Quiz: Can you make money on eBay?
You've heard stories about people making a killing on eBay, but do you have what it takes to get an eBay business off the ground? Find out with our quiz.
When did eBay get its start?
Who was the founder of eBay?
- Pierre Omidyar
- Meg Whitman
- Steve Jobs
How many active users does eBay have?
- 97 million
- 68 million
- 150 million
What is the average dollar volume of sales per second?
- More than $1,500
- More than $3,000
- More than $2,000
In spite of a weak economy, how much did online retail sales increase in 2010?
- 25 percent
- 13 percent
- 9 percent
Which of the following items can you NOT buy on ebay?
- New iPhones
The auction format works best if:
- A high demand exists for the item.
- You are unsure of the price.
- You have a large quantity to sell.
A "buy it now" price is used in:
- Auction format
- Fixed price format
- Branded stores
What is a reserve price?
- The minimum acceptable bid
- eBay's selling fee
- A Paypal savings account
What information should be included in the title?
- Important keywords
- Adjectives & superlatives
What is an easy way to appeal to buyers?
- Offer free shipping
- Include a gift with purchase
- Start a frequent buyer program
eBay Buyer Protection does NOT cover:
- Incorrectly described items
- Buyer's remorse
- Substitutions, such as a hat instead of a scarf
What is the minimum number of transactions required to become a PowerSeller?
- 100 transactions in 12 months
- 200 transations in 12 months
- 75 transactions in six months
Which of the following is NOT a benefit of becoming a Titanium PowerSeller?
- Health insurance opportunities
- A 401 (k) account
- Shipping discounts
What is a DSR?
- Daily sales report
- Detail seller ratings
- Demand/supply rules
Which of the following is NOT a PowerSeller tier level?
What annual sales are required to become a Titanium seller?
- $1.8 million
- $1 million
- $2.5 million
Phone support is offered to PowerSellers during this time period:
- 9 a.m. - 6 p.m.
- 6 a.m. - 10 p.m.
- 12 noon to 12 midnight
What can sellers add to their listings for a small fee?
- Pop-up advertising
- Product reviews
What are Top-rated seller designations based on?
- Product variety
- Customer ratings
- Creative marketing