Preview

Amazon and eBay

Better Essays
Open Document
Open Document
874 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Amazon and eBay
Question 1
What are the business benefits to Amazon and eBay of opening up some of their database to developers and entrepreneurs? Do you agree with this strategy? Why or why not?
Amazon and eBay have opened the database doors to thousands of developers and entrepreneurs since 2002. They realized very quickly the benefits of this, which was once thought of as risky experiment. A database is a collection of information organized in such a way that a computer program can quickly select the desired pieces of data. It is therefore seen as an electronic filing system. Databases are categorized into Hierarchical, Relational, Object-oriented and Multi-dimensional Networks. Traditional databases are organized by fields, records, and files. A field is a single piece of information, a record is one complete set of fields and a file is a collection of records. For instance, a telephone book. It contains a list of records, each of which consists of three fields: name, address, and telephone number.
Both Amazon and EBay has benefited by opening the doors for entrepreneurs and developers to tap into their data warehouses by:
When the company opened its data vaults in 2002, with the support of the very first project - Amazon Web Services, entrepreneurs, developers and businesses have tapped into the data. With this data, they began building money making Web sites, new online shopping interfaces, and innovative services for thousands Amazon’s independent sellers. eBay joined in with Amazon shortly thereafter.
In doing so, they can interact, build and expand existing business partnerships with other companies. Opening and sharing databases has unlocked the possibility of what is believed to be the Web’s great new beyond. This is an era in which online businesses now operate as an open-ended software. This means platforms can now accommodate thousands of other business selling symbiotic products and services. The rise in open databases and Web services goes even further such

You May Also Find These Documents Helpful

  • Better Essays

    Amazon.com is a publicly traded worldwide online retail company founded by Jeff Bezos on July 5, 1995 in Seattle, Washington. The company originally began as an online bookstore as Bezos felt there was a high demand for literature, and books had a low price point and a huge selection of titles available in print. Technological innovation drives the growth of Amazon.com to offer customers more types of products, more conveniently and at lower prices. Since 1995, Amazon has significantly expanded its product selection, international retail websites, and worldwide network of fulfillment and customer service centers. Today, Amazon retail websites offer everything from toys and video games to MP3 downloads and collectible items (amazon.com, 2014). Amazons business model is fairly simple; to sell various products and goods online at an affordable cost to consumers. Amazon has managed to not only achieve this business model but they have also managed to consistently expand and become the largest online retailer to date. To keep up with global demand, Amazon had to expand its products and services offered while continuing to forecast consumer’s needs. “In 2000, Amazon.com began to offer its best-of-breed e-commerce platform to other retailers and to individual sellers. Today, hundreds of thousands of world-class retail brands and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform. Partners work with Amazon Services to power their e-commerce offerings from end-to-end, including technology services, merchandising, customer service, and order fulfillment. Other branded merchants leverage Amazon.com as an incremental sales channel for their new merchandise. Over 2 million third-party sellers participate in Amazon where they offer new, used, and…

    • 891 Words
    • 3 Pages
    Better Essays
  • Better Essays

    In planning their business, Amazon had to take into account all internal and external factors to avoid catastrophic troubles while beginning their company. The same concept holds true, even today. Internal and external factors affect the planning, organizing, leading, and controlling (four functions of management) functions of management involved in the successful and continual growth of Amazon’s company. Their company began as a planned rival to Google and Microsoft, for lead in the online retail industry. With their original focus, Amazon used four different key values to help their business off-the-ground, and stay focused on their personalized progress. Their ability to zone-in on customers, dynamic pricing, personalized service, and brand variety was their plan for success (Amazon, 2011). It became a primary goal for Amazon to make their customers’ online shopping experience easier and more enjoyable while supplying dynamic pricing options and the convenience of a ‘one-stop’ retail ordering system. The business model of Amazon included selling books, compact discs, movies, electronics, and games. Currently, Amazon has the largest online retail selection because it extends its inventory out to offer home goods,…

    • 1179 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Amazon is a company we all know and love. The company is widely known for its online retail shopping, it’s popular Kindle Series with e-bookstore, along with their cloud and order fulfillment services amongst many other things. Amazon has become a great example of a perfect collaboration system and utilizing all of its information systems. With the vast history of Amazon we can begin to ask certain questions that would help understand Amazon and its continual success in innovating: How does Amazon, as a company show their ability and willingness to collaborate, experiment, perform systems and abstract thinking? These questions and more will be further explained in this case study.…

    • 1735 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Amazon Ceo Strategy Project

    • 4794 Words
    • 20 Pages

    Amazon is rapidly evolving and it is intensely competitive, and competitors in different industries are attempting to break into this business. These competitors include retail, e-commerce services , digital content and digital media devices, and web services. Many of Amazon’s current and potential competitors have far greater resources, longer histories, more customers, and greater brand recognition. This is a challenge to Amazon’s operation where competitors might have more viable abilities to aggressively…

    • 4794 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Ebay

    • 1442 Words
    • 6 Pages

    One important thing to note is that eBay only provides the platform for buyers and sellers to meet.…

    • 1442 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Amazon 5

    • 5773 Words
    • 24 Pages

    The online retail industry engages in the selling of final products to end users through e-commerce. One of the most well known companies in this industry is Amazon which specializes in three major product and service groups: web hosting, digital content, and tangible product items. The web hosting service provides resources on which to host web applications. These resources include Amazon elastic computer cloud, Amazon simple storage service, Amazon relational database service, Amazon Simple Data Base, Amazon Cloud Front, Amazon Simple Queue Service, and Amazon Mechanical Trunk. These resources provide IT infrastructure services to business on a demand based need. Amazon’s digital content consists of portable e-reader content including books, newspapers, magazines, and blogs. It also includes a digital instant streaming video service and downloadable audio and music files. Amazon’s tangible product retail services are known as Amazon Marketplace, which provide final products to end users through e-commerce. This sells fixed price items and allows third party sellers to market new and used products from the same platform for a fee based off the final sell.…

    • 5773 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    Database Environment

    • 1121 Words
    • 5 Pages

    A database defines a structure for storing information and it collects information that is organized in such a way that a computer program can quickly select desired pieces of data. A database can also be thought of as an electronic filing system. Data and information are extracted from a database by creating a query and then submitting it to the query database management system (DBMS) and it is posed in a language that only the DBMS can understand. The query can be in the form of a question or just a keyword and once these queries run against the database, it will find a matching record (Reynolds, 2004) .…

    • 1121 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Ebay vs Amazon

    • 2137 Words
    • 9 Pages

    In a world where trade is increasingly becoming digitalized online, there are new and challenging strategies emerging. This essay aims to analyze and determine these strategies. Considering the example of eBay and Amazon, their business models and their multi-sided platforms, we can compare them to decide which strategies work in this market and how, in the future, they can keep a competitive edge as the market continuously changes. However, as Amazon and eBay have eventually crossed paths in an attempt to expand in the ecommerce market, the question persists whether the market is big enough for both. This essay will look at how eBay and Amazon have evolved their business structure and how changes in the market have caused both firms to reconsider their core strategies and growth strategies.…

    • 2137 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Amazon.Com Essay 23

    • 1996 Words
    • 8 Pages

    Amazon.com was a venture into an emerging market of internet and had to face hidden and unexpected hurdles in order to survive and excel in the market. Therefore, Amazon.com kept modifying its strategies with their focus on enhancing customer experience of online shopping and to delivery exceptional services with complete convenience to their customers. One of the major strategic decisions was to compromise on cost saving stragegy when Amazon.com started to maintain its own warehouses in different countries in order to ensure timely and accurate delivery to their customers…

    • 1996 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Amazon Swot Analysis

    • 406 Words
    • 2 Pages

    These strategies allowed Amazon to obtain its competitive advantage over its rivals, as it’s a unique and utilize the existing distribution channel and IT services advantages…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Amazon technology is another strategy that the company is capitalizing to up-scale its control of the market. Information Management (IM) and Customer Relation Management (CRM) solidly support Amazon business strategy. In the year 2005 Amazon boasted of having three largest Linux databases in the world. These databases had capacities of 7.8 TB, 18.5 TB…

    • 1101 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Amazon Analysis

    • 827 Words
    • 4 Pages

    By allowing businesses to sell their products on Amazon.com customers are provided with more options. This allows the sellers to increase the number of goods they have for sale and inventory. When buyers can get new or used products from one place, the customer relationships between the buy and the preferred and loyalty will increase.…

    • 827 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    This report has been designed to identify Amazon's strategy between 2007-2010 and also to pinpoint the company's strategic capabilities. Internal and External analysis reveals Amazon's position against its competitors as well as sources of value creation and cost reduction in its value chain.…

    • 5324 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Jeff Besos

    • 6468 Words
    • 26 Pages

    In just over a year Amazon.com proved that Bezos’s vision was revolutionary as the revenues reached $15.6 million by the end of 1996 and Amazon became the most successful e-retail bookstore on World Wide Web. After that Amazon.com has seen tremendous growth every year and now it serves customers in more than 160 countries of the world and offer products in a very wide range. Amazon.com now offers products in categories like books, electronics, computer software and hardware, mobile applications, fashion apparels, grocery, health and beauty, movies and music, kids and baby toys etc. (Kalpanik & Zheng,2010)…

    • 6468 Words
    • 26 Pages
    Good Essays
  • Good Essays

    The Amazon.Com

    • 937 Words
    • 4 Pages

    2.) Who are the likely competitors of Amazon.com in the future? How can the company ensure that it can compete effectively in its diverse business?…

    • 937 Words
    • 4 Pages
    Good Essays