Internet Auctions: Sotheby’s and eBay _______________________________________________________ Maastricht University | | | | School of Business & Economics | | | | Place & date: | Maastricht‚ 08.12.2012 | | | | Name‚ initials: | Guillaume Piront GPJP | | For assessor only | | ID number: | I6050683 | | 1. Content | | Study: | International Business | | 2. Language structure | | Course code: | EBC1009 | | 3. Language accuracy | | Group number:
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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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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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than a traditional Mathematics degree program? My answer is rather simple – I choose this program because I want to know how Mathematics can be applied in other disciplines‚ such as social science like Economics. During my three years of university study‚ I was amazed by the importance of Mathematics in social science. Economics models‚ social statistical research‚ national accounting‚ developmental analysis are all related to different streams of Mathematics. They are so beautiful and elegant‚ and
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eBay: Creating Customers on the Move The advent of mobile commerce (m-commerce) has begun to create significant changes in the way consumers make purchasing decisions. The introduction of online shopping first began to draw customers away from brick-and-mortar retailers‚ changing the location of where they made their purchases. The use of mobile devices has expanded the location of purchase decisions even further‚ so now consumers can make purchases from almost anywhere‚ so long as they have
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The Coher Premium 86 Harvard Business Review June 2010 1191 Jun10 Leinwand REV.indd 86 5/4/10 10:42:19 AM HBR.ORG Paul Leinwand (paul. leinwand@booz.com) is a partner at Booz & Company in Chicago. Cesare Mainardi (cesare. mainardi@booz.com) is managing director of Booz & Company’s North American business and is a member of the firm’s executive committee. ence Is your company disciplined enough to focus intensely on what it does best? by Paul Leinwand and Cesare Mainardi
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at the very real possibility that she would not. It was the summer before my junior year of college‚ and as I returned to school that fall I was noticeably preoccupied with my mother’s cancer battle at home. Several times I considered putting my studies on hold and returning to help my mom full time‚ but I was reminded of something she often repeated when I was going through difficult times. “Don’t let life’s adversities lead you off your path. You have to stay the course.”It was difficult advice
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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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University International BUS 401/Module 1 Case Assignment While many companies have successfully forayed into Asian markets‚ such as China and Korea‚ eBay has had a tough go of it. There are a number of reasons for this. First‚ eBay crashed in China when the decision was made to move operation say-so from China to California. EBay also underestimated the strong ties that Asians felt toward the online auction media already in place. In addition‚ eBay failed to understand the political implication
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CASE: IB-88 DATE: 01/04/10 TAOBAO VS. EBAY CHINA Ten to 15 years from now‚ I think China can be eBay ’s largest market on a global basis…. We think China has tremendous long-term potential and we want to do everything we can to maintain 1 our No. 1 position. — Meg Whitman‚ eBay CEO‚ 2004 By 2008‚ Jack Ma‚ CEO of Alibaba.com Inc.‚ was in a position to consider how to fortify Taobao’s dominant position in China’s online consumer-to-consumer (C2C) market. Ma and his company had come a long way
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