How much is eBay

Released on = May 17, 2007, 12:45 am

Press Release Author = Earnpin

Industry = Internet & Online

Press Release Summary = A story shared by 1.com.my over the experience of dealing
with customers decided to embark into online business...

Press Release Body = News like YouTube sold for 1.6 billion USD to Google, eBay
acquired Skype for 2.6 billion often get all of us so excited and usually make us
start to wonder about how we too can start something similar. Incidentally, AirAsia
with their online booking system, grew their flight business continuously in the
last 5 years.
AirAsia outsourced their booking engine to a third party solution provider, but
we've never heard Larry of Google or Steve Chen of YouTube engaged similar strategy
to develop the online business for them. Instead, their solution is "home-brewed".

This is because AirAsia's core business is to provide affordable flight (Everyone
Can Fly!) and the booking engine is just a medium for the public to book their
tickets. No matter how well they design the entire booking system, it is more
important to have a well managed airline system. Outsourcing the ticket booking
system can allow Tony to concentrate more on the airline business itself.

So, let's look at a scenario here where Ah Beng wants to build a second eBay.

He proposed to us that he wants to build a platform like eBay and then asked us for
a full-fledge proposal of the entire system. These people either do not understand
what it cost to build a successful online business and instead of them providing us
the specifications, they are asking us to do it for them. It's like asking the
architect to find me a good location for my next restaurant.

You might ask then, what kind of services we provide, since we don't help people
build their second eBay?

After Ah Beng realized how a second ebay wouldn't work as he'd planned, he then
started his own restaurant business in Klang Valley. Business grew by leaps and
bounds. Reservations of table through the receptionist became a bottleneck with the
increment of business volume. He then came to us again after realizing how an online
reservation system can help him clear the bottleneck and at the same time how he can
use the online medium to expand his market reach.

After outsourcing his entire online presence to us, Ah Beng can then continue to
concentrate on his restaurant business, where his expertise lies in. From this
experience, Ah Beng realized that a successful online strategy is very much like a
good restaurant, where the owner must himself understand how the restaurant business
works.

About 1.com.my

Founded in 1999, 1.com.my started operation as a web design company. Since then,
we've gathered valuable experience through the provision of online solution to our
clients. Today, 1.com.my consists of a team of innovative staff with expertise in
creatively creating and implementing new strategies to assist our clients to tap the
online opportunities.

Our core development model - build and operate our clients' online initiatives -
minimizes cost and maximizes return on investment. Building on our years of industry
experience, we are now extending our IT solutions and consultancy services and also
expanding our market reach to other parts of the world.

Please visit www.1.com.my

Web Site = http://www.1.com.my

Contact Details = 1.com.my
J-2-15, Jalan PJU 1/43, Aman Suria, Petaling Jaya, 47301 Selangor, Malaysia
press@1.com.my
Tel: 603-78049380
Fax: 603-78049390
Earnpin Lee
012-3288010

website http://www.1.com.my

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