eBay platform classroom, what are the characteristics of eBay?

As an international retail cross-border e-commerce platform, eBay is like Taobao in China. Compared with Amazon, eBay's store operation is not complicated, it is free to open a store, the threshold is low, and there are more procedures and things required, but the platform rules are biased towards buyers and sellers, and tend to favor buyers. So what are the characteristics of eBay?

Features of eBay platform

eBay is relatively simple to operate, with low investment, and is suitable for people with certain foreign trade resources. It is free to open a store, but there will be a certain fee for listing products. At the beginning, you need to accumulate reputation through auctions, and the order cycle is relatively long. If you encounter complaints, it will be the most troublesome thing, so the quality must be up to standard.

eBay is also one of the largest e-commerce websites, with 23 international sites and operations in more than 100 countries around the world - in 2017 alone, eBay had 6.7 million sellers selling products in 190 markets around the world.

eBay's business model is more like an auction house that facilitates sales between third parties and sellers. For small businesses, it is a great platform to generate stable income. With a history of more than 20 years, new products, second-hand goods and even one-of-a-kind products can be found here.

In terms of sales, it initially focused on second-hand goods, but after development, new products currently account for 81% of sales on eBay. The sellers are mainly small and medium-sized enterprises that want to expand their business beyond physical stores and self-built websites.

The above is an introduction to the features of eBay. If you want to know more about eBay information, please continue to pay attention!