EBay is not a perfect competitive market, because competiters in that industry of online bidding firms can alter their services to be unique. A perfect competitive market must have all identical firms within it.
Amazon.com is not classified as an oligopoly; rather, it operates in a highly competitive market characterized by numerous players in the e-commerce sector. While it holds a dominant position in online retail, there are many other competitors, such as Walmart, eBay, and Alibaba, which contribute to a competitive environment. An oligopoly typically involves a few firms dominating a market, with significant barriers to entry, which is not the case for the diverse e-commerce landscape. However, in specific niches, Amazon may exhibit oligopolistic tendencies depending on the concentration of competitors.
eBay's competitive advantage stems from its strong brand recognition, extensive user base, and robust marketplace platform that facilitates buyer-seller interactions. Its unique auction model and diverse product offerings cater to a wide range of consumers, enhancing user engagement and transaction volume. Additionally, eBay's advanced data analytics and personalized recommendations improve user experience and retention. Together, these capabilities enable eBay to maintain its leadership position in the online marketplace.
A monopoly is when one firm has a controlling share in the market. As such he can set the price. eBay is a monopoly Amazon WAS a monopoly but is now simply an online retailer
A market is a platform or environment where buyers and sellers interact to exchange goods, services, or information at agreed prices. Examples include physical marketplaces like farmers' markets and shopping malls, as well as virtual platforms like Amazon and eBay. Markets can also be specific to sectors, such as the stock market for trading shares or the labor market for job seekers and employers.
Your best bet is to check Ebay for the current purchases on this item. The value is based on what the market is willing to pay for it.
As of July 2014, the market cap for eBay Inc. (EBAY) is $66,069,750,370.87.
Ebay is a another market place. They market their service as sellers.
It is competitive market everyday comes new things in the market. You can search on ebay and amazon and compare the price and features they provide. But now Asus x series laptop is cheapest laptop which comes with windows 8.
what is eBay market proposition? how this value proposition translate into marketing offer? how eBay have those markets generated demand?is this demand die from that found in market places? how does eBay build connections with its customer? how could eBay grow its share of customer? pleasekindly answer this all qustion? what is eBay market proposition? how this value proposition translate into marketing offer? how eBay have those markets generated demand?is this demand die from that found in market places? how does eBay build connections with its customer? how could eBay grow its share of customer? pleasekindly answer this all qustion?
ebay is an example of ____market
ebay
Places to buy an orange iPod nano include both Amazon and eBay. Both of these sites allow for users to purchase items with specifications including model and color, and eBay is full of competitive auctions so there is a chance to get the item for less than market value.
Some people would argue that eBay is the best auto dealer website. Although it is not specifically targeted at the automotive market, there are lots of automotive vehicles listed on the site which can be purchased at a competitive price.
They are online market place. They provided it that because of they can make proffit.
It means surface wear - for example a CD case with cosmetic wear still works perfectly well as a CD case, but maybe has some scratches on the surface of the case.
Inexpensive swimwear apparel on the market varies wildly, but there are certainly always going to be some available. Quality does correlate with price though; inexpensive swimwear can be found, but their quality will most likely not be the same as expensive swimwear. eBay and Amazon are websites that offer competitive prices from various sellers.
To have easy access over market