I. eBay’s Vision II. eBay’s Business Model III. Industry Analysis Background Porter’s five forces SWOT analysis IV. eBay Financials V. Summary and Recommendations I. eBay’s Vision: eBay was founded in the San Jose living room of Pierre Omidyar back in September 1995. The basic vision Omidyar had when he founded what became eBay was to create a person to person trading community based on democratic market principles; these principles allowed for a free flow of information, communication
“EBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. EBay offers different opportunity to its
formal vision and mission statement for eBay. Based on the case, eBay have some statement on their annual report and the company came out with the following statement: Statement that was published in the company annual report could be extract that the company was fully intended to be the world’s leading in online marketplace and they are focusing to invest on their core Marketplace and their adjacent business. Since there is no clear vision statement for eBay, a proposed vision statement would be
PEST ANALYSIS FOR EBAY COMPANY The PEST Analysis shows the political factors, economical factors, social factors and technological factors which can affect the business. The Political Factors are: - • The eBay has established partnerships with International Companies which has made it to undertake different political opinions of various countries. • The introduction of taxes can reduce trading among communities because it reduced profit margins. • The taxes will make the costs to rise this will affect
The History of eBay eBay was founded in Pierre Omidyar's San Jose living room back in September 1995. It was from the start meant to be a marketplace for the sale of goods and services for individuals. In 1998, Pierre and his cofounder Jeff Skoll brought in Meg Whitman to sustain the success. Meg had studied at the Harvard Business School and had learned the importance of branding at companies such as Hasbro. Meg culled her senior staff from companies such as Pepsico and Disney, created an experienced
Consequently a company must plan strategies that address any changes in the market. ebay Inc. is the world’s largest and most popular person-to-person trading community on the internet (Bradley, 2001, p. 1). From its inception eBay was unchallenged however with amazon.com’s (Amazon) entrance into the online person-to-person auction arena and other competition from Yahoo! Auctions, Auction Universe, and OnSale, eBay was faced with the issue of how to separate themselves from competitors and maintain
CONSUMER ANALYSIS WHO? Who are our existing and potential prospect customers? Who really upload items for listing as well as who purchases our products? Who are always interested browsing the website? Simply, who are our markets? WHAT? What products and services the company are providing? Does the products vary from other e-commerce businesses? Is it worth it? What are they presently buying? WHEN? When will the items be delivered? Does the company monitors exact delivery dates of purchasers?
groups in the marketplace, targets those it can fulfil greatly, and then positions its offerings and so the target market recognizes the company’s unique offerings and images. In exercising the marketing strategies described by aforementioned authors, eBay’ has become the most popular marketplace for online consumers, as explained in detailed below 1.1 Targeting, Segmentation and Positioning 1.1.1 Target Market eBay’s has a variety of target marketing as a result of a wide range of products available
to a yacht, to a mobile home? It is true. EBay is an online auction and shopping website that is used by millions of people worldwide and offers customers a variety of various types of products to buy. It is one of the biggest e-commerce companies in the world. EBay allows people to sell and buy products from many different countries around the world. There are some people who make an income out of selling goods on eBay. In electronic commerce such as eBay, Information Technology (IT) is used anywhere
EBay is an on the internet public auction company that was established in 1995. It provides a safe home where consumers from all over the globe can come together to engage in business. There are two primary issues faced by eBay that it is trying to address. The first and most obvious of which are competitors. Just like practically every industry, there are other players that want a piece of that industry. The second issue has to do with the perception of risk in buying from sales. Because, for
(Appendices not included) eBay should continue to focus on growth and continue to fight off competition from rival companys. eBay has dominated the U.S. online auction market ever since its creation in 1996. The current market conditions are changing and eBay must position itself for continued growth. eBay has met most of its key success factors shown in Appendix 1, but must continue to focus on them to sustain its current growth. eBay's two fundamental challenges include, continued growth
Selling Experiment in eBay Essentially, a trading is an activity when two parties do some exchanges of goods or services on value that had been agreed by both sides. In the past, barter was the famous method to do trading. Over the times, money and currency were discovered, and then barter is not popular anymore. Nowadays, while the Internet technology has advanced rapidly and reliable, electronic trading has started to replace the physical trading market in over the world (Massimb & Phelps, 1994
the current company situation are covered. Later some interesting and different technical issues are discussed. The Paper ends with analysis of the company and several future recommendations. KEYWORDS PayPal, Payment Systems, E-business, Money Transactions, PayPal Analyses. TABLE OF CONTENTS 1. Introduction 2. PayPal as e-Business 3. Technical Issues 4. Analysis (of PayPal as e-Business) 5. Conclusion 6. References 1. INTRODUCTION 1.1 - PayPal –A Popular Company This paper is about a company
eBay’s Globalization Strategy eBay was founded by Pierre Omidyar and Jeff Skoll in May 1996. Their headquarters were in San Jose, California in the midst of the dot-com era. The company idea initially began as “Auction Web, which Omidyar launched in September 1995. The idea was to develop an open market place that was available for all members of the community to discuss, compare, and trade computer items as well as collectibles. The idea took off, reaching thousands of registered users
1. Assuming that eBay makes the decision to go Latin America, prepare a roadmap for eBay's expansion in this region during the next five years. Specifically, what should be the sequence of entries in the six major Latin America countries in Exhibit 6? Use relevant facts from the case to support your decision. The six major Latin America countries are Brazil, Argentina, Mexico, Colombia, Venezuela, and Chile. Although eBay was the largest online trading company by developing a web-based community
EBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. In addition to its auction-style
online auction site, eBay. Security on the Internet is a concern for any online business in today's society. We will discuss online services, how businesses on the Internet conduct their transactions and shipping. With eBay we will be looking at their operation procedures while concentrating on Firewalls, Transparent Cryptographic File and Public Key Infrastructure as possible solutions for security measures. Background to Online Services Case Study and the general background of eBay Cyber Security Measure
Internet fraud is a problem that has become very widespread in recent years. Internet fraud was first monitored by the Internet Fraud Watch organization in 1996. The Fraud Watch has stated that each year after its inception internet fraud has increased. In 1998, the Securities and Exchange Commission established the Office of Internet Enforcement to fight online securities fraud which was another sign of how large the problem is becoming (Clausing). Despite the SEC¡¦s efforts this problem has not
Online penny auctions are a relatively new phenomenon that started barely 2 years ago, and is continuously gaining popularity on the Internet. It is also called bidding fee auction. Participants to this type of selling things through bidding are required to pay a fee, and they will be allowed to place a bid. Note that the fee is non-refundable. As you have paid your fee, you will be given bids to use on the product that you like on the list. The product price increases by 1 penny or 1 cent for each
network providers in the U.S. and Europe are beginning to offer Internet backbone and access support on a competitive basis to any interested parties. One positive issue about the internet is that it is so much easier to buy or even sell things like on eBay. If you find something that you want to sell you don’t have to put it in the news paper you can put it on the web where you would have a much better chance of selling it. My resource for this is www.ebay.com Another positive thing is if you need to