Essay on Strategy of Ebay

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E-Bay Business Models and Strategies E-Business Models and Strategy Has anyone ever been frustrated when trying to find merchandise that absolutely no one seems to have? Or how about looking for your favorite artists or professional player's autograph? How about looking for new/old Pez dispensers? Well I am sure that anyone who has needed or looked for any of these particular products online has stopped by E-bay to take a gander at what exactly they have to offer. E-bay is an online auction company which acts as an intermediary between buyers and sellers. It was started back in 1995 by a man named Pierre Omidyar, who had started the site as a hobby, originally being used by his girlfriend as a trading exchange in order to collect Pez…show more content…
With the number of internet companies and internet sites growing by the day it is hard to say whether or not E-bay would be as successful as they have been introducing the site today. I personally have two different views on this subject. When E-bay was first introduced in the on-line world, there was absolutely no competition, making it very easy for the company to gain mass amounts of publicity, and customer loyalty/business in order to launch them to stardom. With the internet being widely accepted among everyone who owns or has access to a computer, this has made E-bay a very widely accepted website for users to find what they are looking for in today's marketplace. I do not believe that E-bay's start-up, if it were to happen today would be as remarkable simply due to the fact that E-bay was introduced to the internet at relatively the same time as the internet was born. Since E-bay has been such a dominating auction website over the past decade and even gained stock market publicity, I think it would be very tough for E-bays success to be considered as remarkable in a world such as today where new websites and dot com companies are being established on a daily basis. In all successful companies in today's day and age you must have some type of business model to follow in order to make sure that you are keeping up with all the factors that compose the main components of your
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