Flashcards
Online auctions
Cards in this deck (8)
- 1Online auctionsBy Shaun and Jake
- 2New and used items. Bid over a set period of time.The highest bid wins.
- 3User feedback gives sellers and buyers credibility.Need an account for security.
- 4Other features:Set a highest bid price, site automatically bid's for you, buy it now, best offer.
- 5Users can buy and sell.Most sites free to bid on. Sellers usually pay fees to list and pay % of final sale price.
- 6Even more features:Alerts, estimated delivery time, payment, watch list, collection, feedback and follow.
- 7Benefits:Often cheaper, can find anything, can buy 2nd hand, legal protection
- 8Disadvantages:Seller may be outside the UK, import tax, sizes, easy to set up than an online website.
Information
- Description
- Flashcards on Online auctions, created by Master Michael Pryke on 30/01/2015.
- Created by
- Master Michael Pryke
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