Preview

The Most Famous Online Marketplaces

Good Essays
Open Document
Open Document
651 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Most Famous Online Marketplaces
The Most Famous Online Marketplaces
A few decades ago, the ideas of shopping online were not as popular as today. People talked about it as an unsecure method of shopping. Nowadays, it becomes a new trend of shopping. For most people, it’s the fastest and cheapest way to buy all the thing that they need. They just need to access the Internet with a computer, and then they can easily do the shopping online at anywhere and anytime. As the result, thousands of online shopping websites were born. However, it is not easy to find a reliable website. Therefore, I’m going to evaluate three famous online shopping websites: eBay, Amazon, and Rakuten base on the designs, products, prices, and payment security.
First of all, eBay is the world's largest online marketplace and a global phenomenon. Regarding the design, the main layout color is the white accent color combination blue. It is a minimalistic and consistent style which makes eBay website unique. On the homepage, we can find not only daily offers, but also the recommended products for our own references. Moreover, sellers are coming from all over the world, so eBay’s products are plentiful and fairly priced. Shoppers can find everything from electronic devices, books, clothes, to the automobiles. For instance, it’s not hard to find an Apple iPhone 5 for sale with a reasonable price. Most people care about online safety because we use our payment information to check out, so the security of the website is another important feature. In my opinion, everyone can absolutely trust eBay. It uses PayPal as its default payment method; the PayPal payment process prevents third parties from stealing personal information and credit card information. eBay takes care our security and privacy very seriously.
Talking about online shopping, we can’t forget to mention Amazon, a competitor of eBay. At the first glance, we can’t neglect the similarities in the layout of those two websites. Its main color is white, but Amazon uses
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case Study EBAY
    • 460 Words
    • 2 Pages

    Case Study EBAY

    eBay is one of the world's largest online marketplaces, and allows users to buy and sell in nearly every country on earth; PayPal enables individuals and businesses to securely, easily and quickly send and receive digital payments; and eBay Enterprise enables omni-channel commerce, multichannel retailing and digital marketing for global enterprises in the U.S. and internationally.…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Gilb Essay
    • 541 Words
    • 3 Pages

    Gilb Essay

    The advancement of the technology and the rapid raise of the social media have revolutionized the life-style. The boom of E-commerce has taken the whole World by the storm, and as a result people all over the globe are entertaining the idea of the online shopping. With the internet reaching at the every door step, the trend of the online shopping will only increase. As the conventional shopping is the timing consuming task and requires whole lot of effort, people are more open to buying on the web. With the blessing of the internet, consumer can avoid all sort of the trouble and buy just on the click of the button.…

    • 541 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Trader Joe's
    • 1605 Words
    • 7 Pages

    Trader Joe's

    Internet plays an important role in modern lives. More and more people like shopping online. The cost of online operation is low. Because of the…

    • 1605 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Better Essays

    Zappos, an Electronic Commerce Information System
    • 1654 Words
    • 7 Pages

    Zappos, an Electronic Commerce Information System

    With the development of new technology, people have changed the way they do things. From ordering movies and food, to shopping for merchandise, more and more customers are resorting to the internet to satisfy their needs. In order to succeed, companies must keep up with growing trends. Online shopping is one of the fastest growing trends nationwide. In order to provide this feature, companies must have the necessary system in place to provide accurate information such as prices,…

    • 1654 Words
    • 7 Pages
    Better Essays
    Read More
  • Good Essays

    Security Issues in E-Commerce Can Be Overcome
    • 646 Words
    • 3 Pages

    Security Issues in E-Commerce Can Be Overcome

    In this document I am going to explain the security issues that every e-commerce possible faces and how to overcome them.…

    • 646 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Unit 12 P6 Business Level 3
    • 341 Words
    • 2 Pages

    Unit 12 P6 Business Level 3

    When it comes to online marketing there are many risks an individual can face when it comes to purchasing online. As this generation is all about technology most things that are set up online require personal information for example New Look requires its customer to set up an online account to purchase items. This may make the customers wary, as they wouldn’t like to become a victim of fraud due to payment security being an issue.…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Ecommerce: Shopping Cart
    • 1518 Words
    • 7 Pages

    Ecommerce: Shopping Cart

    A shopping cart is a piece of software that acts as an online store 's catalog and ordering process. Typically, a shopping cart is the interface between a company 's website and its deeper infrastructure. Contrary to popular belief among merchants, an online shopping cart does not process credit card payments (Parker, 2010). Instead, shopping cart software serves three other main purposes. First, it allows merchants to setup and manage online sales processes such as adding products, inventory management, order fulfillment and customer data collection (Parker, 2010). Second, it acts as the ordering interface for the customer allowing him/her to add/remove products from the shopping cart and checkout (Parker, 2010). And lastly, it communicates the payment information to the payment gateway which encrypts the data and sends it to the banks for authorization (Parker, 2010). Shopping carts come in two forms: 1) Self Hosted Software – This type of shopping cart is a dedicated piece of software that is hosted on the retailer’s own server (Parker, 2010). There are several varieties of licensed carts that range from open source free carts to proprietary packages that can cost thousands of dollars (Parker, 2010). Merchants who choose to host their own shopping carts are also responsible for securing their server and software against data theft which is a costly ongoing task (Parker, 2010). Generally, self hosted shopping carts are only advisable for mid-to-large online retailers that have someone dedicated to maintaining the security of the website (Parker, 2010). 2) 3rd Party Hosted Software – Also known as an Application Service Provider (ASP), this type is shopping cart is hosted on the ASP’s secured servers and integrated with the retailers website using code snippets, JavaScript and/or API connections (Parker, 2010). Generally, 3rd party hosted shopping cart…

    • 1518 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    Ebay: “the World’s Largest Online Marketplace”- a Case Study
    • 3985 Words
    • 16 Pages

    Ebay: “the World’s Largest Online Marketplace”- a Case Study

    J.Gopalkrishnan* V.K Gupta** Abstract eBay, Inc. is the largest and most popular marketplace on the Internet, allowing members to buy and sell almost anything. Launched in 1995, about 147 million people now use eBay. An estimated 430,000 people in the United States make all or most of their living by selling on eBay. eBay’s online payment service, called PayPal, enables transactions nearly anywhere in the world. eBay proclaims “trust” between buyers and sellers as the key to the success of the marketplace. eBay is the “The world’s Online Marketplace”, which is its positioning statement, and it means many things about the company’s identity. It enables trade on local, national and international basis, with a diverse and passionate community of individuals and small businesses. eBay offers an online platform where millions of items are traded each day. The objective at eBay was to “to develop the work ethic and culture of eBay as a fun, open and trusting environment and to keep the organization focused on the big picture objectives and key priorities. The company market capitalization had surpassed that of even Amazon.com, making it the “world’s most valuable Internet retailer”. Pierre Omidyar, founder, is focused to achieve excellence in strategic management for improving the company’s strategy, sustaining the company’s growth and business performance, and potentially expanding from online auctions into general “etailing”, and to become “the world’s largest online mall”. This research paper intends to study the click and click business model of eBay, whose competitive advantage lies in its pure play strategy, a breakthrough from the traditional brick and mortar model, which leads to sustainable growth and a competitive edge over the other retailers. Keywords: Online marketplace, etailing, work ethics, online auctions/platform/mall Introduction: eBay establishes itself as the “The world’s Online…

    • 3985 Words
    • 16 Pages
    Powerful Essays
    Read More
  • Better Essays

    Risk Management Trends
    • 886 Words
    • 4 Pages

    Risk Management Trends

    The use of e-commerce is becoming more widespread especially in terms of conducting financial transactions via the Internet. Many businesses (retail and professional) are transitioning to selling and providing services on the Internet. Merchant account companies like PayPal provide a platform for products to be sold, shipping and handling paid, and consumer purchasing conducted at virtually any location at anytime. More consumers are turning to ecommerce to pay for essentials in life like insurance premiums and utility bills. The benefits are efficiency of sell, whereas the negative is the growing potentials of threat. This trend poses future challenges for the management of risk. With these types of…

    • 886 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Ebay Strategic Analysis
    • 1773 Words
    • 8 Pages

    Ebay Strategic Analysis

    According to the world internet usage and population statistics in 2006, North America was shown to be about 70% penetrated in terms of internet usage, whereas the world’s biggest market, Asia, with more than half of the world’s population, was only 11% penetrated. In addition, Asia was witnessing a tremendous growth in internet usage due to rising affluence and globalization. Bolstered by these statistics, Asia is definitely an area of vast potential for eBay to exploit.…

    • 1773 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Better Essays

    Ebay -- the Largest E-Business
    • 952 Words
    • 4 Pages

    Ebay -- the Largest E-Business

    eBay is an online auction and shopping website where people and businesses buy and sell goods and services world wide. eBay’s mission statement is, “pioneer new communities around the world built on commerce, sustained by trust, and inspired by opportunity (Chaffey, Dave).” As the world’s largest e-business, eBay has various to avoid the risk of fraud, such as PayPal and “Trust and Safety Programs”. The cost of access the largest online marketplace in the world is extremely low. “The vast majority of eBay’s revenue is for the listing and commission on completed sales. For PayPal purchases an additional commission fee is charged.” eBay thinks highly of the interaction between buyers and sellers. eBay released a social media called Neighborhoods in which buyers and sellers can discuss brands and products they have a high involvement with. eBay announced the Detailed Seller Ratings (DSRs) in 2008. It significantly increases the conversion rate by increasing positive shopping experiences. Generally, eBay’s objectives are to increase the registered users; increase the active users who are the sellers, bidders, and buyers on the eBay marketplace; increase the volume and value of each transaction. At the same time, three defining approaches increase the growth of eBay marketplace. First, increase the number and size of categories within the marketplace. Second, formats for interaction. Third, “delivery specific sites localized for different for different…

    • 952 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    The Security Threats Of Online Shopping
    • 4440 Words
    • 12 Pages

    The Security Threats Of Online Shopping

    Have you ever bought a book from Amazon, purchased a movie or a music album from iTunes, booked and paid for a hotel room or a plane ticket at Expedia, ordered clothes or cosmetics from the brand’s website, sold your unused stuff on eBay, ordered a fitness class with discount through Groupon? If the answer is yes, then you are an online shopping consumer. Online shopping is a form of electronic commerce which allows people to purchase and sell products or services over the Internet using a web browser. Besides using the desktop computers, online shopping also includes using the mobile phones, tablets and other devices which can connect to the Internet. Michael Aldrich, pioneer of online shopping, invented online shopping in 1979. His system only consisted of a modified domestic TV, a computer which can process real-time transaction, and a domestic telephone line. (It was not until 1994, when Netscape introduced Secure Sockets Layer, a kind of cryptographic protocols, into web browser, that people began to consider the Internet as a way to process transactions.) A order of a pepperoni pizza from the online pizza shop opened by Pizza Hut is the first known web purchase, which was took place in 1994(ENISA, 2010). Since then, online shopping started to grow.…

    • 4440 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Better Essays

    The impacts of TAOBAO(business to customer) on E-business in China.
    • 1655 Words
    • 7 Pages

    The impacts of TAOBAO(business to customer) on E-business in China.

    In the last few decades, an increasing number of consumers are willing to choose online shopping rather than traditional purchase methods, such as supermarket and mall. The website named TAOBAO is a newly developing online shopping website, based on business-to-customer(B2C). This system can be defined as one model of electronic business (E-business) and that includes “Selling individual products to individual buyers, usually on cash payment basis; retailing” (Businessdictionary, n.p.). Furthermore, as one of the most popular business forms, e-business usually refers to “…day-to-day business functions over the internet and/or other electronic networks such as electronic data interchange (EDI)” (Businessdictionary, n.p.). In other words, e-business is an application that all business activities are supported by information or communication technology. This essay attempts to show that price advantage, safety of e-business and a new evaluate system were brought impacts to E-business by TAOBAO.…

    • 1655 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    Different Types of Policy E-Commerce Securtity Measures
    • 10214 Words
    • 41 Pages

    Different Types of Policy E-Commerce Securtity Measures

    Electronic commerce is buying and selling of goods and services across the Internet. An e-commerce site can be as simple as a catalog page with a phone number or it can range all the way to a real-time credit card processing site where customers can purchase downloadable goods and receive them on the spot. Electronic commerce merchants can range from the small business with a few items for sale all the way to a large on-line retailer such as Amazon.com.…

    • 10214 Words
    • 41 Pages
    Powerful Essays
    Read More
  • Good Essays

    Ecommerce Case Study
    • 433 Words
    • 2 Pages

    Ecommerce Case Study

    The problem eBay is currently facing is trust issues. As eBay became an online middleman for buyers and sellers, these two parties would need to have a sort of trust in eBay so their money won’t be lost. EBay seems to have stifled these trust issues with a strict buyer protection program that incorporates a moderator into the mix to solve issues. The other issue is because eBay’s original business model was for online auctions, and with Amazon and other sites employing a one-click purchase, consumers want more fast paced instant purchases and less of auctions. Ebay currently employs a Buy it Now option on most items it sells to help cope with this desire.…

    • 433 Words
    • 2 Pages
    Good Essays
    Read More

Related Topics