Comparing Amazon and eBay is really like comparing apples and oranges. The two, while appearing to be the same on the surface, are really nothing alike once the superficial labels are peeled off. eBay began as a C2C ecommerce site -- consumers selling to consumers. That gradually morphed into B2C as businesses (from big time car lots to small business owners) saw the advantage of posting items on eBay in order to boost sales. Amazon may appear to the untrained eye to follow in eBay's footsteps by offering a web-based platform where all sorts of sales strategies can be employed: C2C, B2C, B2B -- and yet Amazon's ability to dominate the online marketplace has not resulted in significant income -- at least not from this particular eBay-like niche. (Minus the platform, the two are not even similar in terms of how products are sold: eBay offers bidding and direct correspondence between vendor and customer; Amazon itself acts more as the middle man, allowing vendors to post on the site so that customers can shop). Amazon's core money-maker is in cloud services -- not in transactions between a vendor selling drapes to a customer, or a consumer purchasing books online, for example. Amazon is everywhere and is generally regarded for having ushered in the demise of the American mall -- the traditional brick and mortar store. eBay is not credited with this. Yet what money Amazon does make, is not generated via the platform that eBay essentially pioneered, though demand at Amazon is less price-elastic than among competitors like Barnesandnoble.com (Chevalier, Goolsbee, 2003). Amazon is carving out its own path -- behind the ecommerce facade. Yet, if Amazon is ever to be profitable, it has a long path forward.Synopsis
Amazon was founded in 1994 by Jeff Bezos, who began his ecommerce site by focusing on the top five products that could be sold via the Web: videos, books and CDs along with computers (hardware and software) were the keys. Thus, the site began as an online bookstore in the same way eBay began humbly as an online garage sale store in 1995 (its original name was Auctionweb). Thus, while Amazon envisioned itself...
AMAZON VS. EBAY eBay vs. Amazon Both Amazon and eBay have carved out significant niches in the online retailing world but they have done it strikingly different ways. However, despite these differences they are very similar in many ways including the legal, political and other struggles they face. This report will cover all of those in fairly deep detail. Topics to be covered will include a profile for each, stock performance in
history of amazon and a comparison to its major rival eBay. History of Amazon Started by Jeff Bezos in 1994, Amazon is a multinational electronic commerce company that is headquartered In Seattle, Washington DC, USA. The company also provides cloud computing servicers and produced the widely popular Amazon Kindle e-book reader and Kindle Fire tablet computer. It has separate retail websites for United States, Canada, United Kingdom, France, Germany, Italy, Spain,
Amazon.com A Strategic Assessment of Amazons' e-Strategies Amazon's remarkable ascent as one of the top online global retailers can be attributed to the foresight they had in creating a comprehensive distributed order management, Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and e-commerce series of systems. The many other e-commerce sites that rose quickly with massive infusions of venture capital just as quick exited the market, flaming out due to a lack
Amazon.com founded by the legendary Jeff Bezos was one of the pioneers of e-commerce phenomenon when it launched the world's biggest online book store. Thereafter it went on to upscale its business to offer music, software, office products, electronics, health products and much more. Although Jeff Bezos did not have enough experience about the dynamics of the retailing business, the exponential growth of the Internet made him envision a huge
THE SITUATION Amazon has quickly grown from an online retailer to a global platform for e-commerce, e-commerce hosting, cloud computing, logistics and 3rd party e-commerce services, in addition to its core business of online retailing. The multi-faceted success of Amazon can be traced to Jeff Bezo's prescient insight into the future of e-commerce to the foundational level. Mr. Bezos defined three criterion for choosing the location of Amazon's corporate headquarters. These
EBay is an online auction website, and pioneered this business model. eBay runs its website, in multiple countries, and acts as an intermediary for buyers and sellers. The company earns its revenue by charging for listings and taking a profit on transactions. eBay has 128 million active users around the world. It also owns PayPal, which is a leading online payment site. eBay was founded in 1995 and has remained
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