GROUP MEMBERS:  Michelle Barborino  Betty Myhand  Brenden Lunney  Abbas Kazmi  Jihua Liu.

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Presentation transcript:

GROUP MEMBERS:  Michelle Barborino  Betty Myhand  Brenden Lunney  Abbas Kazmi  Jihua Liu

EBAY  Canon- Power shot 14.1 Megapixel Digital Camera: Black. $  Microsoft- Xbox 360 Elite Console. $  Garmin GPS 205. $  Apple IPOD touch 8GB 3 rd Generation. $  Sony Blu ray Dicplayer. $ BEST BUY  Canon- Power shot 14.1 Megapixel Digital Camera: Black. $  Microsoft- Xbox 360 Elite Console. $  Garmin GPS 205. $  Apple IPOD touch 8GB 3 rd Generation. $  Sony Blu ray Dicplayer. $ of the 5 products I researched Ebay ‘s prices were higher then those of Best Buy Retailers. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

 When you list an item on eBay, you're charged an insertion fee. If the item sells, you're also charged a final value fee. The basic cost of selling an item is the insertion fee plus the final value fee.  The basic fee structure depends on the type of listing— auction-style or fixed price format—you use.  All fees are in U.S. dollars. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

An insertion fee is a fee for listing your item for sale. This fee is charged to your seller account at the time of listing. The insertion fee charged is based on the reserve price if a reserve price is set. If there's no reserve price, it's based on the starting price. As with a newspaper ad, you need to pay this basic listing fee, even if your item doesn't sell. If the item sells, you'll also be charged a final value fee. Insertion fees aren't refundable. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

When your item sells or ends with a winning bid, your seller account is charged a final value fee based on the item's final sale price and category. How do I know what the final value fee will be? Auction-style: The final value fee is based on the final sale price. Fixed price or Buy It Now: The final value fee is based on the final sale price and category. Reserve price auction-style listings: The final value fee is based on the final sale price when the reserve price is met. There's no final value fee if the reserve isn't met. Auction-style or fixed price listings in Business & Industrial categories: The final value fee is based on the final sale price and category. Here's an example of a final value fee calculation for an auction-style listing: You sell an item for $ Your final value fee is 9% of the final sale price, which is $9.00. The maximum final value fee for auction-style listings is $50. For example, if you sell an item for $1,000, you’ll pay only $50, even though 9% of $1,000 is $90. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

“Final Value Fee” When your item sells or ends with a winning bid, your seller account is charged a final value fee based on the item's final sale price and category. Because: You won't be charged a final value fee if: There's no bid on your item. No bids meet your reserve price. Your posting is a Real Estate non-binding listing. Your item or service is listed using the Classified Ad format. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

 The price comparison was done through Froogle.com.  Canon- Power shot 14.1 Megapixel Digital Camera: Black  $ – No Tax & Free Shipping  B & H Photo – Video – No Tax & Free Shipping  Musicians – No Tax & Free Shipping  Microsoft- Xbox 360 Elite Console  $ – No Tax & Free Shipping  Sams – No Tax & Free Shipping  $299.0 – No Tax & Free Shipping You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

 Garmin GPS 205  $ – No Tax & Free Shipping  Tiger $ – No Tax & Free Shipping  J & R Music $ – No Tax & Free Shipping  Apple IPOD touch 8GB 3 rd Generation  $ – No Tax & Free Shipping  B & H Photo – Video $ No Tax & Free Shipping  Musicians $ – No Tax & Free Shipping  Sony Blue Ray Disc player  $ No Tax & Free Shipping  B & H Photo – Video $ No Tax & Free Shipping  One $ No Tax & Free Shipping You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

 A picture is worth 1000 words  Do your eBay research  Learn all about shipping  Pay as much attention to the writing of your eBay listing as to your picture.  Offer full payment option, including credit cards  Focus on getting positive feedback first You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

 Garmin GPS $40.00 cheaper at Best Buy  Apple IPOD touch 8GB 3 rd Generation - $10.00 cheaper at Best Buy  Sony Blue ray Disc player - $50.00 cheaper at Best Buy  We would most likely earn a profit on the Garmin GPS 205 and the Sony Blue ray Disc player because they are a lot cheaper at the retail store.  The Apple IPOD touch 8GB 3 rd Generation is only $10.00 cheaper, so people may buy it from Best Buy to avoid paying extra for shipping and waiting for the product.  If we wanted to try to earn profit on the IPOD, we could include Free Shipping to get customer’s attention. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu