Ebay is a widley used online auction website and being famous for being a online market place where anybody can access. Ebays major purpose is to allow people to be able to auction off there products to potential customers which is not hard when ebay allows your prouct to be viewed by millions of people.
Ebays target audience is the whole internet de to them being a online auction website they aim for everyone so products can be sold allwowing ebay to remain online. The auction process works in 5 steps
- Ebay user wants to sell old item, he/she creates a auction listing on the old product
- During the auction hundreds of potential buyers look at the produt and some place a bid
- Buyers places higher bids until maximum is reached and the winner recieves a confirmation email and then options on how to pay the item holder
- Cstomer can pay directly, paypal or other
- Old item is delivered to customer
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