Strategic Management: The Case of eBay 1.0 Introduction With achieving sustainable competitive advantage as the goal, organisational changes are considered to be an important part of the development process of a particular company. Aside from globalisation, technology also plays an important role in the changes among modern organisations. Technological boom, specifically through the dotcom and World Wide Web, had become one of the inevitable ways in obtaining a wealth of information about
founded eBay in September of 1995 as an online auction site that thrived under the beginnings of the telecom bubble. Through venture capital funding and third party licensing deals, eBay grew to host 2 million auctions in 1997. With half a million users and $4.7 million in revenue, eBay went public in September of 1998. At the time of the IPO, eBay's share price of $18 jumped up to $53 in the first day. eBay continued to grow by expanding their auction offerings, acquiring fellow European online auction
Auctions Cynthia Fultz RES110/Introduction to Research and Information Utilization June 21, 2010 Janet Robinson The best entertainment in the world is the time one can experience is that of art connoisseurs battling over a fine piece of art (Foulkes, 2010). Auctions have endured the test of time, going back to ancient Roman days, a time in which women were sold for the purpose of providing wives for marriages, to modern society to play a vital role in modern American life.
behavior on eBay auctions Founded in 1995, eBay.com is an online auction website where people and businesses can buy and sell a broad variety of goods. Nowadays, eBay is a multi-billion dollar business with operations in over thirty countries. For every offered product, there is a fixed end date and time set by the seller. Furthermore, the seller can choose to apply different parameters to customize the online-auction. In the following essay, the influence of these parameters on the auction price
eBay: Online Auction Erika Hurns XBIS 219 11/16/12 Michael Scott Online Auction eBay is an intermediating platform through which people can buy and sell through direct sales as well as auction style sales. These transactions can be business to business, business to consumer, or consumer to consumer. One of the advantages of this type of platform is that there is very little marketing needed. People come to the site with the intention to buy already. The foot traffic
Online Auctions Online auctions are “networked communities of buyers and sellers who exchange product information, coordinate and transact” (Pavlou & Gefen, 2002, cited in Meents, Yao & Verhagen, 2004). Most of the time, online auctions are available to most people in the world with the access to the Internet. These can be seen as intermediaries between buyers and sellers that are geographically distant (Walczak, Gregg & Berrenberg, 2006). Online auctions have both advantages and disadvantages.
Online Auction Nathan A. Vagle XBIS/219 March 23rd, 2012 Michalina Hendon Online Auction If you are in possession of an item that you wish to sell or maybe searching for a specific item to purchase eBay may be a perfect spot to do both consumer activities. In the simplest of terms, eBay is a place to make purchases, sell possessions, and participate in social networking (eBay, 2012). One method a seller may use is the online auction; in the attempt to receive the most money, potentially
bidding behavior on eBay auctions | eBay, Inc. is the most and largest marketplace on the internet, which allows members to buy and sell all manner of things to each other. It was launched in 1995 and now has about 100 Million users. eBay´s online payment service, which is called PayPal, makes transactions nearly anywhere in the world possible (Gopalkrishnan,n,d,). All eBay auctions have a certain format with fixed parameters (e.g. end time, opening bid, and length of auction) which are chosen
Ebay Inc. is in the e-commerce retail discretionary industry (Bloomberg). PESTEL Political Factors * Different rules regarding taxes on revenue in different countries. The tax rules vary by country for individuals and corporations. * Trade policies between countries in North America and Asian are constantly improving, which can provide a new market opportunity and/or more competition. The Asia-Pacific Gateway’s geographic location makes it ideal for facilitating trade between North
corporate reputation and CSR in eBay’s business model. 4. Based on a set of strategic issues from a detailed macro and micro analysis, discuss how eBay can sustain earnings growth in the next 10 years. III List of tables Table 1: Financial Ratios eBay, Amazon, Industry 2005-9 ...............................................................17 Table 2: eBay inc: Financial performance, by main operating segments, 2005-9 ................17 IV List of abbreviations B2B Business-to-Business B2C Business-to-Customer