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Ebay facing its global expansion obstacles
Ebay facing its global expansion obstacles
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EBay in India
After being successful in china and learning its lesson while also improving their strategy they went ahead into the Indian market to look for expansion in the second most populated country in the world. EBay agreed to acquire Baazee.com for $50 million. Baazee was founded by two Indian-born Harvard graduates Avnish Bajaj and Suvir Sujan. During their college years in the U.S, eBay was taking off successfully in the U.S and so was the dot com craze. Baazee is very similar to eBay, in fact they called it the Indian version of eBay. It was the biggest operator in India for online auction. Baazee had more than 1 million registered customers, however India still remains a small Internet market compared to china and the U.S. Avnish Bajaj said in a statement “ Our local expertise combined with eBay’s global perspective will allow us to take e-commerce in India to the next level”.
CEO Meg Whitman mentioned that this step would help in expanding eBay’s international operations and also entering the Indian market (Nick, 2004)
After being successful in India eBay than introduced the EasyBuy service. It is an official program from eBay. EasyBuy allows Indian buyers to order items from international sellers and get them shipped to their address in India. If a buyer buys a good from eBay they then get it shipped to the address in India, the buyer is personally responsible for shipping, handling and custom duty tax. If the buyers buy the good from eBay India Global EasyBuy then the buyer does not have to worry about the shipping, handling and custom duty tax because the service includes all that. While using EasyBuy service the buyer does not have to go through the hassle involved in international shipping or worry about the pac...
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...mpany vision statement. There is more to the app market than just one-click payment solution (James, 2012)
Finally one very important thing that eBay should focus on is security. Going global means more and more complex knowledge-based work is required. EBay had many issues with security and breaches in the past. Malicious hackers have been attacking eBay’s network. EBay does its best to keep their security to the best possible level however that is not enough (Dan, 2007) personal information is very valuable and should not be compromised at any cost. If these security problems keep going on eBay will loose the trust of its customers. It is very important for eBay to keep in mind that as they expand their market, so should they also invest in the best security possible to avoid any incidents in future or the incident can become a barrier to success in future.
Facts of the Case: In 2008, Samantha Elauf applied for a job at Abercrombie & Fitch, Inc., who as part of their “Look Policy” prohibit the use of caps. Elauf, as part of her religious practice, wore a headscarf to the interview. She was interviewed by assistant manager Heather Cooke, who gave her a score that qualified her to be hired. Cooke, however, was worried that Elauf’s headscarf was against the store’s policy and called her district manager Randall Johnson. She informed Johnson of her belief that Elauf wore her headscarf because of her religion, and Johnson replied that headwear whether it was religious or not violated the “Look Policy” of the store. Elauf with the help of the EEOC sued Abercrombie on the grounds of religious discrimination. The U.S Equal Employment Opportunity Commission (EEOC) is an agency established by the government of the United States that imposes federal laws that make it
Best Buy was founded on technological advancement which at a time when people were not conversant with technology. The company identified this niche and capitalized on helping people with electronics. Consequently, the company realized that consumers were willing to pay in return of technical advice on their equipments. Greek Squad was the technical wing that was and is to date designated to customizing electronic equipments to customer specifications. In this case, technology comes hand in hand with the social aspect of the consumers wanting to keep up with the latest technology.
A little more than 10 years ago, China’s path to e-commerce leadership would have been difficult to foresee, even as the tech boom in the US and other markets saw the development of e-commerce as an important B2C and C2C channel.
This report will attempt to critically analyse and assess the internal and external factors which effected the strategic decisions made by eBay. These strategic decisions consisted of the acquisitions with Skype and PayPal coupled together with an analysis on why eBay failed may have failed in expanding their online presence in eastern parts on the globe such as China.
eBay needs to transfer its competitive advantage in the online auction industry into the area of
Bargain purchase occurs when a company buys an asset for less than its fair value in the market. This bargain purchase is also called negative goodwill. So it is a transaction that arises when a business must be sold because of the reasons like liquidity crises where the business does not have the liquid assets that are necessary to meet its short term obligations for example repayment of loans and paying bills. A bargain purchase is recorded as a gain in earnings in the period of acquisition (an asset of object obtained). But historically such bargain purchases were not clear in the financial statements until SFAS No. 141 introduced such shortcomings under Business Combinations. Previously, whenever the transaction of the amount by which fair value of net assets acquired exceeded the purchase price occurred, the term negative goodwill was used to reduce
EBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. In addition to its auction-style selling’s, the website has since expanded to include "Buy It Now" standard shopping; shopping by UPC, ISBN, or other kind of SKU, online classified advertisements, online event online ticket trading, money transfers like pay pal and other services.
...ndia’s GDP will bolster with the welcome of this initiative. Thus the Indian E-commerce industry is all set for flourishing in the future with foreign players entering into it.
The company also localized its fulfilment platform in India by introducing Easy Ship and Seller Flex. With the former, Amazon couriers pick up packaged goods from a seller’s place of business and deliver them to consumers. With the latter, vendors designate a section of their own warehouses for products to be sold on Amazon.in, and Amazon coordinates the delivery logistics. This “neighbourhood” approach is convenient for sellers and has benefited Amazon by speeding up delivery of some
This paper describes the various aspects of the Zappos case. The objective is to evaluate the depth analysis of the Zappos strategy. It enables to determine the Zappos strategy, business model & marketing strategy, and smartness of the Zappos acquisition.
Habitual decision-making is a process when decisions making are not very important to the customers with little or no effort spent in searching of information or evaluating alternatives. The customers will buy from the same store from the last time they bought. Store loyalty and brand loyalty are examples of habitual decision-making.
The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.
As American and European markets mature, Asia is turning out to be progressively appealing to businesses, particularly to e-business firms that flourish with global and scalable business models. Yet, barring markets like Japan, most global e-commerce players like Amazon, eBay and Expedia have yet to find in Asia the kind of success that they have enjoyed in their home markets. While late entry and local regulations partly explain their low market share in the region, these firms also face unique challenges in Asia due to diverse cultures, multiple languages and poor infrastructure. Given the rising significance of the Asian market, interest in the territory would seem to be a consistent step. But, it’s important not to forget that the international playing field, in respect of Intellectual Property, is exceptionally dynamic and competitive.
Overseas online shopping is defines as searching goods by the internet and then send shopping requirements by electronic orders. Convenient networks shopping system, the rising consumption and demand for foreign goods are all contributes to overseas online shopping. More overseas online shipping sites provided information including good classification and shopping guide, furthermore, it also provided overseas purchasing service directly. As an agent role, overseas online shipping sites want to make profit and apart from other competitors. Thus more online shipping sites increase sales by promoting and offering discount, which affect the demand of goods and equilibrium price of goods.
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.