Ebay analysis Essay -- essays research papers

The name eBay (http//www.ebay.com) is synonymous with online auctions. Founded in September 1995, the company qualifies as a genuine cultural and economic phenomenon (Bunnell, 2000, p.vii). The site can be credited with creating and defining an entire industry and has remained the dominant force in the online auction world, with anywhere from 70 to 90 percent of the person-to-person online auction market. eBay is alike the 15th most visited site (http//www.MediaMetrix.com) on the web. In the face of large competitors such as eBay, internet powerhouse, Amazon.com Auctions (http//www.amazon.com/auctions), is battling for online auction dominance over eBay. Amazon is not just a bookseller but also a genuine e-commerce platform for online merchants. With the addition of online auctions to its already colossal department store, Amazon is a major pseudo for online auction supremacy. eBay is able to condense over four million items into thirteen main categories that argon quite user frie ndly (ApnaGuide.com, 2000). They are easily navigated and buyers are able to find what theyre looking for without any troubles. Whereas Amazon.com Auctions can get a bit category crazy. Not only do some categories manufacture needlessly rough (Jewellery), while others are just too general (Tools), but sometimes there is no clear division between subcategories. Take, for example, theme Accessories, Home Appliances, and Household Items in Home & Garden, where buyers book multiple places to look for the same type of item and might miss an auction in which they would have participated. Just to demonstrate the popularity of both sites, below are three searches that were conducted Search Item Throwing CoppereBay 30 results, 7 of which had bids, highest number of bids 2Amazon.com Auctions 1 result, of which 0 had bidsSearch Item the matrix dvdeBay 41 results, 28 of which had bids, highest number of bids 14Amazon.com Auctions 38 results, of which 1 had bids, highest number of bids1Search Item the hobbiteBay 146 results, 65 of which had bids, highest number of bids 10Amazon.com Auctions 21 results, of which 0 had bidsFrom a buyers perspective, with inventory and selection, eBay stand in a league of their own. Browsing the site for items, youll find everything from baby strollers and rubble from the Berlin wall to cutting-edge mobile phones and talkin... ...Amazon.com AuctionsInventory 4/4Inventory 4/4Bidding 4/4Bidding 2/4Functionality 3/4Functionality 4/4Ease Of Use 4/4Ease Of Use 3/4Reference ListBunnell, D. (2000), The eBay Phenomenon, antic Wiley & Sons, Inc., CanadaFinancial Review (2001), eBay the online top dog, http//afr.com/it/2001/01/23/FFXRNPT09IC.htmlApnaGuide.com (2000), Review on ebay, http//www.apnaguide.com/review/12706Altavista.com (1999), Amazon.com Auctions Review, http//auctionwatch.shopping.altavista.com/awdaily/reviews/amazon.html