Competitors are a special category of eBay's microenvironment's components. EBay's most important direct competitors are Amazon Inc., Google Inc., and Yahoo Inc. The companies are quite similar, they have similar sizes and number of employees, or quarterly revenues growth level. However, there is little threat of new entrants on the market, as eBay is at a very high level that is very hard to be attained by smaller new entrants, requiring substantial initial costs that are not available for smaller companies trying to enter on this market. However, eBay may have to deal with such issues in the Asian region, where the company is not as strong as it is in the United States.
EBay's macro-environment is consisted of the demographic, economic, technological, cultural, political, institutional, and natural environment. The economic environment is the most important one, for both the United States and the Asian region. Unlike the Asian unstable economic environment discussed above, the United...
E-businesses challenged create trust customers. People don't send money strangers . Read article: Mangiaracina, When considering a business model for you company it is highly important to pattern it on that of other successful companies that are also based online. Jeff Beer's article "Outlook 2011: The new dotcom boom" provides several case studies of online companies with robust business models that have proven records of success. The unifying factor of all
Human resources The first person employed by the company was Chris Agarpao and the first president hired was Jeff Skoll, in 1996. Ebay employs individuals with a large variety of skills, from technical to customer service. The number is increasing fast reaching 5 digits in 2005 and having a double digit growth. Considering that it is desirable to work for such a successful company, the personnel inflows are likely to be high and
Meg Whitman eBay, Inc. EBay is an online place in the internet where buyers meet sellers. Before the arrival of Whitman's as CEO of the company, the value given at EBay to its customers was very high as compared to any other website or working place. This is why EBay was often referred to as a site of the people, by the people and for the people. The values given to
Overstock.com The online environment today has created a world in which companies can become either massive or fizzle out without ever having been known to exist. It is often the case with massive companies that they tend to lose the individual touch within the quagmire of online sales, huge international workforces, and faceless customers. This has not been the case with Overstock.com. Although the company has grown exponential within the online
Although the failures seem un felt, the people behind the making of the software's feel their efforts were futile. Online networking tools affect communication of people in social groups by using social networks. There is a threat as people can communicate with whom they want and falling for fraud is easy. People can create powerful networks that serve other purposes, for example, networks that can solve crimes, or frauds
This researcher rejects the existence of online communities because computer mediated group discussions cannot possibly meet this definition. Weinreich's view is that anyone with even a basic knowledge of sociology understands that information exchange in no way constitutes a community. For a cyber-place with an associated computer mediated group to be labeled as a virtual settlement it is necessary for it to meet a minimum set of conditions. These are:
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