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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brokerage value model and collecting transaction fees in consumer-to-consumer auctions. Rapid user growth created community‚ content‚ and search value streams‚ which in turn created the critical mass for substantial advertising revenue. B2B followed by offering the Small Business Exchange. In addition‚ there is nothing that would prevent eBay from licensing its technology in the B2B space‚ for industry-specific auctions. eBay could potentially expand into the B2C space‚ providing firms the option
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founded (Year 2000). Minal and Dinesh have long-standing relationships with artists and buyers. Now Saffronart is the leading firm in the newly emerged Indian art market which has a good reputation. In addition‚ Saffronart gain a huge success in the auction area. 2. Bargaining power of suppliers ( Suppliers’ potential to increase price or reduce quality)
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broader target audience by offering a variety that surpasses the auction framework. With the threat of having a plethora of competitive auctions‚ eBay is placed in a position of streamlining their strategic advantage‚ meaning the company’s current business model is not enough to sustain the company’s reputation as the successful international auctioneering powerhouse of e-commerce. Although eBay was the number one leader in online auction retail‚ there are several rivals that offer the same products
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a foreign market with an unfamiliar culture is not for the weak‚ but the obstacles did not deter Ebay from attempting to jump into the Asia-Pacific region. The online auction site in South Korea‚ Internet Auction‚ is an eBay subsidiary. However‚ in Japan‚ Yahoo! beat eBay to the punch in introducing the country to online auctions. German media company Bertelsmann sells books and music to online Chinese consumers. And Amazon owns a majority share of Joyo.com Ltd.‚ a British Virgin Islands-based firm
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didn’t work for eBay; one of the main reasons was the dominance of Yahoo Auctions in japan. Since they are the first ones to get in the market‚ they have more experience of how to fit in the Japanese market and these leads to a series of things attract new sellers‚ which brought new buyers and according to Masahiro Inoue‚ president CEO of Yahoo Japan in auctions more buyers bring sellers (pg285). What really help Yahoo Auctions was through a joint venture called Softbank one of the largest internet
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online auction market against eBay in China. After four years of an intensive and expensive battle‚ eBay withdrew from China completely. In about 200 words‚ describe the advantages Alibaba.com might have had over eBay in this new market‚ and then describe the advantages eBay might have had over Alibaba.com. Be sure to discuss lock-in effects where appropriate. Alibaba has advantages over eBay. Alibaba is already well known in their country. Alibaba’s Fees were not charged for online auctions. Alibaba
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community. Sellers listed items for sale‚ and buyers bid on items of interested which was automated using EBay’s listing system to arrange items by category and topic. Focused market segment was the collectibles and developed based on a traditional auction house. Since the foundation through February 1999‚ more than 186 million bids had been made on the over 50 million items for sale‚ resulting in more that $841 million of gross commodities sold with a seven-day average of approximately 800‚000 bids
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category within the marketplace provides product choice and caters for multiple demographic groups within the marketing mix. * EBay have demonstrated a use of technology to innovate the on-line retailing function. From first developing the on-line auction idea to challenging the status quo and use of technology within consumer transactions in order to make the EBay experience a customer focused and friendly one‚ this is to be introduced with the use of Skype technology to introduce a new interface
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and the buyers that purchase the products from these sellers. All these buyers certainly have a strong bargaining power as they are needed to sustain the growth of eBay. Threat of new entrants Google‚ even though it is not in e-tailing or online auction is a potential competitor as it is a strong trusted brand that attracts traffic and has an excellent search system. It is even said that Google is actively pursuing a profitable combination of search and e-commerce that threatens both Yahoo! and eBay
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