cheap mlb jerseys I have never been surrounded by such inspirational, moving, strong, driven, focussed, ambitious, wonderful, spectacular young ladies. wholesalejerseysi 11 last year in a draft that was not nearly as talented at this one.. Instead, he had to for 46.1 fantasy points, including 23 points, 8 rebounds, 7 assists, 1 steal and 3 blocks.. With different intonation and UND of vocal exercises that that you warm up with the things that. wholesale jerseys One of Mr. However, it's hard to find a better choice in a midsize family sedan." No wonder the 1997 Toyota Camry earned another CG Best Buy honor while setting another sales record at over 397,000 units.. People Confuse "Massage Parlors" For Legitimate Massage ParlorsYou can't legally advertise sex services in Canada. Indiana is 7 3 in their last ten games and a meager 13 16 on the road as they will visit the Heat who are 27 3 at home. cheap Super Bowl jerseys Even with the lack of height you can conquer the inner court. wholesale nba jerseys Knicks fans went into a frenzy as the home team took an 11 point lead early in the second quarter.. Joint angles at the hip, knee, and ankle levels (Figure 1e) show rhythmic movements involving all three joints although greater effects were found at the ankle level (Figures 1d, 2h).

wholesale mlb jerseys

We stayed there one night, me and the coaches and Michael, and talked about it. By this point things were deliciously woozy and I was reminded of one of my favourite stories about the now defunct pub The Man in the Moon, which sat close to Kurobuta on a corner, and thus had three different entrances. Porter will be portrayed by actor Josh McDermitt, who is known for appearing on the television sitcom "Retired at 35," which ran for two seasons. The interface between flat displays and applications used for mounting them on walls is called mounting interface. Among other NBA super stars are the likes of Lebron James, Kevin Durant and Kobe Bryant. The disability simulation aspect of the campaign is a tired old method of awareness raising that I hoped we'd seen the end of in the late 90s. Sheva vividly and eloquently describes events and conversations, and brings the characters of the children in the orphanage to life. England brought on one old stager, Steve Thompson, making his first appearance in red rose and white in three years, for a former Northampton team mate, Dylan Hartley. nflshop He managed to stay in bounds with one foot and caught a pass from quarterback Zach Collaros, who had scrambled to evade RedBlacks pressure.. Coming back now to the question of which still remains to be answered, Radical Forgiveness provides a number of simple tools that seem, in some unexplainable way, to help us move the old victim energy out of our bodies almost immediately and with minimal effort. Kris Jenner has 1 slutted out her daughters to her own benefit.

cheap jerseys

Perfection is rarely achieved. Four or five years from now, Fox said, ICG will be valued on its cash flow. Perhaps it's just that they need to be worn in some, but in 2012 with all the modern manufacturing process I wouldn't expect this to be the case I'm debating exchanging them for a larger size, but the shoe is so rigid otherwise I don't a larger size would remedy all the problems. That would place shares about 19x next year's earnings. miamidolphinsjerseyspop Like many trail runners, the Shellrock has a sticky sole that will help maintain traction on slick rocks. The most disturbing details of the crime, however, were never made public. As we did this, he handed each of us a small card. wholesale jerseys One to be recognized and to be watched is Mount Dora High quarterback Vegas Harley, just a junior.
Saturday , 25 February 2017
Home » Make Money Online » How Does eBay Make Money? The eBay Business Model Explained!

How Does eBay Make Money? The eBay Business Model Explained!

eBay – The internet behemoth, estimated to have a market cap of $28.8 billion and with annual revenues of $8.59 Billion, is easily the world’s biggest online marketplace. Over 100 million people, all over the world, are active participants in the eBay marketplace, either as buyers, or as sellers. This kind of incredible success is all the more amazing because, it was only about 20 years ago that eBay was started, in the living room of a small San Jose apartment of a very easy going young man called Pierre Omidyar. Here, we discuss more on eBay, what makes it tick, the reasons behind its phenomenal success, and try to understand its business model. Do read on.

How does eBay work?

The most important thing about eBay is that, it is a company that connects tens of millions of highly passionate and very diverse buyers and sellers from over 40 countries all over the world, and of several different cultures – eBay does not actually sell any of its products itself. Further, with its Rating system for buyers and sellers, eBay has made the process of buying from and selling to total strangers on the internet, a completely safe and profitable way to trade goods and make money.

eBay’s Business Model

eBay’s business model can be simply described as creating a person to person online community for trading, making use of the World Wide Web. Or in even simpler terms, eBay connects buyers to sellers on the internet. Sellers have online stores of their own on eBay, where they list the items offered by them for sale. The sellers may either list the item on a fixed price basis, or send the items to an online auction, for the buyers to bid on. While the fixed price items can only be had for the stated price, the price at which the auctioned items may be got depends on how many buyers bid on them, and on the bids raised.

eBay arranges all its items by topics, and places each item in its own category. For instance, a novel by John Grisham that is offered for sale, may be placed in the “Fiction” category of “Books” – making it easy for a prospective buyer to search for products on eBay, very efficiently.

How does eBay make money?

eBay makes its money in 2 ways. 

  1. By charging what is known as an “Insertion Fee” on each of the items that are put up by the seller for sale. This fee varies from item to item – is very low for, say, books and DVDs, and relatively higher for Plasma TV and laptops – and usually ranges from 50 cents to $3. The Insertion Fee may be increased for listing the item in more than 1 category, or displaying additional photographs, and for other such promotional purposes.
  2. By charging a “Final Value” on the items that are sold. This Final Value is usually around 7 to 8 % of the final sales price of the item that is sold.

After the sale, eBay sends e-mails to both buyer and seller, notifying them about the sale, the expected date by which the seller is to ship the item and the expected the delivery date. On receiving the item, the buyer confirms the same on eBay, and gives a feedback and a rating to the seller – positive, if satisfied with the product, and negative, if dissatisfied. This rating is important, as a seller with a very good rating, is considered a safe option to buy from, by future buyers – while a seller with a low rating is avoided by buyers. This way, eBay enables its huge online community to act as self-appointed regulators, separating the good sellers from the bad sellers. While this ensures that the better sellers stay on at eBay, do a lot of selling and make a plenty of money for themselves, the poor sellers are essentially weeded out of the system.

Why is the Ebay business model so cost-effective and efficient?

Remember, unlike the other internet giant, Amazon, eBay is never actually in physical possession of the products at any point of time. This saves eBay a huge amount on what would otherwise have been expensive warehousing and inventory costs. So eBay has very little expenses of its own.

How Does eBay Make Money? The eBay Business Model Explained! How Does eBay Make Money? The eBay Business Model Explained! 2792a83fdc1d8a8766c7b2ecdd78bf78 s 80 d http 3A 2F 2Fwww

Raghav Hegde

I am a freelance ERP consultant based in Bangalore, India, and double up as a freelance writer in my spare time. My specialties include writing on technology, finance and politics. There is nothing I love more than reviewing the hottest tech products, and I hope to share my love of technology with you, the readers of Geekers Magazine, to inform, educate and entertain. I like constructive criticism, so if you guys have any advice or suggestions for me, I really would appreciate that. Ciao!
Raghav Hegde, Bangalore
How Does eBay Make Money? The eBay Business Model Explained! How Does eBay Make Money? The eBay Business Model Explained! 2792a83fdc1d8a8766c7b2ecdd78bf78 s 80 d http 3A 2F 2Fwww

Check Also

freelance writing

Top 10 Uncommon Ways to Make Money as a Freelancer

Whether you are looking for freedom outside the stuffy offices or simply want to make …

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.

Don't miss the latest news from GEEKERS Magazine.
Signup today for free and be the first to get the latest news.
  Thank you for staying with us.
Download Your PDF Report of This Blog Post
Instant Download!
  We hate spam and never share your details.