Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
EBay has been developing applications for popular devices like the iPad and the iPhone along with specific sections dedicated to clothing, electronics etc. which indicate a positive step towards the future (Donahoe, 2010). Since EBay has its revenues coming mostly from North America and Europe (48% and 41% share respectively), any future decisions made need to be keeping customers from these places in mind (Conneally, 2009).
Conclusion
The performance of EBay has seen several stages of improvement since its launch. The minor weaknesses can be overcome by formulating an approach targeted towards them. These include strengthening the methods to deal with phishing using the EBay brand name, introducing a better content filter to identify undercover illegal auctions and a fair shipping estimator to protect the customers from getting cheated. The international aspect of EBay can be concluded as being both as a good and a bad thing. While it allows users in North America to access merchandise from other parts of the world, solving an international dispute can be pretty arduous. Incorporating SWOT analysis is a reputable way of identifying the possible threats and future issues. It allows the employees to continue using the successful strategies while working on the ones which fail. EBay has done a good job in associating...
The fact that it has maintained its status among the leaders of the online shopping business, even though hundreds of other websites have come up, is worthy of praise.
References
(2006, 19 December).Brief Introduction of eBay, Inc. Retrieved from http://english.cri.cn/3126/2006/12/19/
Valasek, R. A Brief History of eBay. Retrieved from http://www.life123.com/technology/internet/ebay/history-of-ebay.shtml
(2010, 25 May). The Powerful Advantages of Ebay. Retrieved from "http://onlineprofitable.com/ebay/the-powerful-advantages-of-ebay
(2009, 12 March). Ebay: The Top 11 Disadvantages. Retrieved from http://blog.cashforlaptops.com/tag/ebay-disadvantages
Segal, J.(2009, 13 March). Ebay's future lies in payments not auctions. Retrieved from http://www.telegraph.co.uk/finance/breakingviewscom/4986056/Ebays-future-lies-in-payments-not-auctions.html
Conneally, T.(2009, 12 March). A future for eBay that's solidly on the back burner. Retrieved from http://www.betanews.com/article/A-future-for-eBay-thats-solidly-on-the-back-burner/1236883500
Donahoe, J.(2010, 6 June). John Donahoe on the future of eBay. Podcast retrieved from http://tamebay.com/2010/06/john-donahoe-on-the-future-of-ebay.html
A Systematic Review of Online Auctions for Fund Raising by Non-Profit Organizations Background Its origin dating back to Babylon in 500 BC auctions account as one of the oldest forms of price determination mechanism in the markets. Auction is negotiation protocols that entail simultaneous bidding with the price determined bidders and products or services allocated based on competition amongst potential buyers (McAfee, 2017). Classifications of Auctions There are four major classifications of auctions formats in
MARKET ANALYSIS & PRODUCT INNOVATION Market Analysis and Product Innovation: Facebook Inc. In an increasingly competitive environment, business organizations must remain innovative. They must deliver offerings that resonate with the ever changing needs of the consumer and the operating environment (Akbar & Tzokas, 2013). This often calls for product innovation, which has been marked as a crucial driver of competitive advantage in the contemporary marketplace (Song & Chen, 2014). Nonetheless, product innovation
Technologies The one thing that clearly defines our modern world is technological revolution. People around the globe stand to benefit from manifold advantages of technologies in all realms of our personal and professional lives. While the opponents of this great technological revolution have some very valid and sound arguments in favor of their stance, I personally believe that no technology can ever be solely negative in nature, it all depends
Tail Economics Book Analysis: The long tail. How endless choice is creating unlimited demand In the past, economics' was dominated by vendors that sold a large quantity of only one or two items. The Internet has changed the shape of product offerings. The new economic model, first made popular by Chris Anderson in an article published in Wired magazine, examines the new economic model. This model is based on each vendor
Overstock.com Understanding e-commerce is very important, especially for companies that are focused on providing online shopping and ordering to their customers. One of those companies is Overstock.com, which also goes by its shortened name of "O.co." Companies like Overstock do a great deal of business on the internet, and in order to be successful they have to understand the value of what they are doing and how to relate to the
External and Internal Environments for Amazon External and Internal Environments Two segments of the general environment Everything being equal, it is the primary objective of any company or business to gain a bigger market share, grow, affect its bottom line, and be successful. In order for the business to accomplish its goals, the business should deal with all its stakeholders who include suppliers, employees, shareholders, customers, competitors, and society. A business will encounter