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  • Introduction EBay

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    Iqra Tanveer
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    EBay has become a popular global platform for both consumer-to-consumer and business-to-consumer e-commerce. It provides buyers and sellers a place to trade goods online and allows companies to expand their reach without middlemen. To sell on eBay, one simply needs to register for a seller account, list items with photos and pricing, track listings and transactions, and ship items after receiving online payment through PayPal. Porter's five forces model concludes that the most important benefit of the internet for business is providing an online marketplace where buyers and sellers can meet and negotiate. This includes reducing the bargaining power of suppliers and buyers through product differentiation and loyalty.

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    E-bay Introduction

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    EBay has become a popular global platform for both consumer-to-consumer and business-to-consumer e-commerce. It provides buyers and sellers a place to trade goods online and allows companies to expand their reach without middlemen. To sell on eBay, one simply needs to register for a seller account, list items with photos and pricing, track listings and transactions, and ship items after receiving online payment through PayPal. Porter's five forces model concludes that the most important benefit of the internet for business is providing an online marketplace where buyers and sellers can meet and negotiate. This includes reducing the bargaining power of suppliers and buyers through product differentiation and loyalty.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    94 views3 pages

    Introduction EBay

    Uploaded by

    Iqra Tanveer
    EBay has become a popular global platform for both consumer-to-consumer and business-to-consumer e-commerce. It provides buyers and sellers a place to trade goods online and allows companies to expand their reach without middlemen. To sell on eBay, one simply needs to register for a seller account, list items with photos and pricing, track listings and transactions, and ship items after receiving online payment through PayPal. Porter's five forces model concludes that the most important benefit of the internet for business is providing an online marketplace where buyers and sellers can meet and negotiate. This includes reducing the bargaining power of suppliers and buyers through product differentiation and loyalty.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 3

    EBay introduction:

    As a result of the Internet, numerous new little and medium-sized undertakings (SMEs) have
    emerged and have profited by new instruments and plans of action. For B2C and C2C web-based
    business, eBay has gotten mainstream around the world. This paper gives a contextual
    investigation to clarify the impacts of eBay and the instruments that advance the eBay
    experience. EBay became the true gathering place for both C2C and B2C internet business
    purchasers and dealers around the globe[ CITATION DeV07 \l 1033 ]. Not exclusively does the
    overall population have an approach to trade overflows, however organizations today can
    effectively create online appropriation habitats to widen their compass and sidestep mediators.
    EBay business model:
    The going with four phases portray the ease of the eBay strategy. They are taken clearly from the
    selling guide at eBay.com
    Register: Enlistment is free and just takes several minutes. To begin selling on eBay, you need to
    enroll and make a vendor's record. To enroll as a seller, simply snap the SELL interface at the
    most noteworthy purpose of any eBay page, and subsequently click 'Sell Your Item'.
    Sell Your Item Form: the easy-to-follow Sell Your Item Form guides you through the way to a
    productive thing posting. Simply enter all the experiences with respect to your thing, including
    esteem, portion procedure, conveying cost and a photo[ CITATION DeV07 \l 1033 ]. Pick PayPal to
    enable online portions from your buyers.
    Track Your Items: each eBay customer has his/her very own page called 'My eBay' to follow
    activity – especially accommodating if you have more than one thing accessible to be bought or
    if you are both selling and offering on a couple of things.
    Payments and Shipping: around the completion of a compelling posting, you will get an email
    notification including your buyer's conveyance address and portion method. At the point when
    you get online portion certification from PayPal or a check or money demand, you may send
    your thing.
    Five forces of competition is the analysis of Porter. From this model we can conclude that the
    benefit that is most important in Internet is to provide the online meeting where purchasers and
    buyers can meet and bargain[ CITATION DeV07 \l 1033 ]. Force model for the competition in
    business strategies:
     Power of bargaining of buyers
     Power of bargaining of suppliers
     Conflict between the existing competitors
     New entrant threat
     Substitute services and product threat.
    This model is basically the strategy for making the product of one person monopoly in its unit
    and making the supply of company as a tough competition in market. Thus these five objectives
    of model can be summarizes as:
    Reduce the power of bargaining of suppliers by finding the good alternative substitute goods and
    suppliers.
    Reduce the power of bargaining of buyers by differentiating and avoiding the tough competitions
    of products, or build the loyalty of customer while having goods that is better than other
    competitor’s goods[ CITATION DeV07 \l 1033 ].

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