IndexBrief history of eBayConclusionBay engages in the global marketSay no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay-How have digital media features supported eBay's growth?-How have strategic decisions supported eBay's growth?>Answer:It's very It's important to know the meaning of some terms we're talking about discussing in relation to this context such as;eBayGlobalMarketplace,Digital mediaGrowthStrategic Decisions.eBay: In simple term is an online platform (auction and shopping sites) where individuals, producers (manufacturers) and businesses come together to buy and sell their goods and services, exchange information with the help of the Internet and digital media reaching the whole world. The platform brings millions of people online every day, locally, nationally and internationally using different e-commerce focused websites, as you can easily make payments and communicate with each other. Market: Any place or medium where buyers and sellers meet to exchange goods and services is a market. In this context the market is online using the Internet. Digital Media: According to the Advance Dictionary “Digital media is any media encoded in a machine-readable format.” Digital media can be created, viewed, distributed, modified, and stored on a digital electronic device such as computers, flash drives, external hard drives, mobile smartphones, online, and in the cloud. Growth: In this context simply refers to increase, performance or profitability. Strategic Decision: These are decisions made by the organization or company management that every employee of the organization must adhere to to achieve the goal, mission and vision of the organization. .Brief history of eBayeBay was founded by Pierre Omideeyar in September 1995 in San Jose. Its goals and objectives were to create a marketplace for the sale of goods and services for individuals, organizations and businesses. Pierre and his co-founder Jeff Skoll hired Meg Whitman to support the success of their site and ideas in 1998, thanks to her business wealth. branding and marketing. Meg had studied at Harvard Business School and learned the importance of branding at companies like Hasbro. Meg created an experienced management team with an average of 20 years of corporate experience involving people like Pepsico and Disney and built a strong vision for the company. eBay is a company about connecting people, not selling things for them. It has moved into several upscale marketing options where the average selling price (ASP) is higher and has only shed the image of collectibles being auctioned off. eBay's transaction fee was determined by a key metric average selling price, so increasing the ASP became an important factor, thus creating partnerships with companies with brands such as General Motors, Disney and Sun, eBay managed to do exactly what he intended to accomplish his goals. Sun has sold more than $10 million worth of equipment on the eBay platform and lists between 20 and 150 items a day. eBay has become an online shopping and auction site where people and businesses buy and sell goods and services around the world. Millions of people are connected daily locally, nationally, and internationally using diverse websites focused on commerce, payments, and communications. eBay was born from the home business founded by Omideeyar Living Room, now the company has become the world's leading auction marketplace and one of the major dot.com companies that have actuallyachieved enormous success. In eBay transactions prices are determined by buyers unlike the traditional model we are used to where prices of goods and services are determined by sellers or sellers. eBay's vision was to eliminate inefficiencies in the traditional mode of transactions by providing a convenient place where buyers and sellers meet to exchange goods, services and information at minimal cost. Thus making bargaining and collecting interesting. Digital media (online commerce) or e-commerce helps sellers to easily market or sell their goods and services online and reach the world in the shortest possible time. It helps buyers to search online with the help of internet search engine in the shortest possible time to locate or get the required products and services, it also gives them the opportunity to compare prices, quality and know the delivery method and payments when he is satisfied, if he is not satisfied he keeps looking until he gets what he wants wants, this attracts more traffic to eBay thus increasing their profit, as each transaction is closed directly immediately from eBay debt to the seller's credit card. Millions of people (buyers and sellers), businesses and manufacturers come together daily in a local, national and international context using different websites that focus on marketing, thus increasing eBay's profit margin every day. Digital media eliminates many inefficiencies of conventional (traditional) person-to-person commerce, thus providing a place where eBay users can conveniently meet, exchange information about their goods and services, negotiate prices, and transact business at minimal cost. eBay users can easily browse listed items via digital media or the Internet. Sellers or suppliers can list the items they want to sell, while the buyer bargains on the items they are interested in. The combination of digital media and eBay's strategic business concept enables millions of people to handle transactions worth more than $10 million on a daily basis, around the world. The role of digital media and the Internet in eBay's growth. eBay has put a lot of effort into using digital media, particularly the Internet or the World Wide Web, for its online auctions. eBay innovates a series of channels to actualize its vision using the Internet, one of the ideas is the online auction mode to expand e-commerce, providing millions of people with a low-cost opportunity to engage in a new form of business economical. With the use of the World Wide Web, eBay was able to build a person-to-person online trading environment on the Internet (2000). eBay subscribers or users can browse the listed items displayed on the web using automated methods (Internet), sellers are allowed to list the items they wish to sell while the buyer bids on the items of his choice, transactions between buyers and sellers are streamlined in minutes using eBay's web interface and the Internet, thus allowing eBay's digital media and Internet to continually grow. The use of digital media (computing powers) makes Internet auctions effective. The combination of digital media and eBay's strategic business concept effectively enables hundreds of people to handle transactions worth millions of dollars and pounds every day throughout the year. eBay has developed software that can manage and support a robust and scalable user interface and transaction processing system. The system can manage all aspects of the auction process. Notify me by email when a.