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03 Dec, 2008

Ebay.co.uk

Posted by: Nick the Greek In: Ecommerce

Introduction

EBay is an American company and an online auction and shopping website. It opened in U.K. in the year 1999 and is now the leading auction site. With eBay’s country specific sites, it is now possible to trade almost anything from any where regardless of the location. It is an online market for the world. EBay community has millions of users across the globe in around 25 countries. For eBay UK all transactions take place in British Pound. The fee structure on the UK site is different than the USA site.

 

Features

Almost anything can be put for auction if it is not illegal and against the law. There are thousands of items listed on eBay under various category heads like collectibles, computers, furnishing, home décor, jewelry, coins, mobiles, pottery, sporting goods, boats, cameras, vehicles and their parts. Big companies sell their latest products and services here.  EBay motors is the biggest automotive selling place where you can trade in anything from cars to motorcycles and used cars also. Many restricted items on eBay are firearms, alcohol, tobacco, drugs etc. there are seller tools on eBay like sell your item, turbo lister which can save your time and manage and track the status. There are eBay stores also where a seller can showcase his merchandise. There are three levels; basic store for those starting out on eBay; premium store for medium sized sellers and Anchor store for the high volume sellers.  EBay community has EBay blogs, discussion boards, chats, reviews to share your opinion with others. There general chat rooms and some are product specific chat rooms. EBay pulse gives the latest information and inform about the most popular items. EBay has a feedback forum which allows users to rate their experience after the transaction. Both buyers and sellers are expected to leave a feedback within sixty days of the transaction. Buyers give a rating to sellers which are called seller ratings. They are rated from 1 to 5, where 1 is lowest and 5 is the highest. The Power sellers are those which have a rating of 4.5 and above across categories for a period of twelve months. Their feature EBay for charity provides an option for sellers if they want to give away their proceeds to a charitable organization of their choice.

 

Tips     

While logging in and becoming a member choose a username which is nice to sound and people can easily remember it later. If you are a regular user, you can download eBay toolbar as it will save your time by keeping you updated about any auctions, present in your watchlist, which are going to send soon. Bid for only those items which you are intending to buy. Before bidding always do price comparisons check on other such sites. It is a good place to market fake goods. For a naïve person, it can be difficult to distinguish between genuine and fake. In case of doubt or if you have any query, ask the seller.  

 

Newbie friendly rating

It has become an online medium between buyers and sellers. It has had its shares of scams but that has not damaged its popularity. It is user friendly and eBay has a strong business model to sustain itself. Our rating has to be 10.

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