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.
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.
Dembosky, A. (2012). Ebay moves beyond its dotcom roots. Available:http://www.ft.com/cms/s/0/df3723ca-1773-11e2-8cbe-00144feabdc0.html#axzz2EbzDqb5Y. Last accessed 10th Dec 2012
EBay hosts an online marketplace where consumers and merchants can come together to trade goods in a variety of ways. One way this can occur is through Auction-type listings. This process consist of listing an item that is available for others to bid on for a specified amount of time; the person to bid the highest wins at the end of the allotted time. There is also a “buy-it-now” option where an individual can immediately purchase the desired item directly from the seller. There is an array of categories you can shop from and consist
The electronic auction websites have a role of providing the mean to the people who want to sell their electronic devices on the websites in order to get the maximum sale price of the product. The role of these auction sites is to reduce the risk of sellers, protect intellectual property rights, support laws and regulations, provide equal opportunity to the sellers and provide the more enjoyable buying and selling experience to the visitors. There should be proper policies for buying and selling electronic items on the auctions websites (Jacobson, 2003- 2015).
Ebay a company that made its name for buyers to bid on items of interest and for users to browse through a search engine for a broad market of items online world wide. Ebay-Inc., was founded by a 28-year-old software developer in September 1995 by Pierre Omidyar 's San Jose living room. On eBay one can conduct worldwide person-to-person trading, or sales which could be in the a forms of a garage sales, flea markets,
Overtock.com is an online retailer that started out in 1997 that offered brand-name merchandise at discount prices. In 2005, Overstock.com noticed that their call center infrastructure was beginning to show signs of stress which barred them from performing the excellent 24/7 customer service that differentiated them from many of their competitors. The ever increasing call volume reached a peak during the holiday seasons and being that the volume of calls was too much to handle, Overstock.com outsourced the overflow. Their outsourcer’s contact center was on a separate platform and ran different systems than Overstock.com’s in-house systems which prevented quality control of the customer service provided to their clients. The limitations of their
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.
The company eBay began in the living room of Pierre Omidyar in 1995. The company was simply created to connect individuals for the exchanging of goods and services. As a computer programmer, Pierre designed what people referred to as an auction web, connecting millions of people globally through the use of the internet. The growth of eBay was quick and continuous, and today is a biggest global internet business. However, with all of eBay’s success, the company has struggled in Japan, China, and other Asian markets. Yahoo and eBay have both similar and different strategies they use to approach the Asian market. China made a significant move
Edward T. Chen, University of Massachusetts Lowell, firstname.lastname@example.org ABSTRACT eBay is a highly visible company that has been immensely successful in their implementation of a business strategy that incorporates their information strategy. It is a shining example of an Internet era company that actually turns a profit, and managed to outlast the “dotcom crash”. By remaining flexible and adaptable, the ever-changing eBay has developed a technology platform that differentiates them from their rivals. This paper analyzes the information technology strategy and information systems policy adopted by eBay to react to the business dynamics while maintaining the leading position in the
Developing an e-commerce business is a difficult process, that will test the determination and commitment of any person that has created a business in the past. I this paper will examine four different scenarios that one might be confronted with in owning an e-commerce business. The scenarios are as follow: