Running Your Own Online Business
http://www.schoolofaffiliate.com/articles/4332/1/Running-Your-Own-Online-Business/Page1.html
Uchenna Ani-Okoye
Uchenna Ani-Okoye is an internet marketing advisor.
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Published on 09/24/2008
Auction sites online such as eBay have grown by a big margin over the past years. And it's understandable to see why.
Auction sites online such as eBay have grown by a big margin over the past years. And it's understandable to see why. From the buyers angel when you look through eBay you can find just about anything you might be looking for. From bikes to televisions, from houses to the strangest and weirdest, it's listed for auction on eBay. From the sellers view if you have something that could be sold, you can be sure to find a buyer for it on eBay.
eBay is an online community of people who can buy/sell items locally, nationally and even internationally. And while eBay has over 100 million members there are rarely any real problems between buyers and sellers.
I think much of this is due to feedback on eBay. Feedback is where buyers and sellers can leave comments on their experience with that specific buyer or seller. Whether it is a good or a bad transaction, you can view it in the feedback section. I will not lead you to think there are no problems at all, because that would be incorrect. But ultimately things are generally trouble free.
Harris Poll did a survey regarding online auctions that I found quite interesting. Almost half of the participants said they bid on online actions looking for bargains, slightly more than twenty percent said that they were looking for difficult-to-find products and the rest of the participants were looking for collectables.
When we look at how satisfied people were of their buys, half of the surveyors were confident and 40% of them were very confident they would have no problems receiving their product. Only 1% was not confident.
51% of those surveyed said they always, check the sellers feedback before putting in a bid and another 36% percent that they usually do. Only a small three percent said they do not check. I have to believe that this three percent make up the newcomers.
A whopping 83% of participants said they had bid and purchased items. With half of those who took the survey saying the average price of the product purchased was around 50 dollars. Twenty plus percent said the value was around fifty to a hundred dollars and 21% said between one hundred and five hundred dollars.
Two thirds of the surveyors said they paid by personal check, cashier check or money order to the seller. While slightly more than 40% paid using credit card using the third party payment service made available by the auction and slightly less than sixty percent said they'd never encountered any problems buying their products.
eBay not so long ago said they had made more than $14 in sales, there's rarely any problems between the seller and buyer. That's the best reason eBay makes an excellent home based business.
eBay is an online community of people who can buy/sell items locally, nationally and even internationally. And while eBay has over 100 million members there are rarely any real problems between buyers and sellers.
I think much of this is due to feedback on eBay. Feedback is where buyers and sellers can leave comments on their experience with that specific buyer or seller. Whether it is a good or a bad transaction, you can view it in the feedback section. I will not lead you to think there are no problems at all, because that would be incorrect. But ultimately things are generally trouble free.
Harris Poll did a survey regarding online auctions that I found quite interesting. Almost half of the participants said they bid on online actions looking for bargains, slightly more than twenty percent said that they were looking for difficult-to-find products and the rest of the participants were looking for collectables.
When we look at how satisfied people were of their buys, half of the surveyors were confident and 40% of them were very confident they would have no problems receiving their product. Only 1% was not confident.
51% of those surveyed said they always, check the sellers feedback before putting in a bid and another 36% percent that they usually do. Only a small three percent said they do not check. I have to believe that this three percent make up the newcomers.
A whopping 83% of participants said they had bid and purchased items. With half of those who took the survey saying the average price of the product purchased was around 50 dollars. Twenty plus percent said the value was around fifty to a hundred dollars and 21% said between one hundred and five hundred dollars.
Two thirds of the surveyors said they paid by personal check, cashier check or money order to the seller. While slightly more than 40% paid using credit card using the third party payment service made available by the auction and slightly less than sixty percent said they'd never encountered any problems buying their products.
eBay not so long ago said they had made more than $14 in sales, there's rarely any problems between the seller and buyer. That's the best reason eBay makes an excellent home based business.