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Online Auction - the seller to just provide the products A...

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Online Auction By: Stephany Boles-University of Phoenix-Axia College XBIS219-Professor Shawn Rieder December 4, 2009
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e-Eay is an online auction website in which people buy and sell products. Products can either be bought at a fixed rate set by the seller, or they have the option of putting bids in at a minimum seller price. In an e-Bay business there are small and large-scale sellers. The advantage of being a small-scale seller is that most of the merchandise is just random stuff that people try to get rid of. The disadvantage of being a small-scale seller is the several fees that are involved. On e-Bay someone else would be handling all of the electronic payments and transactions, leaving
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Unformatted text preview: the seller to just provide the products. A disadvantage of a large-scale seller is that there are more fees associated with being a large-scale business owner since the fees are based on how much is sold in dollar amounts. If I were to start an online business, I do not believe that e-Bay would be for me. Starting a business already requires enough money as it is. Too many fees would assessed with the service would not seem worth it. References e-Bay. 1995-2009. Fees for selling on eBay . _Retrieved December 4, 2009_ www.ebay.com...
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