a foreign market with an unfamiliar culture is not for the weak‚ but the obstacles did not deter Ebay from attempting to jump into the Asia-Pacific region. The online auction site in South Korea‚ Internet Auction‚ is an eBay subsidiary. However‚ in Japan‚ Yahoo! beat eBay to the punch in introducing the country to online auctions. German media company Bertelsmann sells books and music to online Chinese consumers. And Amazon owns a majority share of Joyo.com Ltd.‚ a British Virgin Islands-based firm
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didn’t work for eBay; one of the main reasons was the dominance of Yahoo Auctions in japan. Since they are the first ones to get in the market‚ they have more experience of how to fit in the Japanese market and these leads to a series of things attract new sellers‚ which brought new buyers and according to Masahiro Inoue‚ president CEO of Yahoo Japan in auctions more buyers bring sellers (pg285). What really help Yahoo Auctions was through a joint venture called Softbank one of the largest internet
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online auction market against eBay in China. After four years of an intensive and expensive battle‚ eBay withdrew from China completely. In about 200 words‚ describe the advantages Alibaba.com might have had over eBay in this new market‚ and then describe the advantages eBay might have had over Alibaba.com. Be sure to discuss lock-in effects where appropriate. Alibaba has advantages over eBay. Alibaba is already well known in their country. Alibaba’s Fees were not charged for online auctions. Alibaba
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category within the marketplace provides product choice and caters for multiple demographic groups within the marketing mix. * EBay have demonstrated a use of technology to innovate the on-line retailing function. From first developing the on-line auction idea to challenging the status quo and use of technology within consumer transactions in order to make the EBay experience a customer focused and friendly one‚ this is to be introduced with the use of Skype technology to introduce a new interface
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community. Sellers listed items for sale‚ and buyers bid on items of interested which was automated using EBay’s listing system to arrange items by category and topic. Focused market segment was the collectibles and developed based on a traditional auction house. Since the foundation through February 1999‚ more than 186 million bids had been made on the over 50 million items for sale‚ resulting in more that $841 million of gross commodities sold with a seven-day average of approximately 800‚000 bids
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and the buyers that purchase the products from these sellers. All these buyers certainly have a strong bargaining power as they are needed to sustain the growth of eBay. Threat of new entrants Google‚ even though it is not in e-tailing or online auction is a potential competitor as it is a strong trusted brand that attracts traffic and has an excellent search system. It is even said that Google is actively pursuing a profitable combination of search and e-commerce that threatens both Yahoo! and eBay
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online person-to-person trading community on the Internet. Buyers and sellers are brought together whereby the sellers are allowed to list items for sale and buyers to bid on interested items. The items are categorized by topics‚ where each type of auction has its own category. eBay has both streamlined and globalized traditional person-to-person trading‚ which has traditionally been conducted through such forms as garage sales‚ collectibles shows‚ flea markets and more. This enables buyers to search
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Question Paper Integrated Case Studies - I (MB3J1): January 2009 Case Study∗ (100 Marks) • This section consists of questions with serial number 1 - 5. • Answer all questions. • Marks are indicated against each question. Read the case carefully and answer the following questions: 1.Till 2005‚ eBay EachNet was the leader in the Chinese e-commerce market‚ controlling more than half of it. But eBay EachNet soon lost its market leadership position to Taobao.com (Taobao). In this context‚ analyze the
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Cameron C. May History 130 Chapter 4: Pedestal‚ Loom‚ and Auction Block‚ 1800–1860 Visual Sources Essay: Godey’s Lady’s Book (pages 232–239). Question for Analysis: Look at the profiles of the true women from Godey’s. Notice their tiny waists‚ the composure of their hands‚ the elegance of their bearing. How do these and other details reinforce the message that women are unfit for the public sphere? The women pictured in Godey’s Lady’s Book show an ideal to which women aspired but in truth
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Why has Ebay succeeded as an online auction marketplace while so many others have failed? eBay was one of the first online marketplaces on the world-wide web. It was created as an online auction website‚ but it has now became the largest online marketplace that exists. eBay’s success truly created a pricing revolution by allowing buyers to determine what they would pay for an item; the result pleases both sides because customers gain control and receive the best possible price while sellers make
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