What E-bay Gets From Sellers
by: David Riewe
E-Bay has indeed changed the way sellers handle business nowadays. In some cases, sellers in E-Bay are really dependent on the service up to the point that they are financially dependent on the system. Despite of that, E-Bay has a continuous growth rate and appears much bigger and financially capable than before. What do they really get from sellers?
According to E-Bay officials, they act as the middleman for customers and sellers. Their site is a portal in which both the sellers and buyers could meet and have an interaction regarding the items that are for sale. If compared to the more realistic setting, E-Bay is the online version of a flea market and instead of the buy and sale way of transaction, the flea market holds an auction and whoever has the highest big would be able to get the item. This is exactly what happens in E-Bay. The only difference is that the whole world gets to participate in the bidding process. E-Bay usually charges a certain amount to sellers who wish to have a space in e-bay’s portal. The terms of payment could vary depending on the intent of the sellers regarding how long they would be able to maintain their business. There are different paying schemes like monthly, quarterly, and yearly. Most transactions are handled online.
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What E-bay Gets From Sellers
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