Ebay

E-Bay, once the leading e-commerce bon ton, went worldwide early in 2008 earning revenues of nigh 7.7 billion dollars a year. Despite success in the join States and opposite parts of the world, E-Bay has had many problems competing in the Asian foodstuff (mainly China and South Korea) due to several challenges. Global market is repairting more competitive with a continuously competitive pace. Countries such as China, Malaysia, and Brazil bring forth at late have become more aware of the competitive temper of international marketing opportunities. With the rising competition from sites such as Alibaba.com in China, there are only when 29% of gross sales going to E-Bay in these markets. These new local sites allow for merchants to controversy sale items for free. For most of these type of listings, E-Bay normally charges some considerate of fee. Of course anytime something is done for free there will be a downfall of income for companies charging for the same free services. With todays rescue there is an even greater reason for people to act to get the most as they post for as little(a) as possible. This is where the 4 Ps of marketing come in to play. The Product needs to be able to be in Place so that consumers can get it when they want it.

E-Bay can handle that, but they are charging certain fees which raise the damage for either the buyer or seller. Now a company that is allowing users to use their sites for free I believe would actually have to spend less to Promote their site because the people who choke using it will in turn tell other people about it. Almost like killing 2 birds with one stone. If that being the case E-Bay will lose because they will be spending more on promotion only to receive less traffic than competitors. Another thing that hurts E-Bay is the stunt woman items which make buying online less interesting. E-Bay is also in robustious competition with Gmarket (owned by Yahoo) and have fallen behind the curve. out-of-pocket to Gmarkets innovative ways of marketing some of... If you want to get a full essay, order it on our website: Orderessay

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