eBay is the world's online marketplace; a place for buyers and sellers to come together and buy or sell almost anything!
Here's how eBay works:
- A seller lists an item on eBay, from antiques to cars, books to sporting goods. The seller chooses to accept only bids for the item (an auction-type listing) or to offer the Buy It Now option, which allows buyers to purchase the item straight away at a fixed price.
- In an online auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.
- In a Buy It Now listing, the first buyer willing to pay the seller's price gets the item.