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how does ebay work?...............?
04-08-2014, 07:59 PM
Post: #1
how does ebay work?...............?
So what I want to know is how it works and how the seller and or the buyer get thier bought product and money

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04-08-2014, 08:06 PM
Post: #2
 
Basically, eBay serves as an advertising medium that processes payment as well. A seller uploads a description of the item and is charged a listing fee. When a buyer/bidder buys it's their payment is processed though PayPal (which is owned by eBay). PayPal places the payment in the seller's account, minus a fee. The seller is then charged a final value fee, which is a percentage of whatever the item sold for. EBay sends the buyer's address to the seller, who then mails the item to the buyer. Both buyer and seller can leave a feedback about the transaction.

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04-08-2014, 08:09 PM
Post: #3
 
It's very simple... you add product description to ebay while selling it, buyer purchase it and you ship it to the buyer's address and you get your money via paypal !!
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04-08-2014, 08:17 PM
Post: #4
 
http://computer.howstuffworks.com/intern.../ebay1.htm Way more information than probably you even want.
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