eBay Inc. Managing Success in a Dynamic Online Marketplace

Introduction In September of 1995 Silicon V everyey software engineer upper-case letter of South Dakota Omidyar spent a long holiday pass paper the computer cipher for an Internet-based trading system in which buyers and sellers could free-base a reliable mart price (eBay, 2005). Omidyars web situate, ab initio c anyed sell Web and later renamed eBay, soon attracted a theme of slew who used the site to trade collectibles like PEZ edulcorate dispensers, beany Babies, and antique figurines. At division-end 2005, eBay boasted 135 million registered users, including an estimated 430,000 users in the U.S. who were making every or part of their income by selling on eBay (eBay, 2005 pg. 257). In mid-2005, eBay reported that it had well-nigh cl million registered users including some 60 million active users who have press for or listed items within the foreg whizz year worldwide get and selling goods worth to a greater extent than $40 cardinal this year (Meg Whitman chief executive incumbent eBay, 2005). No longer just a haven for trading collectibles, forthwith eBay.com is a place where you raise find just almost anything as long as it is legal. While it is still believably to find PEZ dispensers on eBay, it is in addition possible to find automobiles, industrial equipment, computers, books, videos, furniture, houses, haunted wedding dresses, fracture bears, and more.

The power of eBay is such that in the United States, eBay is now estimated to news report for about 75% of all e-commerce gross revenue, excluding online travel and grocery sales (Meg Whitman CEO eBay, 2005). With a market capitalization of $54 billion at the end of 2004, and late(a) annual growth range in excess of 80%, eBay.com is unquestionably a successful, strong-growing global giant by any measure (Hoovers, 2005). Moreover, eBay is one of the Internets few unqualified ecommerce successes. until now eBays historical success, a make sense of analysts have expressed subsume about... If you want to get a full essay, order it on our website: Ordercustompaper.com

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