Amazon ebay BM

16
Could eBay consider an even more radical move similar to Amazon? Min Woo Woo Suk Clement
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Transcript of Amazon ebay BM

Could eBay consider an even more radical move similar

to Amazon?

Min Woo

Woo Suk

Clement

“ Pioneer new communities around

world built on commerce Sustained

by trust / Inspired by Opportunity ”

“ be Earth’s most customer-centric

company for three primary customer sets :

customers, sellers, and developers “ GOAL

3.5 3.74.8 5 5.2

7.5

1214

17.5

24.5

32

7

10

18

25 25 25.226

0

5

10

15

20

25

30

35

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Amazon eBayGMV in USA(Bilion USD)

Amazon eBay

.Revenue .Operating Income

.Net Income

32%27%26%

15%14%21%

Share PriceCAGR (2001 - 2010)

37% 6%

[Source: Cowen and Company (2011), Investment

Controversies Series : Amazon.com]

14 82

Notably,CAGRof 10% Per year

1995 1996 2002 2006 2007

1995 1996 2002 2006 2007

서비스종류 내용

“Amazon Webstore Service”

3.5 3.74.8 5 5.2

7.5

1214

17.5

24.5

32

7

10

18

25 25 25.226

0

5

10

15

20

25

30

35

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Amazon eBayGMV in USA(Bilion USD)

‘95

2011

'97 2010‘99‘96 2002

‘96

2002

2006

2006

2007

2007

‘99

“ get big fast “.

“ Enhancing Customer Convenience “

“ Fulfillment by Amazon(FBA) “

“Full suite of service”

“ Enhancing Customer Convenience “

“ Fulfillment by Amazon(FBA) “

“Full suite of service”

‘95

2011

'97 2010‘99‘96 2002

‘96

2002

2006

2006

2007

2007

‘99

“ get big fast “.

“ Enhancing Customer Convenience “

“ Fulfillment by Amazon(FBA) “

“Full suite of service”

“ Enhancing Customer Convenience “

“ Fulfillment by Amazon(FBA) “

“Full suite of service”

Move into IT Service

(SaaS, IaaS)

Contents

Distribution Eco-system

As Platform Tech & Infra

KindleMarket Place

* Expanding into Fixed-PriceSales (In 2000) : Minimize bargain time

*Adding “Buy-It-Now” Features(In 2000)

: Immediate purchase available*Storefront: Individual online store

Activation of C2C Market transaction, expansion of other internet transactions

Seller

eBay

Trading

Community

system

Buyer

Expansion of “Buy” Platform (Horizontal Expansion)

Enablers for “Buy”(Vertical Expansion)

Enablers for “ Mobile” (Move into M-commerce)

Sellers

e-Shope-Shop

Customer

Sellers

Buyer

Value Proposition

④Trend-Driven

③Customer-Driven

①Resource-Driven

②Open-Driven

System becomes more efficient with growth and enhancement

Jeff Bezos emphasized fast growth before competitors realize what they are striving for based on this model so that it becomes difficult for competitors to catch up later on