SUPERBRANDS ANNUAL 2013 EBAY Superbrands.uk.com Brand History 1995: An online auction website is founded, AuctionWeb in San Jose, California, by French-born Iranian computer programmer Pierre Omidyar. He writes the code for what he calls an ‘experiment’, wondering what would happen if everyone in the world had equal access to a single global marketplace. 1996: Revenue tops US$10,000 in just Far from an online auction house, eBay is the world’s largest online marketplace, with over 100 million active users globally. It has more than 60 million live listings on eBay.co.uk, with over 17 million unique users visiting the site every month. Sellers of all sizes, including 190,000 registered businesses and more than 100 high-street retailers, use eBay as an additional sales channel to reach the UK’s largest online shopping audience. a single month. 1997: The AuctionWeb brand is replaced by the newly named eBay – hosting more than 200,000 individual auctions per month and a feedback star system is introduced. 1998: eBay expands internationally with sites in the United Kingdom, Germany and Australia. 1998: eBay launches the eBay foundation and lists shares on NASDAQ under the symbol EBAY. The personalisation tool ‘My eBay’ makes its debut. 2000: eBay starts the new decade as the number one ecommerce site and also acquires PayPal. 2001: eBay expands internationally with sites in Ireland, Italy, Korea, New Zealand, Singapore and Switzerland. Achievements eBay is a remarkably efficient marketplace, created by connecting individuals who wouldn’t otherwise be connected. It was the world’s first example of online social networking. While sceptics questioned whether people would trust doing business with strangers online, Pierre firmly believed that people are basically good, and that any issues would be worked out within the community. Since then, eBay has grown to have a presence in 39 markets (including partnerships and investments) with more than 100 million eBay.com users worldwide, trading more than US$2,100 worth of goods each second. Market Product eBay connects a diverse and passionate The online marketplace is a highly competitive Founded in 1995 in San Jose by Pierre community of buyers and sellers. and fast growing platform. Technology plays Omidyar, eBay is a global commerce Their collective impact on a pivotal role in shaping how people shop and platform and payments leader, Did You Know? ecommerce is staggering in the future will mean shopping becomes connecting millions of buyers Each month, eBay and increasingly it is mobile increasingly data driven and personalised. and sellers. eBay.co.uk is has around as many technology which defines The global retail market is in a period of owned by eBay Inc, which visitors in the UK commerce, with US$13 billion transformation – soon to be includes a range of brands as London’s Oxford of transactions on eBay mobile worth US$10 trillion globally that help consumers Street. in 2012 – more than double the – with consumers enjoying find and purchase the Did You Know? previous year. unprecedented levels of goods they want. eBay access and convenience. allows users to buy and The oldest pair of In 2012, eBay Inc. enabled more than eBay aims to place itself sell in nearly every country Levis in existence sold US$175 billion of commerce volume; 19 per at the centre of this on earth; through PayPal, which on eBay for US$46,532. cent of global ecommerce and almost 2 per consumer led revolution; enables individuals and businesses A woman’s handbag cent of total global retail. a brand that blends the to securely, easily and quickly sells on eBay every best of offline and online send and receive digital payments; three seconds. In 2002, the eBay community made it clear shopping and delivers and through GSI, which facilitates that they preferred using PayPal as an online products and experiences that ecommerce, multichannel retailing and payment method. So eBay acquired PayPal, define a new way of shopping. digital marketing for global enterprise. 45881_SBA2013_054-055_eBay.indd 54 30/01/2013 08:11 2003: eBay is listed as number eight on Fortune’s list of Fastest Growing Companies. which brought new efficiencies to ecommerce and redefined possibilities for eBay’s future. The company has since expanded by acquiring innovative businesses such as Shopping.com, StubHub, Bill Me Later and others, which have positioned the company as the global leader in ecommerce and payments. Recent Developments In an ecommerce world, eBay does not believe in limitation by locality, instead it supports consumer convenience – an ability to buy products anytime, anywhere – with the buying and selling experience made as simple as possible. As a brand, eBay is committed to revolutionising the way people shop, by providing consumers with a bespoke selection and new ways to assist in making choices that feel authentic and natural. With this in mind it has moved towards delivering a cleaner, more contemporary look, one built around intuitive and flexible ways to browse, decide and buy – both globally and locally – offering a new way to curate an individual shopping experience. 45881_SBA2013_054-055_eBay.indd 55 Promotion This new look and feel continues to roll out globally and includes a new brand logo, reflecting eBay’s ongoing evolution as a marketplace that connects the world – anytime, anywhere. eBay believes that the future of commerce is multi-channel – via any connected screen. Consumers want to be able to move seamlessly across devices, through any shopping environment; a laptop, a phone, a tablet or TV, a store window, kiosk, or fitting room – all recognising who the consumer is and what they want. This is eBay’s vision of how consumers will connect to the things they want and love, not online or offline, just shopping, anytime, anywhere. Brand Values Pierre Omidyar founded eBay on a simple idea: people are basically good. This fundamental belief created a completely new kind of marketplace, forever transforming ecommerce. Today these values continue to guide how eBay 2005: eBay acquires leading international classified advertising site Gumtree. 2008: eBay launches its iPhone application and is listed as one of Fortune’s 100 Best Companies to Work For. 2009: eBay sells Skype for US$2.75 billion, but retains a 30 per cent stake. 2010: The eBay community raises more than US$1 million for charity; PayPal donations total US$4.5 million. eBay kicks off a series of events called eBay: On Location to help small businesses and part-time sellers. 2011: eBay Inc. completes the acquisition of brands4friends, Germany’s largest online shopping club for fashion and lifestyle. eBay is named one of the world’s most ethical companies by the Ethisphere Institute. does business, connecting buyers and sellers around the world. www.ebay.co.uk 30/01/2013 08:12