Ebays Blobal Expansion
INTRODUCTION
Internet has created unlimited market for online retailers and it became online shopping mall across the globe. Nowadays, the online retail is huge industry and one of the most successful companies is eBay. eBay was established in September 1995 by Pierre Omidyar as free auction website. Value of eBay is by providing person-to-person and business-to-business online market place. eBay provides internet market place for new and old goods, end-life products and second hand items, which might be difficult to purchase in retail shops.
The simply and flexible business model of eBay has helped to keep eBay on top online auction retailer, attractive buyers and sellers across the world. Part of eBay’s strategy is global expansion of its brand Hillis Petit 2006. International expansion began by purchased German website Alando in 1999 Module Handbook 2008. During six years eBay has established twenty-seven international websites. In addition for the first time in 2005 eBay had more registered international users than American Hillis Petit 2006.
The project is divided into two main parts. The first part discusses advantages and disadvantages eBay’s methods of entering new international market by acquisition opposed to “green field investment”. The second part assesses eBay’s playbook strategy.
Question 1:
Pros and cons of eBay’s policy by entering an international market by acquisition oppose to Foreign Direct Investment.
Nowadays, internet provides new bigger opportunities for online retail not only on domestic markets but on international as well. World Wide Web helps to minimize borders and creates new global market opportunities for e- retailers. Thus internet increases possibility for online retail companies, such as eBay, to become an international company. eBay was found in 1995 and only four years later eBay began its massive global expansion. eBay’s expansion was not its independent own decision but was partly caused by
Internet has created unlimited market for online retailers and it became online shopping mall across the globe. Nowadays, the online retail is huge industry and one of the most successful companies is eBay. eBay was established in September 1995 by Pierre Omidyar as free auction website. Value of eBay is by providing person-to-person and business-to-business online market place. eBay provides internet market place for new and old goods, end-life products and second hand items, which might be difficult to purchase in retail shops.
The simply and flexible business model of eBay has helped to keep eBay on top online auction retailer, attractive buyers and sellers across the world. Part of eBay’s strategy is global expansion of its brand Hillis Petit 2006. International expansion began by purchased German website Alando in 1999 Module Handbook 2008. During six years eBay has established twenty-seven international websites. In addition for the first time in 2005 eBay had more registered international users than American Hillis Petit 2006.
The project is divided into two main parts. The first part discusses advantages and disadvantages eBay’s methods of entering new international market by acquisition opposed to “green field investment”. The second part assesses eBay’s playbook strategy.
Question 1:
Pros and cons of eBay’s policy by entering an international market by acquisition oppose to Foreign Direct Investment.
Nowadays, internet provides new bigger opportunities for online retail not only on domestic markets but on international as well. World Wide Web helps to minimize borders and creates new global market opportunities for e- retailers. Thus internet increases possibility for online retail companies, such as eBay, to become an international company. eBay was found in 1995 and only four years later eBay began its massive global expansion. eBay’s expansion was not its independent own decision but was partly caused by