Ebay: SWOT Analysis Company Overview Ebay is an online auction site that was founded in San Jose, California. It was first founded as Auctionweb by its founder Pierre Omidyar (Gomes-Casseres, 2001)
Ebay has a strong, loyal customer base, developed largely through brand recognition and reputation for excellent customer service. Ebay's success is undoubtedly a result of its business model (Jones, 2009)
Ebay takes advantage of every opportunity to expand into a new and growing market, including developing nations and other countries. Ebay is currently working on forming alliances with major corporations such as Yahoo (Williams, 2007), Burger King and key computer manufacturers (Ebay Inc
The company's acquisitions are all designed to enhance the current service offering, and in doing so eBay hopes to not only drive membership growth but traffic growth and sales growth as well. eBay has been losing share over the years as other payment options have delivered technological superiority or have emerged to serve niches in the business (Asay, 2012)
With this move, Barnes & Noble effectively upped the personal stakes of the competition. Amazon loses what could be a major sales channel, but the bigger story is that its print publishing business is likely to be a success and remains a threat to Barnes & Noble (Bosman, 2012)
2. Amazon's IPO was offered at $18 per share, and quickly traded above that (Galante & Kawamoto, 1998)
Another announcement that eBay has made has been the purchase for $135 million the company Where. This company has a number of location-based services that eBay hopes will help to enhance the PayPal business (Huang, 2011)
eBay has struggled to maintain its market share, with revenue growing at a much slower pace and shareholders demanding change. eBay has responded by offering services to major retailers in need to liquidating merchandise and fixed price goods; these services take it into direct competition with Amazon (Kopytoff, 2011)
While many buyers will specifically use Amazon to comparison shop, many users simply use Amazon for convenience without shopping around. Prime users are believed to have a high level of brand loyalty and are less likely to shop around (Lee & Kucera, 2012)
One of the ways that it has fallen behind some rivals is that its interface is not optimized. Svpply is a company whose design and technology could change that, and could enhance the eBay experience in a way that drives greater demand (Rao, 2012)
Buying something as significant (and pricey) as a tractor or a precious stone has a lot of implications due to the fact that the buyer and seller are greatly separated from a geographical standpoint and the purchase is often executed (or at least partially secured by a deposit) before the buyer even sees or feels the product in person. As such, the normal protocols of how to execute the transaction at a high level are entirely different and eBay has had to adjust its practices and conflict resolution framework to protect both the buyer and the seller from harm (Diekmann, Roe & Batte, 2008)
One such spat was between eBay and MercExchange LLC. A pertinent question that came from that (and similar) cases is whether permanent injunctions can (or should) be used to stop patent infringement (Mulder, 2007)
The burden to report the sales tax has fallen on the buyer much more than the seller in a multi-state scenario. Several states have shifted the relevant laws greatly since this has become an issue over the last few years, but the buyer typically still bears the burden even if many politicians say that Amazon should be doing so even though it has no legal compulsion to do so (Yang, 2009)("Connecticut joins calls," 2011)
Customizing the registration page attracts new people, for example, join eBay, and be paid. EBay accommodates every person according to ones business preference (Morten, 2009)
Clay (2008) describes this group as informal, and they pose a threat to business because of member's freedom to experiment displaying a wide range of innovation. Online is a meeting place for people with similar thoughts these people meet online because it is the ideal place (Clay, 2008)
Notwithstanding the surprisingly good 1Q, EBAY shares are not attractive at current prices ($34) owing to the higher P/E, lower growth rate, and higher risk factors compared to Google, which would be the preferred investment in this sector. (Credit Suisse, 2011) References Argus, 2011, Analysts Notes, retrieved May 3, 2011 from www
When finalized in August 2011, this combination should serve to increase cross-selling opportunities, especially with larger merchants. (Hoovers, 2011) Through its subsidiaries and affiliates, eBay operates in about 40 markets worldwide through websites that are focused on Vietnam, Thailand, Taiwan, South Korea, Singapore, the Philippines, New Zealand, Malaysia, India, Hong Kong, China, and Australia in greater Asia/Pacific
In all, eBay does over half its business outside the United States. (S&P, 2011) Corporate Strategy eBay has stated its goal to create a truly global marketplace, providing a faster, easier, and safer trading experience for its users
However, there are a number of dimensions that can be varied in an auction to yield subtle but important differences in the process and outcome. (Rappa, 2005) On eBay, which deploys the open-cry or English auction but in digital form, users are aware of the identity and the bid of their competitors, and are thus urged to bid higher
It is handled virtually the same way, and it is also priced approximately the same. There are a few differences, however, such as the way that inventory is handled and the avoidance of the middleman (Lawrence, et al