Question

What strategies eBay is driving and what technologies it uses to support them?

Answer 1

*****Please please please LIKE THIS ANSWER, so that I can get a small benefit, Please*****

Technologies:

Implementing online trading needs plans for businesses to combat such risks. We will prioritize creativity, as invention is the aspect that is impossible to emulate by other firms. It is a new service and includes a new way of doing business: buying and selling in real time. With the help of IS, EBay is creating new marketplace markets; it is a disruptive technology for local shops. Buyers can launch and sell their product more quickly with the Internet, and attract large customers compared to classic auction. Through internet access, sellers can get to know the latest news and information from around the globe in just a wink of time. People can start a company or by using the eBay website to get rid of things. The Internet portrays an opportunity for benefit. Another downside of SIS is that eBay has no inventory and cost savings. In fact, it is the first on-line sale that reflects a market advantage.

Strategies:

Cost Leadership — The company delivers the product at the industry's lowest cost. In reality, it is no longer necessary to provide eBay to buyers and sellers to do business on the Internet with a physical presence in the market. They pay no to be present or to be transported. So, eBay offers virtual room and online services and reduces people's prices. There is no inventory on eBay since its consumers buy the goods without storage and delivery thus raising their costs.

Growth Strategy — EBay Marketplace has a strong online platform for selling goods and services and offering regional pages in the following countries such as Asia Pacific, Africa, North America and Latin America; Moreover, other languages such as English, French, Spanish or Chinese are imported into the eBay's sites, which allows for externalization and connectivity for many nations.

*****Please please please LIKE THIS ANSWER, so that I can get a small benefit, Please*****