eBay: “The world’s largest online marketplace”- A Case Study J.Gopalkrishnan* V.K Gupta** Abstract 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
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1435417.1435450 BY CAROL XIAOJUAN OU‚ ROBERT M. DAVISON Why eBay Lost to TaoBao in China: The Global Advantage electronic commerce involves electronically-facilitated transactions between consumers through third parties.9 In China‚ a number of C2C platforms have emerged‚ such as eBay (China)‚ TaoBao and PaiPai. TaoBao‚ established in 2003‚ has quickly assumed a dominant position in this market‚ underlined by the December 2006 decision by eBay to quit the C2C market in China altogether‚4‚ 8 merging its
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Marketing XXXXXXXX 18 April 2008 There are several reasons why EBay failed trying to enter and get a foothold into the Asian Markets. American companies as a whole have had difficulties trying to get into the Asian Global market beginning in the year 2000. The biggest reason is our cultural differences. EBay was an outsider and did not understand the cultural market there. By understanding our cultural differences we will understand why EBay was unable to successfully enter the Asian market. The main
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users get recommendations and summary related to the user ’s interest and purchasing or search history. 3.Convenient payment: all payments are handled securely by Amazon.com itself. Sellers do not have to establish different payments account as in eBay and Paypal. Amazon.com provides a convenient "1-click" ordering that allow customers to make purchases without getting into the hassles of other online checkout payment systems. 4.Extraordinary convenient shopping experience:Wide selection: being
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EBay International 1. EBay Developing a Local Strategy in an International Market Deborah Leek-Nunoo Strategy Management June 11‚ 2013 EBay International 2. Abstract During a Labor Day weekend in 1995 Pierre Omidyar (engineer) developed what he said was an “experiment”: What would happen if everyone in the world had equal access to a single global marketplace? Pierre’s idea would grow from a basic auction site that sold a broken laser pointer to a collector for $14.83;
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If you’ve an eye for car booty‚ buy items cheaply at car boot sales‚ and sell them at a profit on eBay or other auction sites. Be sure to arrive early to beat other bargain hunters. The big money lies in spotting collectables to sell on‚ so research online first or (subtly) use your mobile phone’s web browser. There’s a quick way to glean a product’s market value on eBay*. Fill in the search box and tick ’completed items’ on the left-hand grey bar. It’ll come up with a list of prices similar
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Why does Ebay have problems in Asian Markets? This is the question to be answered in the first Case assignment of Business 401. In order to answer this question there must be discussion about Global marketing concepts‚ such as product‚ place‚ promotion‚ and pricing (the 4 p’s)‚ method of entry‚ and entry decision. Then it is important to apply those concepts to the Asian Market. In the pages that follow I will discuss the marketing decisions of Ebay in their mission to expand into Asian markets
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The online auction marketplace eBay.com is a microcosm of e-commerce. Here it consist brief overview of eBay. This document describes how one can use eBay to get the fundamentals of e-commerce‚ using the Rayport and Jaworski 7Cs framework of the online customer interface. The elements the 7Cs framework are commerce‚ context‚ content‚ community‚ customization‚ communication‚ and connection. eBay (ebay.com) is the world’s largest auction site‚ and one of the most profitable e-businesses. The successful
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Analysis of eBay China’s Failure and Suggestions to eBay’s Return Strategy from the Perspective of Cross-cultural Conflicts 1. Introduction Along with the development of global economy‚ no one is unfamiliar with the word of globalization‚ and the world is filled with multinational-corporations. In such circumstances‚ those companies have realized that the necessary way to survive in the global market and maintain the competitive advantages is to
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Discuss the business strategy adopted by eBay in the evolution of its internationalization efforts? eBay is an online peer to peer auctioning platform that allows people from all over the world to sell and trade goods. eBay was setup nearly 13 years ago and has seen its net revenues grow into the billions ever since. eBay acts an intermediary between sellers and buyers to provide a safe and secure environment for people to browse‚ buy or sell products that are new‚ used or hard to find. The system
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