Essay about Ebay Analysis

Connected strengths decide eBays force of rivalry and henceforth the productivity and engaging quality of

The market eBay takes place in is primarily the Internet market. Around 1995 the Internet market was just beginning. “there will be more than 500 million users by 2003 and a rapid increase in e- commerce turnover, rising from US$500 billion worldwide in 2001 to more than US$3 trillion in 2004” (Fichter, 2003) EBay was a pioneer in Internet market until competitors such as Amazon and Wal-Mart began to sell products online as well. “Online marketing is now the fastest-growing form of marketing” (Armstrong, 2013). The difference between eBay and its

Database System: A database system is an important part of an eCommerce website. The database is used to store information about the products for sale on the site. The database will hold information such as store pricing, descriptions, images and other details. In addition to this the customers details are

eBay needs to focus on several issues to become more competitive. One issue is the fact that their competitors, like Amazon, make website purchases less difficult. On Amazon a customer can make a quick buy instead of having to bid on an item, wait for the auction to end, and then see if they won the auction. Another issue for eBay is the customer’s perception that scams are more likely on their site since purchases involve individuals and not companies. Even though eBay has the buyer protection plan to counter this idea, some customers might still shy away because they do not want to take a chance of having to go through the dispute resolution process in case it is a scam. When looking at Amazon’s return policy, they back their buyers 100%. If the buyer is not satisfied with the product or it doesn’t match the description that was on the website, Amazon will give the buyer a full refund. Looking at this from a buyer’s perspective, it makes purchasing more convenient to return a product as opposed to having to track down the buyer and trying to work out a resolution. I think that if eBay changes the protection policy and would

The company can also take up a business diversification approach that will give it an imperative competitive advantage. On the same note, it is an important note to that E-bay can benefit from engaging strategic partners or strategic alliances with various partners in a move that can aid in improving the entity’s overall operations. For instance, eBay’s acquisition of PayPal and Skype in the year 2002 and 2005 significantly improved the company’s overall share listing in the share markets (Wenig 2017). The company has seemed to grow at a rapid rate, based on the ability to tap the opportunities brought about by an expanding product portfolio that is mostly due to a higher level of partnership with key strategic partners. The company can utilize the use of online stores as a way of expanding to new market environments such as in new countries.

Based on the analysis of the five competitive forces affecting eBay, it appears that the online auction

The website eBay is the perfect shopping destination for people who don’t like to leave the comfort of their comfy couch, and for people who enjoy taking advantage of some awesome deals! No matter how big of an online shopping fanatic you consider yourself to be, there is still so much that most people don’t know about this intriguing shopping destination. To find out all that there is to know, all you have to do is explore our article- still from the comfort of your comfy couch! Don’t forget to check back soon for our part two article, where we reveal the top eight lesser-known tricks about eBay!

The owner of the company has completed about 47% of the total questions from the categories of Governance, Worker, Community, Environment, and Customers. Based on the owner’s responses, the overall B Impact score for the company Adunnard Merchandise is 31.4 points, which is low compared against 277 Median Ordinary Business with 23 employees score for B Impact Report is 50.9 points.

There are likewise low leave boundaries in this industry. EBay possesses 35.14 % of the business sector starting 21st of February, 2012, which leaves space for them to grow. EBay requirements to stay aware of purchasers needs and needs alongside watching out for its rivals keeping in mind the end goal to be fruitful.

E-Bay was founded in 1995, it was as radical and cutting-edge as many of the other "dot com" startups launched in that era. Today, however, eBay is one of the world’s most venerable online companies, not to mention one of the most endlessly emulated and discussed companies in the world (Hsiao, 2016). In an Article written by Aron Hsiao, Hsiao states, “eBay is place to buy meaning, you can get nearly anything you need or want at prices better than you can find in traditional brick-and-mortar or even online stores. Though there are lots of rotten deals on eBay, too, the careful consumer can always come out ahead. He then says, “eBay is a place to sell meaning, whether you are a Bix-box retailer or just an average Joe (or Jane) cleaning out your garage, nearly anything you list on eBay will sell if you are flexible enough about the price. E-Bays global reach can even move unusual items that are not in demand in your

There are many major competitors for EBay. Of the many companies that are in the same industry which are at the top of the Hoovers in depth list is Amazon, Google, Overstock.com, Walmart.com, HSN and the list goes on. The industry that these companies are in is a multibillion dollar industry. All these companies know that the consumer is their main concern. The consumer will always have a these companies doing all they can so that they stay on top.[6]

eBay.com began with auction type selling but eventually the company expanded into the “buy-it-now” mode of selling as well. This gives eBay, a competitive advantage over companies such as Amazon, which only provide “buy-it-now” services. Thus, the company has a mixed blend of business sellers and individual sellers.

The name “eBay” (http://www.ebay.com) is synonymous with “online auctions”. Founded in September 1995, the company qualifies as a genuine cultural and economic phenomenon (Bunnell, 2000, p.vii). The site can be credited with creating and defining an entire industry and has remained the dominant force in the online auction world, with anywhere from 70 to 90 percent of the person-to-person online auction market. eBay is also the 15th most visited site (http://www.MediaMetrix.com) on the web. In the face of large competitors such as eBay, internet powerhouse, Amazon.com Auctions (http://www.amazon.com/auctions), is battling for online auction dominance over eBay. Amazon is not just a bookseller but also a genuine e-commerce platform for

Introduction ----------------------------------------------------------------------------------------------------------------- 3 eBay’s Business Model ---------------------------------------------------------------------------------------------------- 3 Strategic Issues and Analysis ------------------------------------------------------------------------------------- 3 - 5    Competitors Challenge

By implementing their business model, eBay employed three main tactics. First, they looked to build strategic partnerships, such as PayPal and Half.com. Second, they looked for customer feedback to constantly make changes and improvements. Finally, they monitored of their internal and external environments for possible opportunities. By initiating all of these tactics, eBay is able to adapt to the changing ways while keeping their customers satisfied. To be successful eBay must continue to mold and change their business model to satisfy customers and keep the level of quality they employ to the highest degree possible. If eBay is able to work these ideas into their everyday business life, they will continue to be successful. Furthermore, eBay must continue to improve its level of service, strengthen community trust and safety, increase system reliability, enhance website features and functionality, and broaden the company’s trading platform by growing existing product categories and promoting new product categories in order to cope with competitive pressures and maintain its existing customers and attract new ones. Finally, they can expand their market to the growing population of older generations by making their websites more attractive by catering to