Introduction of Ebay
Ebay is online shopping network,while this is very popular system in network marketing. Ebay is working at online products like cars, trucks, ebay motors, electronics, fashions, toys for hobbies. sports things, cameras, mobiles, lcd's, laptops etc...!
History of Ebay
Ebay was launched in 1995, older name of ebay was action. This company is not at online shopping system because after launched this company doing the working with another good websites.This company is not just for USA while ebay provide service for 30 different countries. This company doing the work at action shopping, classified advertisement, event ticket trading and online money transferring.
French-born Iranian-American computer programmer Pierre Omidyar was developed of this program. He was live in San Jose California. In early 1996 Chris Agarpao was first servant of ebay and Jeffrey skoll was first president of ebay.In 1996 Electronic Travel Auction company was created first deal with ebay this was first business deal of that system. In 1996 company was completed 250,000 auctions, but then next year in first month company was completed 2,000,000 auctions. In September 1997 company was changed the name auctions to convert in ebay.In march 1998 Whiteman was president and CEO of ebay. In 21st september 1998 was known properly in public. First of all ebay share price was 8$ and next day ebay share price reached at 53.50.
Time to time company was growing in good progress, after few days the company was going to good progress then owner of company decided we will work with other advertisement programs. In february 2002 company was purchased of IBazar and in october 2002 ebay purchased of Paypal, In early 2008 company was in worldwide while company of users reached at hundred of million.
In march 2008 John Donahoe was presindent and CEO of ebay, while whiteman was Board of Directors. He was given a good tips and tricks of company servents. In 2009 company was sell out of skype program in $2.75 billion.
How to earn money from "Ebay"?
For product selling!
Question: What must you include in the description of your products to improve chances?
Answer: When you’re selling on eBay, the detail of your products is your "Unique Selling Proposition". It's one of your large chances to get the peoples to want your product. (The other is the picture of the item.) So if you don't invest time in developing a mouth-watering detail of your product, you're throwing away half your chance to sell it.
You need to know all the details about shipping before you sell anything on eBay.
Many sells items on eBay when we want to dispose of something to make some extra cash, but there are plenty of sellers out there who make a good living off of the commerce auction site. Reddit user 1ebaythrowaway shared his own experience of selling items on eBay as his full-time job. Some peoples are spent the time for as a part timer job. Last year, he made $180,000 in gross sales and took home about $80,000. He was says that i do work 30 to 50 hours a week but has a lot of downtime and can take breaks whenever he chooses to.
Here is best tips and tricks for sellers
Accurate: "I try and accurately describe each item to the best of my ability through words and pictures. There is no sense in trying to hide an item's flaws as the customer will see them and then you will have issues." so try must properly.
Top-rated seller: "Maintaining my top rated seller status is worth far more than trying to get a few more dollars out of an item with flaws by masking them due to the 20% discount on selling fees eBay gives top rated sellers." that's why ebay is good.
Ship on time: "Lately, eBay has been making a big push to weed out the inferior companies through mandatory return policies and making sellers publish their shipping time. To maintain a top rated selling account, 90 percent of the items you sell must be shipped within 24 hours of the buyer purchasing or you will lose the TRS status (which in turn means losing listing exposure and the 20 percent discount on your fees)."
Customer: "Customer service is one of the most important aspect to selling on eBay. They are making it very difficult to get good search placement and listing exposure unless you are willing to bend over backwards for your customers." this will be a big mistake so care it.
For good deals: "As far as where I get my best deals it is typically on large lots of commercial supplies where the lot will sell for pennies on the usd."
Fraud categories: "I typically sell commercial tools and supplies and try to stay away from consumer electronics as much as possible as they are one of the highest fraud categories on eBay. For me personally plumbing and electrical tools sell the fastest if you price them reasonably then you will success.
Difficult customers: "I think certain categories have definitely gone downhill. eBay has created an environment that is conducive to people trying to get more for less. Generally I have found that those type of buyers are more in the personal electronics and residential goods and in all field this is good.
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