eBay Inc. Managing Success in a Dynamic Online Marketplace

Introduction In September of 1995 Silicon V everyey software engineer capital of South Dakota Omidyar spent a long holiday spend paper the computer label for an Internet-based trading system in which buyers and sellers could free-base a unfeigned foodstuff price (eBay, 2005). Omidyars web post, ab initio c in alled sell Web and by and by renamed eBay, soon attracted a conclave of slew who used the site to trade collectibles like PEZ glass over dispensers, beany Babies, and antique figurines. At grade-end 2005, eBay boasted 135 gazillion registered users, including an estimated 430,000 users in the U.S. who were making all 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 yell for or listed items within the previous(prenominal) year worldwide get and selling goods worth to a greater extent than $40 single million million million this year (Meg Whitman chief executive officer eBay, 2005). No longer just a haven for trading collectibles, right away eBay.com is a place where you deal find just approximately anything as long as it is legal. While it is still seeming to find PEZ dispensers on eBay, it is to a fault possible to find automobiles, industrial equipment, computers, books, videos, furniture, houses, haunted wedding dresses, mooring bears, and more.

The power of eBay is such that in the United States, eBay is now estimated to report card 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 recent annual growth range in excess of 80%, eBay.com is unquestionably a successful, fast-growing(prenominal) global giant by any measure (Hoovers, 2005). Moreover, eBay is one of the Internets few unqualified ecommerce successes. until now eBays historical success, a build of analysts have expressed connect about... If you want to get a full essay, order it on our website: Orderessay

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