Evaluating Our Potential Business

Start an online store on the auction website eBay

Budget of our business

Indentify our Target Audience

Taking photos of our product

Setting up a virtual place

Registering on Ebay & Paypal

Uploading of product photos

Designing our webpage

Credit Card registration with Ebay and PayPal

Set Payment and Shipping Options

Setting prices and details for our product

Develop a Marketing Strategy by constantly updating info

Security Measures

Benefits of doing Business Online

Cheaper as it does not require physical Store

Easier for customers to buy goods with just one click of their mouse

Ability to sell and buy across borders

Having immediate access to our business 24/7 anywhere

Fast and efficient

Freelance

Supply Chain

Product Shipment

Delivery Services provided

Inventory

Keep count of stocks on hand

Methods of Payments

Accepting payments by PayPal

Bank Transfers

Things to take note

Cybercrime

Subtopic

Risks

Fake credit card details

Nigerian Scams

How Ebay works

buyer sees product online

buyer orders product and makes payment by CC

seller recieves order & payment

seller ships product

buyer receives product