Case Study: Liquidation.com Electronic commerce and digital marketing Group 3 24/11/2010 1. Business Background Every organization deals with surplus assets — whether it is excess inventory‚ damaged items‚ end of lifecycle equipment or customer returns. While most manufacturers‚ retailers‚ corporations and government agencies have well-established forward supply chain processes‚ goods in the reverse supply chain are a huge‚ and often costly‚ distraction for these organizations Liquidity
Premium Marketing Electronic commerce Supply chain management
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
Premium Electronic commerce Marketing
The Internet Changed Everything The internet is a worldwide way to exchange information and communicate with others through a series of interconnected computers. Day by day we see ourselves changing due to new technological advances. The internet makes our technology more exciting and more interesting. With the use of the internet now available on mobile and home phones‚ tablets‚ gaming consoles‚ digital televisions‚ laptops‚ notebooks and pcs we are turning to the internet more than ever. Many
Premium Social network service Online banking Internet
90s‚ the federal government in effort to jump-start online sales later known as E-commerce to be tax-free. Amazon.com and EBay are two companies that have been in E-commerce since the beginning. Amazon.com achieves lower prices by having little overhead‚ less employees and physical stores‚ and as a result‚ Amazon.com can offer goods between 40 to 60% off retail on average. EBay offers lower prices by allowing anyone to post products online‚ which has allowed several small distributers to offer a variety
Premium Small business Wal-Mart Retailing
by James Stewart of NY Times saying “Our multiyear effort is paying off‚” he said. Profit more than doubled and revenue jumped 23 percent. “EBay is revitalized. We believe the best is yet to come.” In a stock market struggling with recession fears and the European debt crisis‚ eBay stock this week hit a six-year high.” He says that the introduction of the EBay mobile app and the purchase of PayPal has been a great innovation. T. Rowe Price’s James Kennedy said in his recent
Premium Business cycle Great Depression Management
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
Premium Internet Electronic commerce Instant messaging
A J outline between a traditional auction and an on-line auction? 5 marks 8. What did Rein A J regard in an eBay auction as the equivalent of the fall of the hammer in a traditional auction; and what is the significance of each? 2 marks 9. Explain the meaning of specific performance and state why was an order for
Premium Lottery Contract Supreme Court of the United States
Consumer Behavioral Segmentation and Strategic Positioning for Online Auctions. Abstract E-Bay is one of the most widely used and consumer adapted means of selling a product in todays e-business market. It requires a unique marketing approach to effectively segment‚ target and position potential customers. Competition between sellers can be fierce and without precise understanding of buyer behavior‚ pinpointing what creates value can be daunting. This paper will address the basic concepts
Premium Marketing Product differentiation Positioning
C1 ALIBABA.COM 1. Creating other successful portal in the future will be hard given that the lock-in effect makes the task difficult. Alibaba.com as an early entrant into the B2B portal market in China has built a strong advantage over its competitors; anyone who would want to challenge them will face some barriers to enter the market because as a starter‚ people will show preference for Alibaba.com‚ because of the experience‚ some people also develop loyalty or simply because they know the company
Premium China Auction Purchasing
anyone something. You receive almost anything in an email; from receive viruses‚ hate mail‚ junk mail‚ and spam. Another good impact that the Internet has made on society is online auctions. One of the most recognizable online e-trade sites is Ebay.
Free Internet Website History of the Internet