Strategic Mangment

NAME : XXXXXXXXXX

TUTOR : XXXXXXXXXX

INSTITUTION : XXXXXXXXX

TITLE : STRATEGIC MANAGEMENT

E-BAY 2008

Introduction

E-Bay is a company that was formed by Pierre Omidyar born in French . He had a deep interest in computers and this led him to take up studies in computing of which he graduated with a bachelor 's degree in computer science . Later on he became a computer programmer with a great potential in the same field . At this time , online auctioning formed such a big potential market and was so lucrative . It is upon these grounds

that Pierre formed e-Bay company . This company came up with the modern person-to-person kind of online auctioning in the year 1995 . At that time , the company gained a sites (Eric 2004

By 1996 , the company 's customer base reached an all high with a big traffic being experienced on the company 's website hence e-Bay had to come up with much better ways of serving its customers . By this time e-Bay was rumoured to be the best provider of auctioning services globally particularly on hobbyists as well as bargain hunters and collectors and by late 1999 , e-Bay was having a customers as registered users . It was estimated that a than 370 ,000 clients were using e-Bay 's website each day and this showed the company 's potential . Commissions together with fees were hence paid to e-Bay by the companies using e-Bay services . In 2000 , e-Bay was the...