eBay eBay eBay, This may be the first e-commerce company that started it all, well at least the first to be globally known and used for its consumer to consumer and business to consumer sales. I have to admit; it was the first e-commerce service I used to make money online. eBay is an auction style like service where you can bid on goods. You can find almost anything (that’s legal) on this site. A range of products from new to used, vehicles, fashion, electronics, collectibles & art, home & garden, sporting goods, toys, business & industrial, music, and the list goes on; if you can think of it, they have it. How eBay work is a seller from anywhere in the world can list their goods on eBay for sale, and a consumer from anywhere in the world can bid & purchase it. Once the auction ends, the products it sold to the highest bidder. The consumer then pays for it through Paypal (3rd party company), who offers a safe online payment system that ensures the security of the consumer’s money, then the seller ships the goods directly to the buyer. Completely free to create an account to buy and sell, only the seller is charged a fee when and if the products sell. eBay is the best e-commerce service to use if you want to get rid of some old junk that you have lying around. For example, you might have an old pair of used sneakers that you’ve spent $100 on, barely worn, and can’t seem to throw away. You can then sell it on eBay to make up for the loss. You might not be able to get the whole $100 back, but you may get $20, $40, or $60 back, depending on what the bidders are willing to bid. Getting something in return is better than losing that whole $100. eBay isn’t used to get rid of some old junk you forgot about in the attic at a loss; it also sells collectibles, antiques, and goods where you can profit. It connects a buyer from one end of the world to a seller on the opposite end. The products can be scarce in the region where the consumer is from, whereas its widely available in the seller’s area—the simple law of supply and demand. I recently sold a textbook on eBay for $65, which cost me $65 at Baruch’s bookstore. After all of its fees, I walked away with about $55. A $10 loss, but that’s a much better margin compared to what Baruch would have repurchased it for. You can easily create an account within minutes. Give it a try, buy, or sell something and let me know your experience.