Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Questions: 1.1 Apply the 5S's model to the eBay case study. Using examples from the case study, explain how eBay has used digital media to

Questions: 1.1 Apply the 5S's model to the eBay case study. Using examples from the case study, explain how eBay has used digital media to support its growth over the last few years. Ensure in your answer that you explain each element of the model in addition to illustrating the model with the examples from the case study. (30) 1.2 It is clear that eBay has used direct internet channels to support its growth. According to Geyskens et al. (2002) there are three main forms of demand expansion for an existing company when it adopts direct Internet channels. These are: 1. Market expansion - this occurs when new segments of customers are reached who did not previously buy in a category. 2. Brand switching - this is done by winning customers from competitors. 3. Relationship deepening - this is selling more to existing customers. Using the model above, explain the growth strategy eBay has adopted (using both direct Internet channels as well as traditional media) to ensure they have expanded their market, won customers from competitors and deepened relationships. (20)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business research methods

Authors: William G Zikmund, Barry J. Babin, Jon C. Carr, Mitch Griff

8th Edition

978-032432062, 0324320620, 1439080674, 978-1439080672

More Books

Students also viewed these Marketing questions

Question

=+ 4. How can policymakers infl uence a nations saving rate?

Answered: 1 week ago