CURRENT AFFAIRS

Detailed explanation-1: -Net transaction revenues primarily include final value fees, feature fees, including fees to promote listings, and listing fees from sellers on eBay. The net transaction revenues include store subscriptions and other fees, often from large enterprise sellers. eBay made $9.8 billion in Net transaction revenue in 2021.

Detailed explanation-2: -eBay is a prominent example of a C2C intermediary. It includes fixed-price and auction items and appeals to customers seeking good deals and hard-to-find products. Amazon. Amazon is both a B2C and C2C platform.

Detailed explanation-3: -Within an auction model, eBay employs a wholesale pricing strategy. In most cases, interested buyers must bid on items for sale on eBay Sellers list auction items for a three-, five-, seven-, or 10-day period, and the buyer willing to pay the highest amount wins the product at the end of that time frame.

Detailed explanation-4: -4. Transaction Fee Revenue Model. This model charges a fee every time a transaction is made through their platform. For example, eBay charges sellers a fee whenever an item is sold; PayPal charges users a fee for transferring money; eTrade gains a transaction fee whenever a stock is sold; and so on.

Detailed explanation-5: -Transactional revenue models are based on predictable sales of goods. Transactional revenue models are less attractive than recurring revenue because a company has to “do” something anew for every sale (produce and ship goods). Toothpaste and printer toner provide good examples of transactional-revenue products.