Date post: | 22-Dec-2015 |
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•Founded in 1995 by Pierre Omidyar.
•Generally known as Web Auction.
•25 Million Sellers all over the world.
•In 1998 Revenues of $4.8 Million.
•Revenues Shrank for the 1st time in quarter 1 of 2009 because of Amazon.
• Focus on secondary markets.• Ebays buying experience will
change.• Move away from the auction to
fixed-price Goods.• After overstock.com• Appears to investors but
small sellers are angry.• Eliminate low cost bulk sellers.
• Reduced posting fee’s.
• Lowered its listing fee’s.
• Adjusted its search ordering.
• Rolled out the rating system.
• Expansion on geography & scope.
• Continuing innovation to enhance the variety and appeal on the site.
• Diversified
Portfolio.
Skype•Provided voice communications services to help sellers and purchasers reach a price and conclude a transaction.
•In 2009 Ebay announced its plan to unload Skype.
•Receive new growth initiatives.
PayPal•Huge impact for Ebay.
•Brings additional transaction based fee revenue.
•Becoming the standard pay method.
•Aquired Stubhub.com
•Bought 25% stake in Craig list
•Purchased Kurant