failures seem to be more frequent than successes. In this study‚ we attempt to find some answers as to why e-commerce market is especially tough for foreign firms by using a comparative case study in which the epic battle of two giants in Chinese C2C market during 2004-2006 is analyzed. We argue that other things being equal‚ the local firms have an embedded competitive advantage if the management can transform a better understanding of the national culture into an organizational culture of innovativeness
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Electronic payments reduce the inefficiency associated with writing and mailing checks. It also does away with many of the safety issues that arise due to payment made in currency notes. Online Auctions When you think online auction‚ you think eBay. Physical auctions predate online auctions‚ but the Internet made auctions accessible to a large number of buyers and sellers. Online auctions are an efficient mechanism for price discovery. Many buyers find the auction shopping mechanism much interesting
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OF CONSUMER TO CONSUMER (C2C):- C2C e-commerce differs from a business-to-business model or a business-to-consumer model because consumers interact directly with each other. However‚ a business does operate the online platform on which C2C transactions take place. Buyers can shop for free‚ but sellers sometimes have to pay a fee to list their products. Consumers often play an active role in monitoring e-commerce sites for scams and other inappropriate content. The C2C model entails lower costs
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detrimental to their ability to spread to many countries around the world‚ like Germany and South Korea (Schaefer‚ 2009‚ p. 68). But Wal-Mart is not the only business that has taken this approach‚ eBay took the same approach when they entered the Chinese market and met with the same results. In 2004‚ eBay entered the Chinese marketplace with the intent of dominating internet auctions. They began an aggressive campaign designed to dominate the market place. They signed exclusive advertising right
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1. eBay is one of the only major Internet “pure plays” to consistently make a profit from its inception. What is eBay’s e-business model and why has it been so successful? e-bay so successful cause it offers all you need with lower prices than any other place‚ and some times used items are new no one really used but bough with mistake usually we through them out but e-bay used this in information technology way‚ e-bay used the technology of website and online payment and offer you the way to how
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SUCCESSFUL E-BUSINESS SYSTEMS - PAYPAL Archil Avaliani International University in Germany Supervisor: Prof. Keiichi Nakata ABSTRACT PayPal is an account-based system that allows anyone with an email address to send and receive online payments. This service is easy to use for customers. Members can instantaneously send money to anyone. Recipients are informed by email that they have received a payment. PayPal is also available to people in 38 countries. This paper starts with introduction
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forces‚ have a broad general impact on the organization. Although these forces do not always have a direct influence on the organization’s daily activities‚ they are important. Today eBay users can bid anything from office equipment’s to real estate to cars. It is surprisingly true but perplexing that “Why has eBay prevailed‚ but others have failed?” Though many of its successes resulted from its adaptive approach‚ eBay’s accomplishments can also be explained by the company’s consistent focus on
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of some problems. There are a great number of successful companies with different models‚ including: B2B‚ B2C‚ C2C and C2B. The following three styles will be possibly more popular in the future as it is closer to the customers. A. Professional companies or website to supply a platform to buyers and sellers‚ no direct participation in buying and selling: One good example is eBay Inc.‚ the biggest on-line auction and shipping
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Distribution and Channel Management B2B‚ B2C‚ C2C configuration and distribution examples Business-to-business (B2B) basically describes commerce transactions and interactions between different businesses‚ for example‚ between a wholesaler and a manufacturer‚ or a retailer and a wholesaler and is generally the selling process of goods and services between businesses. B2B transactions usually involve large sumы of money‚ and normally take more time to be conducted than‚ for example‚ business-to-consumers
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appeared on the scene in the mid 1990s‚ and quickly became one of the most successful applications of electronic commerce. EBay‚ the premier consumer-to-consumer (C2C) Internet auction site‚ is generally held up as an exemplar for the industry. However‚ it is widely predicted that the potential transaction volume in business-to-business (B2B) auctions will be much greater than in the C2C channel (Keenan‚ 2000; Rosenthal‚ 2002). In the B2B marketplace‚ auctions were initially pressed into service as tools
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