E Commerce Powerhouse Ebay Is Known Internationally As A Leader

eBay started out online sales which are auction based through selling collectibles and antiques. These targeted markets are frequently antique lovers who are more than willing just for a unique item to bid highly. EBay has established them very well in the market, which until today, antiques, and collectibles generates the highest sales gross.

With the development of latest IT technologies, it started heavily focusing on information & communication technology (ICT). Among other technologies it focused especially on Big Data. This had a major role in making this company what it is today. They also used big data to improve its relationship with its customers and to give them more relevant search results which was far superior then its peers. They focused on collecting its consumer surfing habits to evolve a very predictive and relevant user experience. Finally, it can be said that ebay.com owe its success

Read the case carefully and answer the following questions: 1.Till 2005, eBay EachNet was the leader in the Chinese e-commerce market, controlling more than half of it. But eBay EachNet soon lost its market leadership position to Taobao.com (Taobao). In this context, analyze the reasons that can be attributed to Taobao’s edge over eBay. 2.a. To enable people to trade with each other, Pierre Omidyar created a marketplace in September 1995 which was later called eBay. By mid 1997, eBay received one million page hits per

During 1998,meg join ebay company,served as president and ceo. Under her leadership success,ebay become a global online market and the world top consumer e-commerce site. She establishing the brand and her extensive experience in consumer technology

EBay is a multinational e-commerce organization headquartered in California, U.S. One of the inconceivable accomplishments in the website business is EBay. It gives extensive variety of products and services including however not constrained to online auctions. In a straightforward word, it is only a shopping site established by Pierre Omidyar. For him, EBay was only a side interest amid its beginning stage until higher activity on his site drove him to make it a business.

eBay is an American multinational corporation and e-commerce company, that provides consumer-to-consumer sale-services through the Internet. eBay was initially founded as an auction web by a computer programmer called Pierre Omidyar, and during the dot-com bubble it manage to prevail and it ended up being a notable success story. In September 1997, the company officially changed its name to eBay and in 1998 it went public. Today it is a multibillion-dollar business with operations localized in over 30 countries (Global Trade, 1995-2016). There are millions of items available on eBay, from used cars to collectible items such as coin memorabilia. The firm empowers exchange on local, national and global business sectors around the globe. Unlike Amazon, which threatened the existence of local retailers, eBay facilitates local individual retailers/mom-and-pop stores/retail chains and offered them a platform to sell their merchandise with the advantage of same-hour delivery.

By the year of 2006, eBay’s combined international investments in Latin American, Europe and Asia Pacific has totaled revenues of 2.1 billion, representing 49% of aggregate revenues of the company at the time. Seeing the great potential of the Chinese C2C online auction market which back then comprised of 250 million customers, eBay has launched various attempts majoring the acquisition of EachNet in 2003 and the later joint venture with TOM

The company I will talk about for this paper is eBay. eBay is the world 's online marketplace; a place for buyers and sellers to come together and trade almost anything. With more than 97 million active users globally, eBay is the world 's largest online marketplace, where practically anyone can buy and sell practically anything. Founded in 1995, eBay connects a diverse and passionate community of individual buyers and sellers, as well as small businesses. Their collective impact on ecommerce is staggering: In 2010, the total value of goods sold on eBay was $62 billion -- more than $2,000 every second. I have been interested in eBay since I got first debit card and was able to shop online. eBay’s stock is currently valued at $28.23. It has

The threat of rivalry for eBay is moderate. The low barriers of entry create many ambitious competitors into this market. Yahoo Auctions is becoming an intense competitor with eBay in the market. EBay is able to attract their customers by providing them with the best service at the lowest price. One of the key aspects to appealing customers is brand identity. Customers always recognize Google, Amazon,Yahoo, and Overstock.com, which is why these companies have become major competitors and threats to eBay. In addition, there are also low barriers to exit in the

The company eBay Inc. is an American multinational Internet consumer-to-consumer corporation. Founded in 1995 by Pierre Omidyar in San Jose, California, it is now a multi-billion dollar business with operations localized in over thirty countries including China and India. It’s main enterprise is eBay.com, an online auction and shopping website that allows people and businesses to buy and sell a broad variety of goods and services internationally. Millions of collectibles, décor, appliances, computers, furnishings, equipment, domain names, vehicles, services, intangibles and other miscellaneous items are listed, bought, or sold daily on eBay. Anything can be auctioned on the site as long as it is not illegal and does not violate the eBay’s Prohibited and Restricted Items policy.

Where this online phenomenon has low entry barrier that attracts potential competitors, eBay‘s position in the dynamic market is definitely threatened. Where consumers are more demanding and has access to latest information, eBay must stay focus and responsive to customers‘ needs and wants, monitoring its business structure closely to ensure sustainability. 2) Over Diversification As mentioned, focus is crucial. John Donahoe made a mistake by overly diversifying its resources and core business. A ‗strategic misfit‘ has occurred, such that eBay has never been able to meaningfully integrate Skype, an online communications service, that failed to produce intended results of integrating eBay‘s core operations and its inability to capture the synergy that justifies the acquisition. As a result, Skype‘s ownership was speculated to be transferred to either Microsoft or Google. Difficulty in finding a long-term solution to increase growth in its core market during a global economic slowdown would eventually leads to a dramatic erosion of eBay‘s core customer base and the company also faces deficiency of innovative capabilities. 3) Incompetency of CEO John Donahoe‘s management capability has been judged as ‗a miserable debacle that is getting worst day by day‘ by one of his employees. A website that allows employees to rate their CEO fell to 22%. Apparently, not even 1 in 3 eBay employees is happy with Donahoe‘s position in eBay as they have doubts on his

EBay started off as a horrible website some guy made in his living room, so changes were needed. When Meg Whitman joined eBay in 1998 there were 30 employees at eBay. When she left in 2008 there were 15,000 employees. She changed the foundation by dividing it into 23 business categories. EBay was originally named AuctionWeb and the first item sold was a

Alibaba Group is a Cinese E-commerce company which was founded in 1999. In the past 16 years, Alibaba gradually grew into the biggest E-commerce company in the world. According to the report of Alibaba (2015), by 2015 there are 350 million active buyers in Alibaba’ s platform which is 100 million higher than 2014. The gross merchandise volume of Alibaba is 2,444 billion Chinese Yuan. In 2013, the number was only 1,077 Chinese Yuan. It increased almost 250% in 2 years. Alibaba benefit by the huge growth of online retail market. The total revenue in 2015 is 76.2 billion Chinese Yuan. It is worth noting that in Chinese retail market, mobile penetration is 50.6 percent and mobile users create 6,430 million RMB revenue which is a new record in the world.

On September 3, 1995, Pierre Omidyar founded eBay in San Jose, California. Pierre and his wife, Pamela Wesley, had a vision that included creating a marketplace online where people could share the same interests. This vision also included a format that could create a fair and open meeting ground where prices were determined purely by the market. The site was based on five main values: people are basically good; everyone has something to contribute; an honest, open environment can bring out the best in people; everyone deserves recognition and respect as a unique individual; and you should treat others the way you wanted to be treated.

Rather than open a brick-and-mortar shop to sell their products, they decided to use a website for their listings, becoming participants in the lucrative trade of e-commerce.E-Commerce refers to the purchase and sale of goods and/or services via electronic channels such as the Internet. E-Commerce was first introduced in the 1960s via an electronic data interchange (EDI) on value-added networks (VANS). The medium grew with the increased availability of Internet access and the advent of popular online sellers in the 1990s and early 2000s. Amazon began operating as a book-shipping business in Jeff Bezos ' garage in 1995. EBay, which enables consumers to sell to each other online, introduced online auctions in 1995 and exploded with the 1997 Beanie Babies frenzy.Like any digital technology or consumer-based purchasing market, e-commerce has evolved