ebayFINALCOPY

ebayFINALCOPY - eBay Fine-tunes its strategy its eBay...

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eBay Fine-tunes eBay Fine-tunes its strategy its strategy
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eBay Company History The first and most successful internet auction business The company now sells a staggeringly diverse array of goods and is one of the world’s most recognizable & well known websites Founded in 1995 by Pierre Omidyar and was originally known as AuctionWeb eBay has come a long way from its first sale, a broken laser pointer Mushroomed into a gigantic electronic marketplace hosting 25 million sellers all over the world
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eBay Today eBay’s numbers have been slowing down for years In the very same quarter in which eBay logged 85.4 million visitors, the company’s revenue shrank for the first time in the company’s history The biggest cause for eBay’s weakening outlook is the same area of the company that propelled it to stardom: its online auction business
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4 How does eBay Online Auction work? eBay is an online auction service that allows users to sell merchandise and prospective buyers to place bids on a wide variety of items The time of the auction can last anywhere from a few days to a few weeks. Throughout the duration of the auction, bids are accumulated. At the end of the auction, the bidder with the highest bid is then awarded the item
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eBay uses MIS to pass information back eBay uses MIS to pass information back and forth with: and forth with: Skype Skype ProStores ProStores StubHub StubHub Craigslist Craigslist PayPal PayPal
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Reference:  http://www.google.com/imgres?imgurl=http://paymentsviews.com/wp- 3/11/ebay-analyst-day-paypal-world- prev=/images%3Fq%3Debay%27s%2Bpaypal%26hl%3Den%26biw %3D1308%26bih%3D560%26gbv%3D2%26tbs 59&tx=163&ty=51&ei=UwaTTILrD4H6lwewgsmrCg&oei=HAaTTITQJ8PflgeCg
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This note was uploaded on 08/09/2011 for the course MIS 101 taught by Professor Pinjanir,awadzi during the Spring '11 term at Delaware State.

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ebayFINALCOPY - eBay Fine-tunes its strategy its eBay...

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