eBay For Your Small Business
eBay is the world’s foremost online marketplace. A place for buyers and sellers to come together and trade almost anything. It has over 200 million global customers and can offer your product and business the exposure needed to this huge marketplace.
How does eBay work?
In a nutshell, eBay works by giving a platform for a seller to list his/her products. The seller then chooses if he/she wants to accept bids only (auction-type) or to offer a “Buy It Now” (direct sale) option at a fixed price. In an auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins. In a “Buy It Now” listing, the first buyer willing to pay the seller’s price gets the item.
