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| All manner of items are offered, many of which may have been discarded if it were not for a worldwide market which sees unusual items as collectible. Increasingly, international companies sell new goods at eBay; for example ] sells some of its new ]s this way. | All manner of items are offered, many of which may have been discarded if it were not for a worldwide market which sees unusual items as collectible. Increasingly, international companies sell new goods at eBay; for example ] sells some of its new ]s this way. | ||
| eBay makes its money from fees charged to the seller, and from ]. It does not handle the goods at any time, but relies on the seller's good faith in posting the goods to the buyer. eBay displays feedback ratings from buyers and sellers |
eBay makes its money from fees charged to the seller, and from ]. It does not handle the goods at any time, but relies on the seller's good faith in posting the goods to the buyer. Similarly, buyers send their payments not to eBay but directly to the seller, and the seller must rely on the buyer's good conduct. In order to encourage good behaviour eBay displays feedback ratings from buyers and sellers about each other. | ||
| Because such a huge variety of items are being offered at any one time it is possible to view on eBay many common collectables. For example, suppose one wished to view silver pennies or a silver denarius. An eBay search in either case, for "silver penny" or "silver denarius", will generate a list of a number of auctions for such items at any one time. Of course, if one is "just looking" one must maintain strong discipline, or one may suddenly own a small useless silver disk. | Because such a huge variety of items are being offered at any one time it is possible to view on eBay many common collectables. For example, suppose one wished to view silver pennies or a silver denarius. An eBay search in either case, for "silver penny" or "silver denarius", will generate a list of a number of auctions for such items at any one time. Of course, if one is "just looking" one must maintain strong discipline, or one may suddenly own a small useless silver disk. | ||
Revision as of 18:56, 20 November 2002
eBay is a highly successful online auction website, at which people from all around the world buy and sell goods.
All manner of items are offered, many of which may have been discarded if it were not for a worldwide market which sees unusual items as collectible. Increasingly, international companies sell new goods at eBay; for example IBM sells some of its new computers this way.
eBay makes its money from fees charged to the seller, and from advertising. It does not handle the goods at any time, but relies on the seller's good faith in posting the goods to the buyer. Similarly, buyers send their payments not to eBay but directly to the seller, and the seller must rely on the buyer's good conduct. In order to encourage good behaviour eBay displays feedback ratings from buyers and sellers about each other.
Because such a huge variety of items are being offered at any one time it is possible to view on eBay many common collectables. For example, suppose one wished to view silver pennies or a silver denarius. An eBay search in either case, for "silver penny" or "silver denarius", will generate a list of a number of auctions for such items at any one time. Of course, if one is "just looking" one must maintain strong discipline, or one may suddenly own a small useless silver disk.
External Links
Further Reading
- The Perfect Store: Inside eBay, Adam Cohen, Little, Brown & Company, 2002, Hardcover, 336 pages, ISBN 0316150487.