7. Benefits: -
Reaching global market
No restriction on region to carry out activities
Organisation can sell products to customers from every corner of the world
Increase in customers, increase in revenue
Increase in profits for organisation
8. Benefits: -
Decrease in costs
Maintainance cost decreases as business is online
Reduces costs in establishing store front
Fewer employees required, decrease in labour costs
Decrease in advertisement costs
Inventory levels can be tracked online, decrease in inventory storage costs
9. Benefits: -
Effective customer service
Provides up-to-date information and description about products
Track spending habit of customers and provide recommendation about products
Easy communication between organisation and customers
Increase in revenues
Business is open 24 hours throughout year.
Fetches revenue throughout the year
16. Taobao
Taobao is the largest online retail network in the Asia-Pacific
region, founded by Alibaba Group in May 2003. Taobao is
China's famous online shopping retail platform, with nearly
500 million registered users, every day more than 60 million
fixed visitors, while the number of online products per day
has more than 800 million.
17. ebay
ebay was founded in 1995, and now eBay has 147.1 million
registered users, from 29 countries around the world sellers,
every day involving thousands of categories of millions of
pieces of merchandise sales, becoming the world's largest
electronics market. 2003 transactions amounted to 23.8
billion US dollars, net income of 2.2 billion US dollars.
18.
19. Compare positive effects
taobao
has a wealth of product introduction
https://world.taobao.com/
communication tools: Ali Want
account security settings
20. Compare positive effects
ebay
United States and Europe
ship by express delivery to the world.
Face to face transactions
22. Compare positive effects
ebay
United States and Europe
ship by express delivery to the world.
Face to face transactions
23. Negative positive effects
taobao & ebay
actual items may be some differences
Goods are damaged in the transport
Case : On 28 May 2003, an American District Court jury found that eBay was involved in patent
infringement and that the judgment of eBay was $ 35 million in damages. The jury found the plaintiff
MercExchange in 2001 that accused eBay of infringing three patents owned by the company's founder,
Then eBay appealed to the US federal court but was rejected and retained the original verdict. Until
November 2005, eBay appealed to the US Supreme Court until 2006, when the US Supreme Court
agreed to hear the case.
PayPal only US and UK