Essay About Closest Competitor And Key Success Factors

Ksf Of Ebay
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Key Success Factors: The factors that are a necessary condition for success in a given market.
PINPOINTING INDUSTRY
KEY SUCCESS FACTORS
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KEY SUCCESS FACTORS (KSFs) spell difference between
Profit & loss
Competitive success or failure
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A KEY SUCCESS FACTOR can be
Specific skill or talent
Competitive capability
Something a firm must do to satisfy customers
eBay KSF:
A niche and pioneer player in the internet market, enjoying first mover advantage.
Closest competitor is Amazon.com; nevertheless, the firms cumulative profits remain negative since inception.
eBay’s revenue generated through listing service, whether or not a successful transaction occurs.
Sustenance, growth and profits through global diversification.
PayPal, a secured online payment system was acquired by eBay, which account for more than 50% of payments at eBay.
PayPal threw Citibank’s C2IT and Yahoo’s PayDirect out of business by 2004; Thus generating more profits per transaction.
Continuous upgrade and adaptation to technological and security needs has made a eBay a safer and trusted “market place”.
A powerful combination of commerce, communication and community that enhances traditional