You, Inc.

1. You, Inc. Group members: • Michelle Barborino • Betty Myhand • BrendenLunney • AbbasKazmi • Jihua Liu

2. Q1. EBay Prices VS Best Buy EBay Best Buy Canon- Power shot 14.1 Megapixel Digital Camera: Black . $349.99 Microsoft- Xbox 360 Elite Console. $299.99 Garmin GPS 205. $109.99 Apple IPOD touch 8GB 3rd Generation. $179.99 Sony Blu ray Dicplayer . $149.99 • Canon- Power shot 14.1 Megapixel Digital Camera: Black. $349.99 • Microsoft- Xbox 360 Elite Console. $219.95. • Garmin GPS 205. $ 149.99 • Apple IPOD touch 8GB 3rd Generation. $189.99 • Sony Blu ray Dicplayer . $ 199.99 3 of the 5 products I researched Ebay ‘s prices were higher then those of Best Buy Retailers. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

3. Q2. How eBay charges for its Auctions? • When you list an item on eBay, you're charged an insertion fee. If the item sells, you're also charged a final value fee. The basic cost of selling an item is the insertion fee plus the final value fee. • The basic fee structure depends on the type of listing—auction-style or fixed price format—you use. • All fees are in U.S. dollars. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

4. Q2.(cont.) Insertion Fee • An insertion fee is a fee for listing your item for sale. • This fee is charged to your seller account at the time of listing. • The insertion fee charged is based on the reserve price if a reserve • price is set. If there's no reserve price, it's based on the starting • price. • As with a newspaper ad, you need to pay this basic listing fee, even if • your item doesn't sell. If the item sells, you'll also be charged a final • value fee. • Insertion fees aren't refundable. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

5. Q2.(cont.) Final Value Fee When your item sells or ends with a winning bid, your seller account is charged a final value fee based on the item's final sale price and category. How do I know what the final value fee will be? Auction-style: The final value fee is based on the final sale price. Fixed price or Buy It Now: The final value fee is based on the final sale price and category. Reserve price auction-style listings: The final value fee is based on the final sale price when the reserve price is met. There's no final value fee if the reserve isn't met. Auction-style or fixed price listings in Business & Industrial categories: The final value fee is based on the final sale price and category. Here's an example of a final value fee calculation for an auction-style listing: You sell an item for $100.00. Your final value fee is 9% of the final sale price, which is $9.00. The maximum final value fee for auction-style listings is $50. For example, if you sell an item for $1,000, you’ll pay only $50, even though 9% of $1,000 is $90. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

6. Q2.(cont.)My Decision? • “Final Value Fee” • When your item sells or ends with a winning bid, your seller account is charged a final value fee based on the item's final sale price and category. • Because: You won't be charged a final value fee if: • There's no bid on your item. • No bids meet your reserve price. • Your posting is a Real Estate non-binding listing. • Your item or service is listed using the Classified Ad format. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

7. Q3. Price Comparison Information • The price comparison was done through Froogle.com. • Canon- Power shot 14.1 Megapixel Digital Camera: Black • Amazon @ $179.54 – No Tax & Free Shipping • B & H Photo – Video Audio @ 182.00 – No Tax & Free Shipping • Musicians Friend @ 199.99 – No Tax & Free Shipping • Microsoft- Xbox 360 Elite Console • Amazon @ $299.00 – No Tax & Free Shipping • Sams Club @ 290.00 – No Tax & Free Shipping • Buy.Com @ $299.0 – No Tax & Free Shipping You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

8. Q3.(cont.) Price Comparison Information • Garmin GPS 205 • Amazon @ $109.99 – No Tax & Free Shipping • Tiger Direct.com @ $114.99 – No Tax & Free Shipping • J & R Music World @ $129.88 – No Tax & Free Shipping • Apple IPOD touch 8GB 3rd Generation • Amazon @ $179.54 – No Tax & Free Shipping • B & H Photo – Video Audio @ $182.99 - No Tax & Free Shipping • Musicians Friend @ $199.99 – No Tax & Free Shipping • Sony Blue Ray Disc player • Amazon @ $159.88 - No Tax & Free Shipping • B & H Photo – Video Audio @ $165.09 - No Tax & Free Shipping • One Call @ $176.99 - No Tax & Free Shipping You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

9. Q4. What are the terms that will help you sell on eBay and make profit? • A picture is worth 1000 words • Do your eBay research • Learn all about shipping • Pay as much attention to the writing of your eBay listing as to your picture.  • Offer full payment option, including credit cards  • Focus on getting positive feedback first You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu

10. Q5. Run The Auction! • Garmin GPS 205 - $40.00 cheaper at Best Buy • Apple IPOD touch 8GB 3rd Generation - $10.00 cheaper at Best Buy • Sony Blue ray Disc player - $50.00 cheaper at Best Buy • We would most likely earn a profit on the Garmin GPS 205 and the Sony Blue ray Disc player because they are a lot cheaper at the retail store. • The Apple IPOD touch 8GB 3rd Generation is only $10.00 cheaper, so people may buy it from Best Buy to avoid paying extra for shipping and waiting for the product. • If we wanted to try to earn profit on the IPOD, we could include Free Shipping to get customer’s attention. You Inc. By - Michelle Barborino, Betty Myhand, Brenden Lunney, Abbas Kazmi, Jihua Liu