e bay presentation
DESCRIPTION
SJSU - Bus 119B Presentation - E-BayTRANSCRIPT
By: Linda Luong and Josh Tullo
TICKER SYMBOL
EBAY
SIZE
Market capitalization: 36.68 billion
Sales number/ revenue: 9.156 billion
Number of employees: approximately 17,700
Global presence: worldwide
FOUNDER
Founder and Chairman of eBay is named Pierre Omindyar
Founded on September 3, 1995
CEO John Donahoe Became President and CEO of eBay on
March 31, 2008 As President and CEO, Donahoe has
global responsibility for growing each of the company's business units, which include eBay Marketplaces, and PayPal.
In this role, he focused on expanding eBay's core business, which accounts for a large percentage of the company's revenues. Donahoe also oversaw a number of strategic acquisitions, including Shopping.com and StubHub.
During the three years he served as President of Marketplaces, revenues and profits for this division doubled
HEADQUARTERS eBay headquarters reside in San Jose, CA.
PRIMARY BUSINESS eBay is the world’s online marketplace It is a place for buyers and sellers to come
together and trade almost anything A seller lists an item on eBay, most
anything from antiques to cars, books to sporting goods. The seller chooses to accept only bids for the item (an auction-type listing) or to offer the Buy It Now option, which allows buyers to purchase the item right away at a fixed price.
In an online auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.
In a Buy It Now listing, the first buyer willing to pay the seller's price gets the item.
CHIEF COMPETITORS
Buy it now competitors Amazon Craigslist
Auction competitors WebStore OnlineAuction uBid
HISTORY
eBay was originally founded in San Jose, CA as AuctionWeb
One of the first items sold on eBay was a broken laser pointer for $14.83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser pointer was broken. In his responding email, the buyer explained: "I'm a collector of broken laser pointers."
They officially changed their name to eBay in September 1997 after their growth which hosted 2,000,000 auctions
INTERESTING FACTS eBay Slogans:
“Connecting buyers and sellers globally” “What ever it is, you can get it on Ebay” “Buy it, sell it, love it”
The most expensive item ever sold on eBay was a 405-foot, steel mega-yacht auctioned by the Fort. Lauderdale. The yacht was offered up for auction on eBay November 3rd, 2006 with a price of $85 million. The price paid your 50% deposit of the full purchase price of $168,000,000.00 total.
A 50,000-year-old mammoth was put up for sale in 2004 with a minimum bid set at US $250,000 by his Dutch owner due to lack of space, and sold for $61,000.
If eBay employed the people who earn all or most of their income selling on its site, it would be the second-largest employer on the FORTUNE 500, after Wal-Mart.
WEBSITE: EBAY.COM
ARE THEY HIRING? Yes, eBay is hiring in the U.S and international jobs such as:
Finance Project management Customer support Tech-software engineers
What are the 3 take away from this research that you want to instill to your peers? eBay generates revenue from various fees. The eBay fee system
is quite complex; there are fees to list a product and fees when the product sells (Final Value Fee), plus several optional adornment fees, all based on various factors and scales.
The company's current business strategy includes increasing international trade. eBay has already expanded to over two dozen countries including China and India.
For most listing categories, eBay sellers are permitted to offer a variety of payment systems such as PayPal, Paymate, ProPay, and Moneybookers