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Once the auction is completed, a final value fee is charged.
This fee generally ranges from 1.25 percent to 5 percent of the final sale price.
Customer to customer (C2C) markets provide an innovative way to allow customers to interact with each other.
Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service.
Some people wanted things, other people had things and wanted to sell them. The use of classifieds is referred to as classified advertisement.
Normally used in text based print, classified advertisement is a now a strong vertical market that allows customers to communicate their needs with each other.
Customer to Customer marketing has become more popular recently with the advent of the internet.
Companies such as Craigslist, e Bay, and other classified and auction based sites have allowed for greater interaction between consumers, facilitating the Customer to Customer model.
At that point it's up to the seller and buyer to finish the transaction independently of the C2C site. Although it's free to shop and place bids, sellers place fees to list items for sale, add on promotional features, and successfully complete transactions.This facilitates easy exploration for buyers and enables the sellers to immediately list an item for sale within minutes of registering.When an item is listed on a C2C site, a nonrefundable insertion fee is charged based on the seller's opening bid on the item.Meet and interact LIVE with thousands of free cam girls from around the world. Make friends, watch amateur videos and participate in LIVE webcam sex chats.