As with any market, trading on eBay is not without its hassles and snags.
First of all, it should be duly noted that eBay is an online market/transaction facilitator. It merely becomes a means for the buyer and the seller to meet.
Because of its online nature, eBay's auction listing provides the buyers with a wide selection of goods. The buyers are also enabled to review the seller through the seller's feedback rating. This helps the buyer decide whether or not to pursue the trade.
The sellers on the other hand, benefit from a wider audience due to the popularity of the Internet and eBay. eBay enables them to post easily, quickly, and extensively.
When eBay connects buyer and seller, the transactions truly begin as well as the headaches.
Even with the automated nature of most of today's transactions, eBay is still built on the basic foundation of trading: trust.
A good deal of trust is involved in eBay trading. The buyer has to trust that the seller is listing a legitimate item, and that he or she will deliver that item when paid. The seller, on the other hand, has to trust the buyer to pay fully and without any hidden catches.
Here are a few of the problems one may encounter when using eBay.
- Seller does not deliver product
This is a buyer's biggest fear. However, it is also one of the most common snags buyers encounter. Usually, when closing a deal, the seller will email purchase instructions to the buyer. This will usually - continued below ...
