The following example demonstrates how easy it
is to buy and sell online:-
- GoSeller (a seller) posts a auction or
classified ad.
GoSeller can sell a single good or service; or sell
items in bulk.
- Dealseaker (a buyer) makes an offer.
DealSeaker can make an offer, or agree to
GoSeller's asking price. DealSeaker and
GoSeller continue to send each other counter-offers
negotiating the price of the item.
- DealSeaker finally agrees to GoSeller's
asking price.
Now that DealSeaker has agreed with
GoSeller's counter-offer, GoSeller must
accept DealSeaker's offer to buy the item.
- GoSeller accepts DealSeaker's offer
to buy. Item Sold!
- Now that the deal has been finalized, both GoSeller and
DealSeaker decide that how the payment will be made and
how the item will be shipped.
Now that you have learned that how easy it is to buy and sell online, you
may be interested in knowing more about:-
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