Online marketplaces allow consumers to shop anytime, from anywhere, helping doctors purchase anatomy textbooks while performing surgery and fathers bid on cigars during the birth of their inaugural son. Score new stuff on your terms with today’s Groupon: for $7, you get $15 to use on eBay.
One of the world’s largest online shopping sites, eBay has helped more than 90 million consumers and businesses purchase and sell goods as diverse as clothes, technology, books, and cars. While eBay still runs thousands of online auctions, today the majority of its buyers make fixed-price purchases of new and used products like the flat-screen TVs, MP3 players, and GPS navigation devices found in the virtual electronics section. Stylistas can peruse the fashion storefront, where a pair of shoes is sold every seven seconds, a men’s necktie every three seconds, and a T-shirt emblazoned with the cover of Andre Agassi’s Open: An Autobiography every 10 years.
Bargains abound in eBay’s Daily Deals section, where new offers—curated by eBay staff and negotiated with its top sellers—hatch daily, sometimes hourly, with substantial discounts on home audio systems, digital cameras, and jewelry, to name just a few. Once a deal sells out, it’s replaced with a fresh offering bearing an announcement such as “added two hours ago” or “this baby deal is ready to feed.”