How Ebay Works

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How Ebay Works
How Ebay Works

Video: How Ebay Works

Video: How Ebay Works
Video: How to Buy Stuff on Ebay for Beginners 2024, December
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eBay.сom is a network resource owned by the American company eBay Inc, which provides services for conducting online auctions and creating online stores on its site.

How ebay works
How ebay works

Instructions

Step 1

eBay provides a platform for sellers to sell any product over the Internet. EBay Inc itself is only an intermediary in the conclusion between the seller and the buyer of the deed of sale. Payment for the goods and their delivery is carried out without the participation of eBay. For the use of the Internet platform, the seller pays a fee, which consists of a percentage of the selling price of the goods and the fee for placing the lot. Buyers use eBay services for free.

Step 2

On the eBay marketplace, there are liberal conditions, since the company's profits depend directly on sales volumes. It is allowed to sell any goods and services that do not violate the laws of the country in which the eBay branch is registered.

Step 3

Selling an item on eBay.com can be one of three models: online auction, fixed price sale, and advertisement.

Step 4

It was the auction sale that made eBay one of the most popular marketplaces on the Internet. The seller sets the starting price of the product, the start time and the duration of the auction. All potential buyers can at any time place their bid on this lot, which can be outbid by other participants in the auction. Actual rates are constantly available for viewing on the site. The participant, whose bid was the highest at the time of the end of the auction, gets the right to purchase the goods. The purchase price on eBay is not the highest bid, but the second highest bid plus one auction step.

Step 5

When selling at a fixed price, the seller offers his goods at the indicated price until the end of the auction. The first participant who agrees to pay the indicated price gets the right to purchase the goods. A combination of a fixed price sale and an auction is often used.

Step 6

The third way to sell products and services on eBay is to create a perpetual ad that will be displayed in the seller's eBay Shop section. In this section, the seller can post ads without specifying their expiration date. Here you can also view the seller's products that are currently being sold at a fixed price or put up for auction.

Step 7

Shopping on eBay.com is primarily paid through PayPal and Moneybookers. It is also possible to use credit and debit cards, bank transfers.

Step 8

Delivery of goods purchased on eBay is separately negotiated by the seller. It can be paid or free. Some sellers do not ship to specific countries. If Russia is one of these countries, you will have to use the services of an intermediary for a fee, who will forward the purchase to your address.

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