I have finished my graduation with a major in Economics. As Chron points out, “selecting a target market allows you to … Anyone trying to sell their product, old or new, always considers eBay. We also use third-party cookies that help us analyze and understand how you use this website. They focus on specific types of services while listing products, so it is a “service focused” kind of website. More than 70 percent of eBay’s traffic comes from the US. With 38. How to choose the right small business accountant? EBay has a very broad range of target market primarily because of the broad range of products available at its website. Best Buy Co., Inc. has implemented a result oriented work environment which enables the employees to work anywhere and at any time with a pre-defined objectives and achievement targets. It is said you can buy anything on eBay, from cars and computers to clothing formerly worn by celebrities. This email-delivery gift card can be sent anywhere with a simple click so you can send it as a last-minute gift to your friend or family member across the country. The product is the company itself, which facilitates Online Auction round the … Retail in general is becoming more lax about returns, but it sometimes feels like eBay wants to be the leader in something, and this is the something they have chosen. eBay Target Market: Internet users looking for shopping and other transactions. Creating brand awareness accomplishes a number of objectives for businesses that are seeking to increase revenues in the market place. The platform operates as a middleman for both consumer-to-consumer and business-to-consumer services. Your friends will drop off quickly if you have a lot of listiings and they keep seeing them. These cookies will be stored in your browser only with your consent. eBay Inc. (/ ˈ iː b eɪ / EE-bay, stylized eBay) is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. Message 3 of 3 1 Helpful Share Post. In other word, eBay generally target online auction and shopping communities. Types of buyers: The buyers are mainly collectors of unique and specific properties as the highest-grossing merchandise is antique and collectibles. eBay has approximately 167 million vigorous users and around 25 million sellers. For example, online platforms are among the channels considered in this part of the 4Ps. TARGET MARKET EBay has a very wide range of target marketing mainly because of the wide range of product available at it’s website. Even though eBay users are scattered across 190 different markets, the United States is clearly the company’s strongest market. When #eBay Target store pricing is out of sync with Target's online and B&M stores it just makes matters much worse. It manages 2 billion transactions per day. This website uses cookies to improve your experience while you navigate through the website. This category only includes cookies that ensures basic functionalities and security features of the website. With the addition of expanding its “eBay Valet” considered as professional service selling, the high-end clothing or accessories can be easily being sell out by pre-approved eBay sellers. TARGET MARKET EBay has a very wide range of target marketing mainly because of the wide range of product available at it’s website. The incentive credit is available to eBay sellers who are registered on eBay.com with a US address, enrolled in the eBay Partner Network, and meet eBay’s minimum seller performance standards.The incentive will be paid for Qualifying Transactions that are attributed to you for any of your listings on eBay.com except for listings in the Vehicles and Real Estate categories. Marketing experts concur that brand awareness in any industry gives a business an edge. That same year is also when EBay became a popular online website for customers to sell their treasures. Things You Can Do Now to Make a Meaningful Impact to Overcome Depression, Reminisce your Favorite Memories with Mac Photo Management Maxims. A high-level overview of eBay Inc. (EBAY) stock. Age range: The money spinner users of eBay are from the age range of 45 years and up. This is approximately when the craze of on-line shopping started. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. It is an online auction platform open for all. Get the data you need to manage your placement and shipping using comprehensive eBay and Amazon product research and insight tools from Algopix. com characterizes the highly sensibly competitive E-commerce sector. Yes, I agree 100%. It is around $100,000. EBay Target Market Report eBay Gift Cards and gift certificates can be used to purchase anything on eBay, and best of all, they never expire.