing is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Alternative names are: e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store, and virtual store. An online shop evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. In the case where a business buys from another business, the process is called business-to-business (B2B) online shopping. The largest of these online retailing corporations are eBay and Amazon.com, both based in the United States. Retail success is no longer all about physical stores, this is evident because of the increase in retailers now offering online store interfaces for consumers. With the growth of online shopping, comes a wealth of new market footprint coverage opportunities for stores that can appropriately cater to offshore market demands and service requirements. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine.…