Pierre Omidyar founded EBay on September 3‚ 1995 after many years of successful business in the United States eBay decided to expand its business to Asia; unfortunately business was not as successful in Asia as it was in the United States. (1) Understanding the four principles of marketing will help explain why eBay did not succeed in Asia. Product‚ Place‚ Price and Promotion are rules that eBay did not take into consideration by or clearly understand before proceeding into unknown territory.
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ebay – the world’s largest e-business eBay is definitely the world’s largest e-business so far. As the pioneer of e-commerce‚ eBay is “sustained by trust‚ and inspired by opportunity (Chaffey‚ Dave).” In this case study‚ I am trying to figure out that how the characteristics of the digital media with strategic decisions taken by its management team have supported eBay‚ the world’s largest e-business‚ growth. Analyzing the growth of eBay can definitely help me impress the acknowledge of e-Commerce
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I. Executive Summary eBay Inc. is an American multinational internet person-to-person corporation that manages eBay.com which an online auction and a shopping website. It was founded by Pierre Omidyar in September1995. eBay’s major competitors are Amazon.com‚ Yahoo Auctions‚ and uBid. We‚ the case analysts‚ analyzed what are the situations of the company internally and externally. We used Competitive Profile Matrix‚ SWOT Analysis‚ and we compared eBay.com to Amazon.com (closest competitor) using
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27 1.0 Company Profile Ebay Inc is the world’s online marketplace which enabling trade on a local‚ national and international basis. Ebay offers an online platform where millions of items are traded each day with a diverse fashion‚ home and garden‚ electronics and technology‚ sports and leisure‚ collectables and antiques‚ jewellery and beauty‚ films‚ books‚ music and gaming‚ business and industrial‚ motors and other deals. Founded by Pierre Omidyar in 1995‚ as now‚ eBay has a global presence in
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EBay Bids for Structured Change. Case Study Answers EBay started out with a U form‚ or functional‚ design. What changes in that design have already occurred as a result of the company’s growth? What kind of changes seem likely for the future? • One of the first things we need to look at is what the u-form design is. The U-form organization (U stands for unity)‚ also called functional design‚ relies almost exclusively on the functional approach to departmentalization . The U-form design is used
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In 1995‚ Pierre Omidyar founded eBay‚ an on-line company whose purpose was to facilitate an environment where people could not only exchange goods‚ but also have discussions‚ make connections‚ and form relationships. He carefully crafted a culture based upon‚ “trust‚ respect‚ autonomy‚ empowerment‚ and equality‚” and sought for the eBay community and company to be reflective of those principles. eBay was successful because Omidyar realized that a respectful‚ symbiotic relationship with this on-line
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Question 1 eBay first entered the Chinese market in 2002 by acquiring a 33% stake in its local counterpart‚ EachNet‚ followed by a full acquisition a year later in 2003. Critically assess eBay.s choice of market entry strategy for China‚ listing both the advantages and disadvantages of its acquisition strategy. As we know‚ eBay’s China expansion strategy can be considered as failure‚ despite the fact that eBay entered this potentially rewarding market with caution. This cautious strategy was very
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pros and cons of eBay’s playbook strategy. Pros of eBay’s playbook strategy are: • Develops suggestions as to how to drive traffic to the local eBay site through ads at a country’s most popular Web sites and search engines (as stated) • Dictates that products‚ info‚ and chat groups be created by buyers and sellers in that country (as stated) • eBay becomes part of the country’s internet because of the playbook • avoids problems associated with a cookie-cutter approach (as stated) - (avoids
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season or overstocked products at a fixed price. Also‚ they rely heavily on paypal for revenue since you absolutely must have a paypal to purchase from eBay as all transactions go through them. A portion of the fees goes to eBay. 2. What are the problems that eBay is currently facing? How is eBay trying to solve these problems? A problem that eBay is currently facing is the continued growth of Bill Me Later (BML). It increases overall risk for the company putting downward pressure on stock price
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THE PHILIPPINE WOMEN’S UNIVERSITY Graduate School Quezon City STRATEGIC MANAGEMENT EBAY IN 2002: THE CHALLENGES OF SUSTAINED GROWTH Submitted by: EMELITO REYMUND G. ORENCIA SHEILLA MARIE D. APOSTOL JOEM S. SALAZAR MBA-EXE Submitted to: DR. FELIX E. ASPRER Dean I. OVERVIEW OF THE SITUATION Ebay is founded in 1995 by Pierre Omidyar and is the world’s Online Marketplace. The company created a powerful platform for the sale of goods and
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