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eBay: connecting Internationally slides by Simon (BUBT)
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Transcript of eBay: connecting Internationally slides by Simon (BUBT)
Welcome To The
Presentation Session
Case StudyOn
eBay: Connecting Internationally
Group Name : D` dominatorz
No. Name ID Intake
01. Simon Haque [Group leader] 08 09 21 01 018 18th
02. Rubel Rana 08 09 21 01 012 18th
03. Md. Selim 08 09 21 01 008 18th
04. Md. Batchchu Mia 09 10 31 01 156 22nd
05. Muhammad Redwan 07 08 31 01 092 16
Summary
QuestionsFor
Discussions
1. What are the forces shaping the development of Internet businesses like eBay in the United States? How are these forces similar or different in other countries, such as Japan, China or India?
2. How do the text’s terms “customization” and “customerization” apply
to eBay’s marketing strategy? 3. How does eBay create value for the members of its community? 4. What marketing recommendations would you make to eBay to help it
be successful as it enters the Chinese and Indian markets?
SolutionsFrom The Study
SIMON HAQUEID: 08 09 21 01 018
Intake: 18th
Question-1: What are the forces shaping the development of Internet businesses like eBay in the United States? How are these forces similar or different in other countries, such as Japan, China or India?
The forces shaping the development of Internet businesses like eBay in the United States:
Digitalization and connectivity.Customization and customerization.The explosion of the internet.New types of intermediaries.
Digitalization & Connectivity
Customization
New types of intermediaries
The explosion of the internet
Internet Business(eBay)
Attractiveness to investors in internet
related business
Other factors: Geography Population
population Density
Private and foreign
investment in internet product
and services
Political ideology: Govt. regulation and involvement in internet development
Usefulness and ease of the use of the internet
business (eBay)
Development in technology
Ability and willingness to use
the internet business
Availability and price structures of IT
infrastructures, products and services
Economic factors: Income level
income distribution
Diffusion level Diffusion pattern
Consequences and adoption: Economic Political Cultural
Education and other cultural factors
International and global forces
MD. SELIMID: 08 09 21 01 008
Intake: 18th
Question-2: How do the text’s terms “customization”
and “customerization” apply to eBay’s marketing strategy?
At first, we have to know what customization is and what customerization is.
Customization: Delivering marketing offers which is based on individual customer needs.
Customerization: Combination of operationally
driven mass customerization with customized marketing in a way that empowers consumers to design the product and service offering of their choice.
eBay’s customization: From the beginning, the functions of eBay were customized. Because the software was programmed in a way by which a buyer can easily choose a product which s/he wants to purchase by clicking the category of that product.
eBay’s customerization: Normally, eBay doesn’t follow the customerization strategy. Because the customers (members) have to follow that system which software is programmed by the eBay. There is no chance to fix the terms and conditions by the customers. Although the system is ever upgraded by eBay for gaining the customer satisfaction as well as revenues.
RUBEL RANAID: 08 09 21 01 012
INTAKE: 18th
Question-3: How does eBay create value for the members of its community?
Segmentation:
Divide the total market on the
basis of Internet users.
Targeting:
Select the segments that are eager to buy and sell on the online marketplace.
Differentiation:
They differentiate their market offer from the others by implementing auctions, “Buy-it-now” pricing system etc.
Positioning:Taking position of the market offerings in the mind of the target customers.
Create value for the
community
MD. BATCHCHU MIAID: 09 10 31 01 156INTAKE: 22nd
Question-4:What marketing recommendations would
you make to eBay to help it be successful as it enters the Chinese and Indian markets?
In Chinese and Indian market eBay couldn’t able to make the desired turnover. For being successful they might take the following steps:
Venture: They may venture with the other
online business site like it in those countries for being more available.
Trading practical item: In china and India people hurried to the site to trade practical items like cellular phones. So they make available this type of practical product on the site.
Reduce formality: Without create an account one can’t enter to this site. So, after reducing this formality, people will know this site better from previous and will be transferred to the actual customers from the potential customers.
Promotional activities: They can advertise in the popular site such as facebook, yahoo!, skype, bing etc. it also may set billboards on the busy roads or take the sponsorship of international game like IPL for becoming more popular.
Reduction of fees: As the promotional activities, firstly they may reduce the entry fee and closing fees in those countries.
Thank youAll
For yourKind
Attention
Any Question???
Goodbye