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
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EBay: In a League by Itself This case tells the long story about how eBay developed and grew obtaining market leader status through the whole process. When thinking back to this case the issue that I think is most important to eBay’s process is their willingness to talk with their customers about improving the service and the website. One example of improving the service showed up on C-306 of the case. It took place "when eBay introduced a feature that referred losing bidders to similar
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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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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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Strength & Weaknesses 12 4.2 Internal Factor Evaluation (IFE) Matrix 13 5.0 Existing Strategy and Objectives 15 5.1 Existing Long-Term Objectives 15 5.2 Existing Annual Objectives 15 5.3 Existing Strategies 16 6.0 Strategy Formulation 16 6.1 SWOT Analysis 17 6.2 SPACE Analysis 18 6.3 BCG Analysis 18 6.4 Internal External Analysis 19 6.5 Grand Strategy Analysis 19 6.6 Strategic Choice 19 6.7 QSPM Analysis 20 6.8 Conclude the New Strategies of the Firm 20 Appendix 1: Strength-Weaknesses-Opportunities-Threat
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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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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: Expanding into Asia John Kozloski BUSN412 Business Policy June 16‚ 2011 Case Analysis eBay: Expanding into Asia Company: eBay: Expanding into Asia Industry: Online Auction Industry Company Website: (www.ebay.com) COMPANY BACKGROUND: The founder of the online auction site “eBay” is a computer programmer Pierre Omidyar in San Jose‚ California‚ established on September 3‚ 1995. The primary function of eBay is online auctions and uses to reach a wide range of individuals all over
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