Word: ebay
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...internet, in all its democratizing, transparent, instantly gratifying glory, is fundamentally changing the rules of business. Bloggers are usurping the role of the media élite; eBay and Amazon are forever altering the relationship between buyer and seller; a single disgruntled customer with a website can ruin a company's reputation. Google, which now handles some 70% of U.S. Internet searches and has become one of the world's most trusted brands, sits at the nexus of these changes. If beleaguered captains of industry hope to survive in the Internet age, Jarvis argues, it's worth considering what Google might...
...September the town of Lewes in Sussex, England, issued the Lewes Pound - complete with a special-edition beer from Harvey's, a local brewery, to celebrate the introduction. There was an immediate run on the currency, limiting its circulation; Lewes Pounds were going for 35 pounds sterling on eBay. The organizers quickly went back to press and dealt with the situation. As Witt is the first to say, "Local currencies are not easy...
That's where Donahoe's tough love comes in. First, he's acquiring companies like Bill Me Later, a payment system, and Danish classified-ad sites that have synergy with eBay's brand. He's also re-evaluating whether to spin off Skype, the voice-over-IP phone-system acquisition that was Whitman's biggest mistake, not to mention a $1.4 billion write-off. eBay overpaid for a company that doesn't directly benefit the core business. Donahoe also launched a new search platform to better catalog the 120 million live listings...
...having a Buy It Now price for most products and has reduced the fees to list items, while taking a bigger cut if a product sells. "We've done exactly what our sellers wanted, and sure enough, they are listing a lot more," says Donahoe. "The selection on eBay has never been greater...
Next Donahoe clamped down on fraud to build trust to keep customers coming back. "In the Meg Whitman days, eBay didn't have any customer service," says Lindsay of Sanford C. Bernstein. "If something went wrong, it was tough luck, buddy." Today if a buyer pays for the transaction through PayPal--a payment company owned by eBay that has seen tremendous growth--the sale is guaranteed for the full price...