eBay Evolution Paper BIS/219 May 19, 2011 eBay is a technologically in advance(p) online store that provides ecumenical gravel to buyers and wanderers. eBay competes with online giants like Amazon.com and Walmart.com. eBay offers retail goods snitch directly by the owners of the good to consumers via the Internet. Both buyers and sellers are the consumers of eBays services. It is the largest auction off clearinghouse in the universe of discourse selling used goods and overstocked items. The plump for largest competitor in this food marketplace place is Craigslist. eBay allows retailers and separates to post their items on online and deal with buyers directly. Either through an auction period or direct buy. eBay non only provides income to an individual seller, hardly withal makes profit by charging their sellers a bung for each transaction. Examining the strategies discussed in the text book, a number of str ategies are appealing when discussing eBay. First, argue the cost leadership strategy.
In the market for second pop off goods, eBay may not offer the lowest cost. If I fix a cycles/second in my garage, perhaps the cheapest way for me to sell the bike is to come out a sign in my front yard or to tell friends that I am selling my bike. My cost to sell the bike is near zero. eBay is not cheap, because a seller mustiness pay a fee, but it does give the seller access to the institution wide market on the Internet. Differentiation is another(prenominal) possible strategy. Yet, does eBay offer differentiation from Cr aigslist? Yes, in that eBay is open to buyer! s world wide and on Craigslist they are listed by city. However, for large items that would be costly to ship such as my bicycle, the local market is the most viable. eBay is innovative. It was the first of the online auction houses, If you desire to get a full essay, order it on our website: OrderCustomPaper.com
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