Yes‚ there is an auction website that is combatant to eBay. The web site uBid.com is just that‚ a formidable contender. These two auction based websites are leaders in the world in the effect of bid vending. The function of the websites are comparable‚ yet distinguish themselves accordingly to give themselves a branded feeling. The feel of the site is crucial to its success overall. So much can be said regarding comfortable site navigation and user friendliness. And because of the convenience
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EBAY SWOT ANALYSIS STRENGHTS | * Leading global brand for online auctions the brand name is more and more recognized around the world (brand recognition). EBay is expanding its international presence. Consequence : growth of profit * Ability to attract buyers * Volume of transactions * Selection of goods * Customer service and security * PayPal: PayPal has helped eBay to increase satisfaction among customers thanks to the services it offers. The share of PayPal in eBay’s turnover
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Strategic Management EBay Case Study 1. A). EBay’s greatest opportunities are: a. Long auction time-10 to 15days is too long for customers to wait b. Localizing their website all over the world c. Acquiring Skype and they have begun to integrate buyers and sellers d. Mobile phones‚ social media trends‚ will help them try to keep up with Amazon B). EBay’s greatest threats are: a. Constant Hacking and Fraud transaction b. Copyright problems-companies may
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EXECUTIVE SUMMARY eBay‚ Inc. is the largest and most popular marketplace on the Internet‚ allowing members to buy and sell almost anything. Launched in 1995‚ about 147 million people now use eBay. An estimated 430‚000 people in the United States make all or most of their living by selling on eBay. eBay’s online payment service‚ called PayPal‚ enables transactions nearly anywhere in the world. eBay proclaims “trust” between buyers and sellers as the key to the success of the marketplace. eBay is the “The
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Can eBay Continue Growing? 1. What is eBay’s business model and business strategy? How successful has it been? According to the course textbook there is several internet business models found on page 444. The internet business model that best describes eBay is an “online marketplace”. As it says in the case itself‚ “eBay is an online auction service…who stores no inventory and ships no products. Instead‚ it derives its revenue from the movement of information”. This is essentially what
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Consequently a company must plan strategies that address any changes in the market. ebay Inc. is the world’s largest and most popular person-to-person trading community on the internet (Bradley‚ 2001‚ p. 1). From its inception eBay was unchallenged however with amazon.com’s (Amazon) entrance into the online person-to-person auction arena and other competition from Yahoo! Auctions‚ Auction Universe‚ and OnSale‚ eBay was faced with the issue of how to separate themselves from competitors and maintain
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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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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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