Search
technologies are changing the fortune of companies. From marketing to the customer data storage Search technologies has
great importance. Search technologies support business organizations to provide
the opportunity to their customers to search and find their desired information
or products from huge databases (Brown, Dehayes, Hoffer, Martin,
& Perkins, 2011). In this assignment information about
the search technology of eBay Company is discussed in detail with the benefit
and areas of improvement covered by this search technology.
eBay
eBay
is an international organization that operates in more than 100 countries in
the world. The eBay organization was started in 1995 by Pierre Omidyar in
America. The organization serves an e-commerce website that offers
retailing services for all kinds of products including household products,
electronic products, clothing products, and other fashion-oriented products (Brown,
Dehayes, Hoffer, Martin, & Perkins, 2011). Basically, through
the use of search technology organization cater to all kinds of information regarding
products to its users from the global databases by utilizing the most effective
search techniques.
According
to the annual reports, the company earned revenue of $8.97 billion through the
sales of 2016 only. More than 14,100 employees
are working on a permanent and regular basis to provide services for
their customer. According to an estimation, total auction market covered by the
eBay company in only 2000 was almost 80% of the whole market. The company is
currently using consumer to consumer business model for its business operations (Brown,
Dehayes, Hoffer, Martin, & Perkins, 2011). Somehow, the
business model of eBay Company is also following B2B and B2C business model
because the company provides the platform to even
wholesalers, retailing shop, and small businesses owners to sell out their
products directly to the customers.
Search technology of eBay
eBay
provides online search option to their customer to search their required
products at the e-commerce website. From various search technologies, eBay is
using Crawler Based search technology at its site.
Ebay Company is also using Hypertext-Matching Analysis and PageRank technology (Brown,
Dehayes, Hoffer, Martin, & Perkins, 2011). Through the use of
these search technologies company help out their customers to get the most
relevant search results on the top of the pages or page 1. Through the use of PageRank
technology, eBay measure the importance of pages with relevance to the words
searched in the search bar.
Benefits of using
this technology
eBay
is using this search technology at their website to provide the opportunity to
their customer to search out their desired products from the database. eBay,
provide thousands of products that cannot be
displayed at the front or home page of the e-commerce website (Brown,
Dehayes, Hoffer, Martin, & Perkins, 2011). Therefore, the
company provides information about each product on a separate page. When
customers search that product name or feature in the search box website direct
them to that specific product page (Moneysavingexpert.com, 2019).
There
are several benefits of using this search technology on the website of the
company. At the first company can provide the most relevant products to their
customer through this search technology. Highly relevant products with search results
not only causes to increase customer satisfaction but also ensure more chances
of sales (Ajayi & Elegbeleye, 2014).
When customers get a wide variety of products
that meet their requirements, they purchase those products easily it increases
their satisfaction level towards services offered by the company. For instance,
if a customer searched for the Umbrella and get a list of different types of umbrellas
with prices and other features definitely he/she will get high satisfaction
from the services because now they can select the best product according to
their requirements (Brown, Dehayes, Hoffer, Martin,
& Perkins, 2011). Another significant benefit of this search technology is the increase in
the profitability of the company as through an increase in customer
satisfaction sales goes towards increase and automatically revenue increases
that help out the company to deal with expense in a better way and support
profit margin maximization. Thus, in low
customer satisfaction not only increases the chances of sales but also sustain profitability.
PageRank
technology also facilitates the company to show a list of products by the preferences of the customers (Moneysavingexpert.com, 2019). Because of the page
rank technology, the most relevant product will show at the top of the page. Thus, other products will get positions in
the page according to the level of relevancy. Moreover, crawler-based search
technology also supports internet marketing and causes to increase the quality
of traffic on the website (Brown, Dehayes, Hoffer, martin,
& Perkins, 2011).
Metrics to evaluate
There
are several metrics to assess the
performance of the search technology that eBay organization can use. For
instance, eBay can measure performance from the number of subscribers, customer
satisfaction level, and accuracy of results (Ajayi & Elegbeleye, 2014). Somehow, Company
can also evaluate the performance through the use of benchmark technique as the
company can determine by comparing their
sales with the competitor sales in a fiscal year.
Other
than measuring the overall performance of this search technology, the company
can also measure performance in the light of organizational objectives. How and
at what extent this search technology is facilitating the corporate goals.
In the eBay company, the main objectives
of the company are to increase customer satisfaction. Therefore, the company will use a survey or feedback system at (e-commerce
website) to get information about the customer satisfaction level. Thus through
this company will measure whether the objective of desired customer
satisfaction level is accomplished or
not. If not then how much difference is there. (Brown, Dehayes, Hoffer, martin, & Perkins, 2011)Similarly, annual
reports can describe whether the objective of increase in sales is achieved or
not in the current fiscal year. If search technology is failed to accomplish
the organizational goals, the company need to research the possible
reasons to bring improvement in the performance or to select an alternative
option.
Area of improvement
Online
search technology can support business to bring development
and expand operations. Search history describes the demand tendency of product
and specific requirements of customers about a product. Through using this information, the company can understand what is
desired and required by the customer. Identification of customer needs
help out the company in inventory management. Company stock the highly desired
products to improve customer experiences. While search technology also reduces
problems for the customer in searching for their desired products that work as
a supportive factor for business expansion. In short, through using search
technology company can improve business to promote profitability.
Conclusion on Information Technology
The whole
discussion concludes that eBay an American multinational organization is using
search technology to facilitate their customers in searching for products at
the e-commerce website. Because of this search technology customer experience
and satisfaction levels can be improved. Improvement
in customer satisfaction causes to increase sales and profitability of the
organization. Thus, through the use of search technology company can earn a better
reputation in the society and business expansion can be made possible.
References of Information
Technology
Ajayi, O. O., & Elegbeleye, D. M. (2014).
Performance Evaluation of Selected Search Engines. IOSR Journal of
Engineering (, 4(2), 1-12. Retrieved 02 15, 2019
Brown, C. V., Dehayes, D. W., Hoffer, J. A., Martin,
E. W., & Perkins, W. C. (2011). Managing information technology.
Pearson Prentice Hall. Retrieved 02 15, 2019
Moneysavingexpert.com. (2019). 41 eBay Buying
Tips. Retrieved 02 15, 2019, from www.moneysavingexpert.com:
https://www.moneysavingexpert.com/shopping/ebay-protection/