What is eBay Marketplace | Buying and Selling on eBay Marketplace

Since the advent of e-commerce in our generation, buying and selling online has become the norm of majority of the transactions done today. One of the biggest e-commerce platforms of today is eBay marketplace. Not everyone tends to understand the concept eBay, which raises certain questions in the mind of consumers such as “ what is eBay marketplace?  “, “ how does eBay marketplace work?  “. All these which we shall be shedding more light on in this article.

What is eBay Marketplace | Buying and Selling on eBay Marketplace

At the very least, everyone has heard or seen eBay probably while surfing through the Internet, so the name eBay shouldn’t be strange in the names of people. Although people who ask questions like “ what is eBay Marketplace? “ may tend to have a little about eBay, but may just need a little convincing to be sure enough of what eBay is and all about eBay.

So, What is eBay Marketplace?

eBay Marketplace is an online auction e-commerce site where buying and selling transactions are being done. But really, what is eBay Marketplace without its founder, Pierre Omidyar? eBay Marketplace was found by a computer programmer, Pierre Omidyar in San Jose, California, the united states of America on the 1st of September, 1995.

eBay online market which initially started as a platform for sellers who wish to sell their products to upload for sale and wait for potential buyers to show interest before proceeding to payments has now grown to become the biggest auction site in the world with over 179 million active users in the last quarter of 2018, with over 2 billion transactions per day.

Buying and selling on eBay Marketplace

eBay is widely used today globally because of its easy-to-use nature for both buyers and sellers alike. eBay active users believe that eBay is the most secured platform to sell your products online. And we shall be discussing both selling and buying in details.

– Selling on eBay Marketplace.

You may want to start by exploring the site by checking out the seller’s information on the site. Selling on eBay requires you to create an active eBay account if you don’t already have one. Your eBay account gives you access to put up items for sale, together with the description of the product and price.

As a seller on eBay, you will also have to select your preferred payment option. It is recommended that you go through eBay’s available payment methods and see the one that fits you and your location. You can click here here to know more about selling on eBay.

– Buying on eBay Marketplace

There are two major ways of buying on eBay Marketplace; either through buying by auction or “ buy it now “. Regardless of the method, you’re using to buy from eBay, you need to have an eBay account as well. The only difference between the two methods of buying is that the former implies that you bid for a product with other interested buyers, where the highest bidder gets the product while the latter is just the same as buying from other regular e-commerce sites.

If you’re convinced about the product you want to buy, go on and proceed to pay either through PayPal or using a registered debit card. eBay is known to operate in over 100 countries, providing the best services for both buyers and sellers. Sign up for an eBay account today and start enjoying the benefits that eBay gets to offer its customers.

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