For many people, e Bay is the first and, in the opinion of many, best online selling site that comes to mind.
Originally it was set up in San Jose, California by Pierre Omidyar who called it Auction Web.
As the name suggests, e Bid is essentially an auction site and was launched in 1998.
Although many items are sold by auction, sellers can list their items as ‘run until sold’ auctions, which is essentially the equivalent of the e Bay ‘buy now’ fixed price listing.
Thus, you might want to have a look at our before you go diving in.
Fees for business sellers are up to 11% of the selling price plus listing fees and a monthly subscription fee which depends on your sales volume.
Although it has a less professional looking website than many other online selling sites, it has relatively low fees.
There is an annual subscription of £99.99 for professional sellers, there is no listing fee, and final value fees are just 3%.
The most profitable products in the world won’t keep your business running, if the marketplace has low customer volume, high fees or a poor checkout experience.
The e Bay of today is a different place from the e Bay of old.
It is far more professional and attracts many major brands as well as small businesses and private sellers.
Once you are satisfied that the product is in fine working order, the buyer notifies the seller and the funds are released.
One of the most attractive features of this auction site is its low cost. As a result, CQout is one of the best online selling sites around, and especially attractive to those looking for an additional revenue stream to their shopping platform of choice.