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February 27, 2013

How eBay Buyers and Sellers Can Get Their Money's Worth

By Ashley Caputo, TMCnet Web Editor

eBay (News - Alert) completely transformed the online marketplace on a global platform as it gave consumers the opportunity to buy and sell basically any item that could be shipped and wrapped to any place imaginable. It has become a template for other online marketing places, like Amazon and Etsy (News - Alert), and has paved the way for the future growth of individualized commerce.

To make it easier for consumers to discover the price of the products they want to sell in correspondence with eBay standards, Market Price has released a website application that helps you figure out what a specific items worth by showing its price on eBay.

The Market Price website provides users with a simple search engine bar where a user can type in the name of any product and be shown a graph with information about its price point on eBay. This search engine helps eBay customers who are either buying or selling in an auction-style or “buy it now” option, as it provides them with valuable information about the price that can be used to make a desired financial decision.

Along with changing the landscape of the overall online marketplace community, users are now able to set prices and purchase items with sufficient statistical information. The graph includes information like the minimum, maximum, median, mode and standard deviation of the products’ price history on eBay.

Image via TNW

Customers no longer have to spend time searching endless on eBay to decide what the best price is for; using this application cuts the time users spend calculating their own mathematical equations.

With this tactical search engine to help consumers decide on a price by, the online marketing place has been revolutionized and has increased the changes of a seller or buyer of choosing the best financial option at hand (aka, get their absolute money’s worth).

To give Market Price a try, click here.

Edited by Rachel Ramsey
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