Ebay is an ecommerce site that allows users to easily buy and sell a variety of products. It offers features like product videos and images, reviews, generous return policies, order tracking, mobile apps, and chatbots to aid navigation and purchasing. For pricing, Ebay mainly uses straightforward pricing based on the seller's costs and desired profit margin. However, sellers may also consider competitor pricing and adjust their own price accordingly to be competitive. Additionally, dynamic pricing and bundling similar products together are also approaches used on Ebay. Credit card eligibility on Ebay requires a credit score of 700 or better.
Ebay is an ecommerce site that allows users to easily buy and sell a variety of products. It offers features like product videos and images, reviews, generous return policies, order tracking, mobile apps, and chatbots to aid navigation and purchasing. For pricing, Ebay mainly uses straightforward pricing based on the seller's costs and desired profit margin. However, sellers may also consider competitor pricing and adjust their own price accordingly to be competitive. Additionally, dynamic pricing and bundling similar products together are also approaches used on Ebay. Credit card eligibility on Ebay requires a credit score of 700 or better.
Ebay is an ecommerce site that allows users to easily buy and sell a variety of products. It offers features like product videos and images, reviews, generous return policies, order tracking, mobile apps, and chatbots to aid navigation and purchasing. For pricing, Ebay mainly uses straightforward pricing based on the seller's costs and desired profit margin. However, sellers may also consider competitor pricing and adjust their own price accordingly to be competitive. Additionally, dynamic pricing and bundling similar products together are also approaches used on Ebay. Credit card eligibility on Ebay requires a credit score of 700 or better.
Ebay is a user friendly nvigation ecommerce site that aids people to purchase and
sell physical products ,services and digital product.
Advertising characteristics of ebay 1.Easy Navigation (eg footer navigation) 2.Product Videos and image high quality 3.Product Reviews /proof for visitors 4.Generous Return Policy 5.FAQ For Products 6.Oder Tracking 7.Chatbots 8.Mobile App 9. simple and exceptional branding involving personality. 10. mobile friendly PRICING CHARATERISTICS OF EBAY 1.Straightforward Pricing This strategy is solely on the bases of the profit the seller wants to make .The seller has his/her expected profit margin. Maybe the seller got the product for = 50 cedis shipping of the product cost =30 cedis markerting cost=50 cedis In total =130 cedis the profit magin the customer expect =50 cedis the selling price is = 180 cedis. 2.Pricing based on competitor This characteristic is common with Ebay.This is where the seller compares his price to that of the competitor . In the case where the competitors price is lower than the sellers initial price expected to be on the market, the seller massages the price to be lower.Example; average price of competitors=170 cedis expected price intially to be on the market by the seller =180 after comparison the seller reduces its profit margin(-15 cedis) sells the product for =165 cedis 3. Pricing based on customer value This is the mixtu of the two ie straight forward pricing and pricing based on comptitor.The seller considers bth pricing method an d choose the best mixture of the two so as he keeps customers. 4.Dynamic pricing The prices in this case are not fix .. it changes due to diverse reasons ... 5. Price bundling The gathers prices of similar goods and price them todether . Example a person who wants to buy a phone can get a package of a phone , phone case , and headphone together for a fixed price . 6. Price Skimming Prices affected ny factors like ;Exclusive Offer,Limited Stock,Limited Availability. Information Available include; price , sellers details , payment method , delivery method, etc.. pricing accomplish; bidding, staight sales , promo sales ,coupon sales. TO get a credit card on ebay one is expected to get a score requitement of 700 or better....