Online Auctions

In: Business and Management

Submitted By herschell1
Words 557
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Online Auction

Online Auction Ebay is an online auction service that allows people to sell merchandise and potential buyers to place bids on a variety of items. The length of a auction can last anywhere from a couple days to a couple weeks. While the auction is going on people are all making bids on the merchandise that they are interested in buying. At the end of the auction the person with the highest bid has won the item. The items that are on Ebay range from trading cards to automobiles. In order to buy or sell anything on Ebay a person has to create a profile and after this is done then they can began the process of either buying or selling.

Some of the advantages of using Ebay are that it is an online marketplace where you can buy things from all over the world, without leaving your home. You can get things that you would never think anyone would bother to sell, and you can get them cheaply. The search engine allows you to find things that you weren’t even actually looking for. Not only that, but you can send money quickly and electronically to almost all of these sellers, without worrying about currency conversion or exchange rates or anything else. Now some of the disadvantages of using Ebay are that some people never really thought about how much it cost to send even the smallest thing to the other side of the world. The prices sometimes are very high and it will make people think twice about using Ebay. Then another thing is that Ebay is packed with people trying to fraud and scam you, preying on the innocent users who’ve heard that Ebay is a great place to buy things but not knowing the risks. People can lose thousands of dollars and Ebay will not do anything about it. If you make a purchase on Ebay and once you receive your item and you aren’t satisfied it is hard to leave negative feedback for the seller, for fear that they…...

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