Revenue Model for Google, Amazon.com and eBay

Google's mission is to organize the world's information and make it universally accessible and useful. Google is now widely recognized as the world's largest search engine -- an easy-to-use free service that usually returns relevant results in a fraction of a second.Thousands of advertisers use Google AdWords program to promote their products and services on the web with targeted advertising, and we believe AdWords is the largest program of its kind. In addition, thousands of web site managers take advantage of Google AdSense program to deliver ads relevant to the content on their sites, improving their ability to generate revenue and enhancing the experience for their users.

GOOGLE

Revenue model 2007 (US$)
Advertising
~Google web	10,624,700
~Google network web	5787,900
Lisencing	181,400
Total revenue	16,593,98

eBay is the world's online marketplace; a place for buyers and sellers to come together and trade almost anything!Here's how eBay works:
A seller lists an item on eBay, most anything from antiques to cars, books to sporting goods. The seller chooses to accept only bids for the item (an auction-type listing) or to offer the Buy It Now option, which allows buyers to purchase the item right away at a fixed price.In an online auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.

eBAY

Revenue model 2007 (US$)
Transaction fees
~Market place	4203,340
~Payments	1401,824
~Communications	192,756
Advertising & others	171,821
Total revenue	16,593,986

Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.
Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.

Amazon.com

Revenue model 2007 (US$)
Sales
~Media	9242,000
~Electronic& Merchandise	5210,000
~Other	383,000
Total revenue	14,835,000

The History and Evolution of E-commerce

Ecommerce meant the process of execution of commercial transactions electronically with the help of the leading technologies such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT), which gave an opportunity for users to exchange business information and do electronic transactions. The ability to use these technologies appeared in the late 1970s and allowed business companies and organizations to send commercial documents like purchases orders or invoices electronically. Ecommerce became possible in 1991 when the Internet was opened to commercial use. Since that date thousands of businesses have taken up residence at web sites.


In 1984, EDI, or electronic data interchange, was standardized through ASC X12. This guaranteed that companies would be able to complete transactions with one another reliably.


During year 1992, the Mosaic web-browser was made available; it was the first ‘point and click’ browser. The Mosaic browser was quickly adapted into a downloadable browser, Netscape, which allowed easier access to electronic commerce. The development of DSL was another key moment in the development to of e-commerce. DSL allowed quicker access and a persistent connection to the Internet.


During 1994, Netscape released the Navigator browser in October under the code name Mozilla. Pizza Hut offered pizza ordering on its Web page. The first online bank opened. Attempts to offer flower delivery and magazine subscriptions online.


In 1995, Jeff Bezos launched Amazon.com. History of ecommerce is unthinkable without Amazon and Ebay which were among the first Internet companies to allow electronic transactions. Amazon.com, Inc. is one of the most famous ecommerce companies. It was founded in 1994 by Jeff Bezos and was one of the first American ecommerce companies to sell products over the Internet. Ebay was founded by Pierre Omidyar as AuctionWeb. Dell and Cisco began to aggressively use Internet for commercial transactions.


In 2000 a great number of business companies in the United States and Western Europe represented their services in the World Wide Web. At this time the meaning of the word ecommerce was changed. People began to define the term ecommerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services.
History of ecommerce is a history of a new, virtual world which is evolving according to the customer advantage. There would be a glorious future of ecommerce in the 21st century. In the foreseeable future ecommerce will further confirm itself a major tool of sale.

Related link
http://www.ecommerce-journal.com/

→ Fishpond's success ←

America has its own famous dotcom company, need not me to further introduce, who does not know Amazon.com or eBay.com? Yahoo! and Google have also subsequently made the e-commerce business a great success. But have you guys heard about the fishpond.com? Certainly you would not think it is some kind of online fish market, won’t you?

Similar to Amazon.com and the rest that I have mentioned, fishpond.com.au is the Australia’s largest online bookstore that sells all kinds of books, CDs and DVDs. It is founded by Daniel Robertson in 2005. With its global headquarters located in the Auckland, New Zealand and also the satellite offices in Melbourne and Perth, this online bookstores has successfully enter the e-commerce market and stands out from the crowd. What are the competitive advantages it holds in order to feed the growing market? Let’s explore for more details.

A good customer services, efficient and wide variety of choices would have earn the trust and loyalty of its customers. In the context of e-commerce, fishpond.com has done it in a nice way with innovations. For example, it provides special features like cash rewards, a loyalty program that allows users to write the product review in the webs and the first reviewer will earn a $0.20 credit each time for future purchases.

Besides, the launch of ‘Sell Yours’ program in 2005 enable the public users to sell their own products through Fishpond's high traffic site. This move diversified the supplier base for many products, giving shoppers greater choice. It allows independent authors and other motivated sellers to offer their products on sale and also second hand items that must be priced at least 10% lower than listed price. It benefits the customers because they can get lower price than other bookstores offers.

Want to buy music CDs but not sure you like it or not? Fishpond’s sample music allows users to listen to short clips of each track on the CDs. So customers can have the privilege of listening to the music first whether they like it or not before they order. Besides its global shipping destinations enables customers from all around the world to purchase online. Any enquiries will also be entertained by the dedicated help desk team via email. Therefore, they can understand the customers well.
Other than that, the method of payment is equally important for the company. With the multiple payment methods, shoppers are not restricted to credit card payments, they can use Paypal, bank transfer and cheque as well.
Fishponds.com has make itself successful by providing shoppers with all kinds of unique features that makes online shopping even more easier than u think. That’s the ‘secret weapon’ every dotcom company must have to make e-commerce a success.

Screenshots of the homepage of fishpond.com.au :

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Greetings to all!

My Name is Thong Chee Leng or you all can call me sherry...I'm studying in UTAR Sg Long, Major In Accounting. I came from Ipoh to study, it is so sad to leave all my family members in Ipoh, but it's a good thing as they support me all the way for my study. My family consists of both of my grandparents, my parents and my only sister which is super energetic. I have a very happy family, and i love my family very much. My hobby is to have a rest.. or easily we could say .. "sleep".. =p.

@@@@@@@@@@@@@@@@@@@@@@@@@@@~

I love to make new friends from all over the world. That is the reason why i have joined a few community website, such as :
> http://www.friendster.com/
> http://www.facebook.com/
> http://www.zorpia.com/
> http://www.hi5.com/

There, i got to know a lot of friends, talking to them when i'm sad,happy and so on. It is a good place to expand my network.

Besides sleeping and making new friends, i always spend my free time to online, and download all the latest movie and songs such as :

~www.baidu.com

~www.sougou.com

It is much more convenient and save me alot of money although it is illegal.

I enjoy sightseeing and traveling very much. My dream is to go and visit all the beautiful place all around the world with my love one. So far, i've went to Thailand, Singapore, Indonesia, and Korea. Waiting for another semester break to have another meaningful holiday to Tokyo, the biggest city in Japan with my family. (>.<) . Japan is said to be a very beautiful place. I've made some research online, it says that Japan consist of over 3000 island making it an archipelago, which means a chain of island. I would love to visit Tokyo, as it is a very historical, beautiful, and because Shibuya, one of the fashion centers of Japan, particularly for young people is located in Tokyo. I have done all those research by search engine which i often visited, which is www.google.com.

That's all about me for now, if you would like to know more bout me, do add me in one of those community website. see you soon!!.. MuAckzz(^@^)

.... little Noisy girl here....><

I was born in a peaceful night in year 1987 in Ipoh, Perak. My name is Chong Choi Voon, with a nickname called Hippy. I am now 21 years old, as a simple and happy girl. I am taking the course of Bachelor of Commerce(HONS) Accounting at University Tunku Abdul Rahman . I am a plain girl but my mind is vibrant. Thanks god that deliver a happy family to me, which is a biggest gift in my life from god. I was treated as the apple of my family’s eyes since childhood, that’s why I have the obligation to love my family more than anyone else. My friends always say I am a brilliant girl because I always bring happiness to the people around me.

I have a lot hobbies like travelling, swimming, shopping, reading newspapers and etc. Travelling is now my favorite hobby. By travelling, I can visit different places of interest; I can also learn about others state or country’s people and history. But I can’t always go travelling now as I am having university school life now. I had to spend more times on my studies so that I can pass with flying colors which will not disappoint my family. Cycling was my hobby before but now is not anymore. It is because I always get chased by dogs whenever I cycle. It made me hate cycling in my life already.

The top 5 websites I always search for are as follows:-
http://www.chinapress.com.my/ -Visiting the chinapress.com, I can update with what is happening in Malaysia and other countries.

http://www.googles.com/ -When I need to do research for my assignment or my studies, or to search for any new images or wallpaper to decorate my computer background.

http://wble.utar.edu.my/ - While wble.utar.edu website is the place where I have my e-learning, and get the information that updated by the lecturer.

http://www.gougou.com/ - I love to watch drama, that’s why gougou.com is important to me, without this website, I can’t download the movie that I want to watch.

http://www.tgv.com.my/ - I always go to visit the website of tgv.com.my to check for the recent movie, so that I can have an enjoyable moment in the cinema during the weekend period with my friends.

I always set goals in my life, which is the right way that I want to walk along. I hope to pass with flying colors in my exam, hope to find a good job after I graduate, hope for bright future, to look for a beloved boy, to live happily together with my family and my friends in hostel. I hope that I can achieve all the goals that I set so that it will not just become only my dreams in my life.