Zheng Executive Summary Background eBay Inc history: September 1995: funded as a sole proprietorship. May 1996: incorporated in California. April 1998: reincorporated in Delaware. September 1998: completion of initial public offering October 2002: acquired PayPal Product Online Auction: Every day‚ 24 hours a day‚ 7 days a week‚ 365 days a year‚ millions of people from all over the world go shopping at online auctions. This is not an exaggeration - eBay‚ with a 76% share of the auction site
Premium Electronic commerce Auction
internationally. EBay makes money by charging fees to sellers‚ however it is free to shop and place bids. Till date EBay has presence including partnerships and investments‚ with more than 90 million users worldwide. At the start of 2002‚ they used PayPal as their online payment method. Background/History A computer programmer called Pierre Omidyar‚ started EBay in his living room in the year and month of September 1995 in San Jose‚ California. Apparently‚ the reason why EBay was officially established
Premium Electronic commerce
25-34 years old. Over half of the users don’t have kids and also lack college experience. The majority of the people are Caucasian and have a household income of $100‚000. After looking at this information there are some good opportunities that eBay could capitalize on. First‚ a good target market would be the “Baby Boomer” generation. This generation’s age demographic falls into the 45-64 year range which makes up about 30% of internet usage in the United States. With the rise of smart phone
Premium Baby boomer
1‚083 Rebecca Payne ECO2023 Pray 11-19-2012 eBay & Weird Al Business Structures There are a variety of different business structures that comprise the market in the world today. The most common ones found in the business world today are sole proprietorships‚ partnerships‚ and corporations. From these you will also find monopolies and oligopolies. Economists assume there are a number of different buyers and sellers in the market which leads to competition which allows prices to change
Premium Monopoly Perfect competition Oligopoly
Case Study: eBay Goes on a Shopping Spree Ashley Dames MMOL 5-6 Dr.Toni Pauls October 21‚ 2012 eBay was founded in 1995 by Pierre Omidyar‚ was actually known as AuctionWeb‚ and primarily was composed of random items that were auctioned off. Currently‚ eBay has over 30 million sellers and has an amazing array of goods for sale. Originally‚ eBay’s customers would bid on auction items that they were interested in purchasing. Now‚ over 60% of purchasers use the “buy it now” function rather
Premium
Introduction Amazon and Ebay are two well-known brands of online shopping sites. They have evolved and grown from small firms to the giants of e-commerce today. In this essay‚ a comparison would be made between the two firms. Questioning the types of business models Amazon and Ebay’s have employed and how they have evolved over time‚ the driving factors of change‚ and finally the future outlook of each firm help distinguish the trails both firms made to become the two leaders in the market of
Premium Electronic commerce Auction Business model
of the low entry barriers and the market is full of competitors)‚ substitute products or services (many of the items on eBay are not purely exclusive to the site and other sites use similar ways to do their business)‚ supplier power (there is a limitless number of suppliers for eBay‚ and much revenue comes from suppliers’ own revenue)‚ buyer power (each item can be listed on eBay where a limitless number of buyers use the site‚ and choose whether to use the site or not). EBay’s business model is
Premium Website Sales
a) 2 other personality models: Description This very brief description is based primarily on the most recently published description of the PAS although there is no disagreement with other descriptions. The PAS is based on premises (among others) that behavior is determined by both heredity and environment and behavior is determined by an interacting system of traits. Furthermore‚ these traits can be modified through learning to such an extent that some might be nearly opposite to the original
Premium Big Five personality traits Personality psychology
First Written Analysis Assignment CASE #10: eBAY‚ Inc.: Bidding for the Future – page 142 of case book. Case analysis puts you in the shoes of those faced with actual managerial situations and forces you to make decisions as managers based on limited information and a finite time frame. Your objective is to appraise the situation from a top manager’s perspective‚ by asking the following: 1) What factors are critical to understanding the current situation?
Premium Logic Competition Competitor analysis
CASE STUDY MARKETING EXCELLENCE “EBAY” How does ebay price their service? Is it an effective method of pricing? 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. For
Premium Pricing Marketing Sales