Lesson 1. Getting to Know the eBay Marketplace
In this lesson, you learn what eBay is and how it works.
What eBay Is—and What It Isn’t
What is eBay? The best job of summing up what eBay is all about comes from eBay itself:
eBay is the world’s largest online marketplace, where practically anyone can buy and sell practically anything.
What eBay does is simple: It connects buyers and sellers of merchandise over the Internet. eBay itself doesn’t buy or sell anything; it carries no inventory and collects no payments. eBay is just the middleman in the selling process, hooking up buyers and sellers around the world—and collecting fees (from sellers) for doing so.
eBay sellers offer a combination of online auctions and fixed-price sales. Buyers can bid ...
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