Online auction business model

About Saffronart.com Saffronart.com is an innovative online auction firm started by Minal and Dinesh Vazirani in 2000 who are both alumni of Harvard Business School. It is one of the first of its kind of auction website in India and it focuses on auction of modern and contemporary Indian art. The company started off with selling arts in the Indian market but later expanded geographically and extended its offerings including the prime real estate which is the latest addition. It is considered to be

When developing effective business strategies, organizations must thoroughly analyze both the internal and external environments in which they operate (Hill, Jones, & Schilling, 2014, p. 11). This analysis will enable them to pinpoint those elements that threaten their current and future profitability as well as those elements that offer the potential to increase current and future profitability (Hill, et al., 2014, pp. 44-45). The external environment analysis specifically looks at the industry

Introduction Amazon and Ebay are two well-known brands of online shopping sites. They have evolved and grown from small firms to the giants of e-commerce today. In this essay, a comparison would be made between the two firms. Questioning the types of business models Amazon and Ebay’s have employed and how they have evolved over time, the driving factors of change, and finally the future outlook of each firm help distinguish the trails both firms made to become the two leaders in the market of

INTRODUCTION Trade me is one of the top most online trading site in New Zealand. Where people buy and sell online. It is a leading online marketplace and advertisement display area .Sam Morgan is the founder of trade me site in the year 1999 and within a short period it became one of the major online trading site. The automotive, real estate and employment businesses for new and used goods, with the price fixed for the sale, to be held from the auction. There are many categories in trade me like

this system, after a buyer commits himself/herself to an online transaction, his/her payment is held in an Alipay account until he receives the product ordered. After the product is received the buyer notifies Alipay and the payment is then forwarded on to the seller. As of December 2006, Alipay had 33 million registered users. (Source: “Alipay - 33 Million Registered Users,” www.imnewswatch.com, February 5, 2007) PayPal was a leading online payment company purchased by eBay in mid-2002. In June 2007

Date : May 9, 2013 Strategic Management SWOT analysis of eBay Company : eBay Inc. Introduction eBay is an international online marketplace with a global customer base of 233 million. It is a multibillion business operating in 37 countries. There are millions of items listed on eBay, including antiques, toys, books, computers, sports and electronics, amongst many others. In this assignment, I will perform a SWOT analysis of the company, then I will outline the strategies pursued by eBay

offers round the clock customer service since people conduct business over eBay round the clock. Next, there is a moderate threat of substitute services. More and more offline companies are tapping on the vast potential of the online market through the creation of their online retail sites. For example, if someone wants to get a Dell computer, he may choose to go to Dell’s online store to purchase it. However, the uniqueness of the online auction site is that almost everything under the sun can be listed

----------------------------------------------------------------------------------------------------------------- 3 eBay’s Business Model ---------------------------------------------------------------------------------------------------- 3 Strategic Issues and Analysis ------------------------------------------------------------------------------------- 3 - 5    Competitors Challenge

stores, as well as a large variety of online retailers. Due to this complex competitive industry, eBay must concentrate on many competitive factors such as: ability to attract buyers, volume of transactions and selection of goods, customer service, system reliability, brand recognition, and many others to keep their edge. The bargaining power of buyers is low because the seller sets the prices of the products and because a majority of the sales are in an auction platform. This gives eBay and the

Introduction to EBay EBay which is a management that allows people from all over the world to buy and sell items, auctions and shopping online. EBay was founded on 4th September 1995 and by name Auction web of Pierre Omidyar in California. People can sell goods on EBay over the network. As an online auction site, eBay created a buyer but also the seller of unprecedented business model which was C2C mode. EBay has differences from traditional marketing because e Bay make a