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Facebook Marketplace

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Learn How to sell on Facebook Marketplace

Facebook Marketplace has in 2016, quickly proved itself for buyers and sellers alike.

Facebook’s marketplace is an online shopping platform that came in perfect timing. users in Facebook were already creating and joining buy and sell groups on Facebook. Facebook just made this platform official.

On Facebook Marketplace, you can buy and sell within your community, there a specific niche that the seller and buyer can use. 

If you’re a U.S.A seller can only sell across the continental United States.

Facebook Marketplace provides public profiles and rates for sellers and buyers. 

The ratings provide buyers and sellers confidence about their transactions.

Through Facebook Messenger, you can chat with customers. Facebook makes the complete process easier using the most popular social media.

with Facebook marketplace the payment process is easy, you are free to use other platforms of payments such as cash and PayPal.

You can sell everything on Facebook Marketplace, from ranting a house, salle care or sell a TV,

new or used.

And because Facebook is a free platform and that’s why the seller does not get fees charge.

it’s good to start to get into the e-commerce world

How do I sell things on Facebook Marketplace?

The first step is to create a listing for the item you’re selling. 

Select Facebook Marketplace in the main menu and click on the Sell button at the top of the Marketplace menu.

you will need to choose between four types of listings: 

  • Items
  • Vehicles
  • House for sale or rent
  • Jobs

Next, upload the product picture, price, title, condition category, location, description, and more information that you have decided on.

Once you have provided the necessary information, click Next.

Publish to make your listing.

It will be available to everyone on Facebook.

let’s understand what are the four sales categories on Facebook Marketplace

Facebook Marketplace categories

Learn what is allowed and prohibited in each sales category.

Items:

All items must be physical products.

the product that allowed are:

  •  Clothing
  • Accessories electronics entertainment hobbies
  • Home and garden
  • Selles
products that are Prohibited to sell on Facebook Marketplace: 
  • Weapons ammunition
  • Animals
  • Drugs
  • Tobacco
  • Dietary supplements adult products and services
  • Real or fake currency
  • Healthcare products, a product with a before and after photo attached, Recalled products
The Advantages and Disadvantages of selling on Facebook Marketplace
Advantages – 

Facebook has more than 2 billion active users. 

75% are checking their Facebook account every day.

Thanks to Facebook’s sophisticated algorithms, people in the physical area will see your products that are up to sell.

with the Facebook marketplace, it is very easy to share products on your Facebook groups and sell platforms

Strong customer-

 Since the seller can talk with buyers with the Messenger platform, the buyer can see the seller Facebook profile, 

that’s gives the customer trusts to buy the products

Quick and easy listing process.

 The more professional and esthetics your listing looks, your sales will grow

It is easy to polish your products-

 for example by upload several photos, up to 10 at a time the main reason is that buyers can look at the pictures and be more secure to pay for the products

Convenient shipping. 

as a seller, you can make the next decision, who will pay for shipping. 

creating and printing shipping labels facebook marketplace it is easy and inexpensive for buyers.

If the seller 

pays, the shipping cost is automatically part of the amount

Disadvantages – 
Limitations on volume sales-

If you have some variation of the same product, you must create an individual listing for each item that sells. 

Selling multiple quantities of an item is allowed if you post from a business page, but some sellers have reported issues even then.

Sparse notifications-

Facebook has a system that will email you updates about your listing,

you may or may not receive phone notifications

Facebook Marketplace rules-

Besides uploading products and selling items, the other main rule for selling on Facebook Marketplace is to ship items in a timeline that has been determined.

If you are a seller on Facebook Marketplace, you must ship the product in three days from the day you have made the sale. the Delivery must be after 10 days of the sale.

There are no rules about negotiating with buyers

How to negotiate with buyers on the Facebook marketplace-

Commonly, buyers are trying to negotiate on price the main thing is to avoid doing so on Messenger. Buyers will often hold off on the next seller instead of lowering their offer.

With items that you are shipping, it is up to the seller if negotiate on the price. 

For personal transactions, a straight exchange for cash or a check is better

How much does it cost to sell on Facebook Marketplace?

there are no costs for an individuals seller to sell on Facebook Marketplace.

moreover, there is no fee to join Facebook or Facebook Marketplace.

If you operate on Facebook Marketplace as a merchant, you must pay a 5% fee on any transactions, with a minimum charge of $0.40.

pay attention, you can only sell items priced between $5 and $500. 

 if you sell an item for $5, you will pay $.40 on that transaction even if the 5% fee is $.25.

 

Is selling on eBay better than Facebook Marketplace

Is selling on eBay better than Facebook Marketplace?

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This is a yes and no answer for both sellers and buyers. The answer depends on the item.

eBay has more audience it is a global platform the has grown in the last few years, while the Facebook marketplace is more local and didn’t arrive at global sales.

Facebook marketplace is faster but possibly less money to sell. 

On the other hand, it’s better for buyers, more accessible.

eBay, may take longer delivery, the products you’ll get the exact price you want as a seller it a buyer.

eBay has more options and variations, while on Facebook you won’t find the exact product you are looking for.

Facebook has no fees, while eBay charges a fee for selling and PayPal charges a transaction fee.

Again it all depends if you are a seller or a buyer and what is the specific item.

Facebook has the largest audience than amazon.

Facebook is the platform that has the largest audience more than amazon. The problem is that the Facebook marketplace is very hard to sell because many Facebook users don’t use the marketplace platform and prefer to buy on Amazon or eBay. So the best idea is to sell on multiple platforms. In Triplemars platform you can sell the same products in multiple destinations, and now you can gain more audience that watches your products. And you don’t take any risk because if your store got blocked you have other stores on other platforms. Therefore this is a win-win situation so we recommend to every Triplemars customer is to keep their business in multiple destinations to minimize risk and to be a bigger seller

Last important point, we talked about Facebook marketplace speed. Very easy to use and fast another thing that makes Facebook marketplace so special is the money that you pay to them every month, cheaper than eBay and Amazon, so selling fees estimate to be cheaper

Best Automated Dropshipping Software for Ebay

Shopify Or eBay? On Which Platform Should I Dropship?

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Shopify and eBay are two of the biggest names in the online selling industry. But which, the platform is more profitable and will grow your online business.

Shopify or eBay:  

Both platforms enable small online business owners to sell products with varied and renewable inventory, to sell those products online.

this is the only thing that is similar to those platforms.

How Does eBay Works? 

eBay is one of the oldest online marketplaces.

eBay is the first online auction platform. 

there some sellers that use eBay to list some antiques, secondhand products, and other products, on the other hand, there are sellers that sell some new products and original items. 

As a dropshipper, you can open your own eBay store, upload products, and sell them online, as a dropshipper you don’t need to have physical stock, the idea behind it is to be a mediator, upload some products from one marketplace to another and profit from the pricing gap. 

Either way, online marketplaces like eBay are the best platform for online business. hobbyists, or business.

It is another platform to gain money.

How Does Shopify Work: 

Shopify is one of the most popular online marketplaces for online businesses, on Shopify, the seller builds his own web. 

Rather than simply auctioning off your items, as you would with eBay, when you opt for selling on Shopify you’re opting to have full control and management over your store, product fulfillment, and customer relationship management.

The most valuable thing in Shopify is your Shopify store, there is access to the Shopify App Store, as a seller, you can download thousands of compatible apps that can help you as a seller to provide the most important things on your online store and optimize your Shopify store, for example, marketing apps, store design apps, order, shipping, customer service, retention, inventory management and more.

Pricing:

like all businesses, it takes money to make money, on both platforms.

 Here is the comparison between the costs fees and costs involved in opening a Shopify or eBay store

Shopify Pricing:

in Shopify, there are 3 programs.

services plans: 

  • The basic plan of Shopify
  • Shopify
  • Advanced Shopify

The Plans are different, every plan has different benefits, in available features, capabilities, Shopify Shipping discounts, and reduced rates through Shopify Payments. 

in every plan the seller can choose, to upload an unlimited list of products on the smaller site, also have an access to other features, check out on Shopify’s Pricing page.

Every plan have the access to the Shopify App Store

so if you are smaller on Shopify and your 

the plan doesn’t include some process, feature or tools, that you’re looking for, you can find it on thousands of Shopify-compatible apps.

Shopify Pricing- monthly payment: 

  • The basic plan of Shopify- $29 per month
  • Shopify- $79 per month
  • Advanced Shopify- $299 per month

Shopify’s has monthly fees become steep for the advanced plans, but as they’re stable fees, it is very easy to plan for in your own business budget.

Shopify offers 14 free days that are for every seller, so you can days take advantage of Shopify’s 14-day free plan and Make sure the platform is right for you.

Shopify offers to small or new businesses to use Shopify Lite, for $9 for a month. this plan enables selling on existing websites, blogs, or on Facebook and through an embeddable Buy Button. 

Businesses that have a lot of orders, can make the Shopify Plus plan, this plan provides selling solutions and prices for enterprises

eBay Pricing and Fees

If you’re a seller that u sell one-off items, then eBay won’t charge you for a monthly service, but eBay will charge several types of selling fees when you list your products on this platform, including:

Insertion fees

Final value fee 

final value fees on shipping

Payment processing fees 

Remember that if you open an eBay Store as a seller, you’ll have to pay for your salle plan, a monthly or yearly payments subscription. either a monthly or yearly subscription.

the plan pricing:

  • Starter: $7.95/month, or $4.95/year
  • Basic: $27.95/month, or $21.95/year
  • Premium: $74.95/month, or $59.95/year
  • Anchor: $349.95/month, or $299.95/year
  • Enterprise: $2,999.95/year

Now that you have all the necessary information about eBay and Shopify which platform will you use?

 

Best Automated Dropshipping Software for Ebay

eBay Managed Payments

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The meaning of the new eBay managed payments 

Managing payments improved the selling and buying experience on eBay, provides buyers with several ways to pay and several platforms for the seller to accept the profit. eBay has managed billions in payments for thousands of sellers with PayPal but with the new eBay managed payments eBay will require all sellers to register for eBay to manage payments in 2021.

The reason for the managed payments

this change has come for some reasons: 

It is more simple to sell –

With the new eBay managed payments it is easier for buyers to pay. And that is why the sales will grow, with these managed payments it is more flexible, with more payment options for buyers.

Low fees- 

With the new eBay managed payments the fees are lower, in that way you can save a lot of money and profit more. 

Pay lower fees and profit more.

Simpler to manage your online business-

All the information that requires to manage your online business in one place, reports, returns, claims, and disputes, all in one place.

Did you get a message from Payoneer?

When you have received a message from eBay that recommends is to register before the deadline. And avoid any interruption to your online business. This process consists of several simple steps. Once you have done the registration, eBay will send you some details about how to prepare your online business.  And take full control of a simpler approach to payments.

To complete the process, the seller and buyer have to open a Payoneer account. The managed payments allow buyers and sellers to lead global payments.

the new managed payments allow sellers to easily receive funds associated with their transactions on eBay.

This new partnership allows sellers to manage all their financial transactions on eBay. By streamlining the selling process, you can more easily manage profits.

If you have a Payoneer account you will be able to connect your account to your eBay account as part of the Changement to managed payments  

If you don’t have a Payoneer account, you will need to open a new account to complete the new managed payments process. Without this part you won’t be able to be a seller on eBay. 

Payoneer will request information for your registration, please provide this information to is complete the process.

As part of the registration process, the seller can choose to add any bank account.

Please make sure that the name, address, and business information on your bank account are the same as your eBay account.

eBay will work closely with sellers to make sure that the new payments experience provides a solution to all the seller’s needs.

Once you register, nothing should change until eBay will activate your account.

eBay will send you an e-mail that notifies you about the deadline date of your activation. This message will include information on the new managed payments.

 

Learn what are the benefits of the new eBay-managed payments?

 

 

Tripple Mars - Motive

The Benefits Of The New eBay Managed Payments

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The Benefits Of The New eBay Managed Payment.

Since its inception in 1995 eBay has capitalized on the obsession we have for online shopping and selling. But for those who run a business buying and selling items on eBay, reconciling accounts can get messy at the best of times. 

For eBay, all of the payments and purchases were previously worked with Paypal, all of the transactions across the two platforms took a lot of time-consuming, causing inaccuracies, challenges with 

refunds and payments. 

To resolve those issues, eBay transforms to the new Managed Payments.

What Are The New eBay Managed Payments?

After Paypal became an independent company, for the past 5 years, sellers and buyers still could use Paypal as part of eBay experience. 

However, that’s going to change.

eBay’s new Managed Payments, eBay has replaced Paypal with a new platform for sellers to manage their eBay business and for buyers to have the ability to pay in other options. 

According to eBay’s Managed Payments FAQ section: 

“Managed Payments is the new way to do business on eBay […] all sellers will eventually be required to have eBay manage their payments to keep selling on eBay”. 

Yes, As a seller, must use the new eBay Managed Payments. 

So, how will this effects seller on eBay? 

This change should make life easier with consolidated fees, customized reports, refunds and returns, labels, simplified protections, and tax documentation, all accessible through your eBay account.

How Does eBay Managed Payments Works?

In the interest of eBay is to keep all of your transactions within their platform. The idea behind this changmant is that eBay’s internal platform is more streamlined, saving sellers time and money. that’s means that sellers can sell and get paid all of the financial information in one place. 

Rather than funds being routed with Paypal and incurring additional fees, eBay manages the transactions between the seller and buyer. Sellers have access to their own ‘Seller Hub’ where you can track sales, obtain invoicing information, schedule payments, and more information.

The benefits of Using eBay Managed Payments:

Automatic funds transfer: in Contrast to the old platform of using PayPal and having to move funds to Paypal and then into your bank account. You can directly deposit your eBay balances into your bank account when using the eBay Managed Payments platform.

Payment options have increased:

  •  Credit cards
  • debit cards
  • gift cards
  • Paypal
  • Paypal Credit
  • Google Pay
  • Apple Pay 

are all accepted new and the buyer can easily pay. 

This can avoid a situation where the customer does not complete the transaction because of the fears of the buyer entering credit information in an unsafe manner

Better Seller Protection:

Paypal used to manage disputes as a third party, now sellers can manage those issues directly through eBay. This gives the seller more control in the complaints process. 

Fee:

There are lowers fees, using the new eBay Managed Payments. You’ll just pay a minimal 

the fee to eBay for each item sold and listed. 

Refunds And Returns:

With low fees lost to a third party, you can refund up to 100% of the purchase price on returns. These can be done simply with eBay. 

Easier Order Management:

Easily track your sales introduction of a single order number for each sale. This improves the seller’s ability to track stock levels. 

Great Shipping Options:

New eBay’s Managed Payments global shipping program ensures sellers can easily ship internationally.

Disadvantages of Using eBay Managed Payments.

Delay in finances:

The funds can 2-4 days for transferred from eBay to the bank account, some sellers have reported about 7 days for the transfer.

Additional Fees:

The transaction fee of $ 0.25 for each listing, now every order applies in addition to a payment fee of 2.7% of all the order value.

The coast of the new eBay Managed Payments As A Seller

The new eBay Managed Payments Fees are lower than before.

A fixed fee of 30 cents for every listing applies in addition to the standard post-sale fee.

Avoiding Paypal’s fees means that sellers will pay fewer fees for every deal that’s how sellers saving money and profit more compared to the pre-managed payment days.

So, Is eBay Managed Payments is better for sellers? 

The new eBay managed payments certainly have some details that are still missing, and there are as many good opinions as there are negative opinions about it.

As a seller this change is positive, eBay shared one seller’s perspective in detail 

The seller saves more than $ 1200 of Paypal fees compared to the old payments. 

It is easier to use the payments portal.

Easier Sales records numbers for tracking purchases.

The 30c saving 30 cents of each listing compared to the old system

funds transfer upload the sales, the buyer has more options to play safely.  

 

Tripple Mars - Payoneer

The Meaning Of Managed Payments

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The meaning of manage payments  

The friendship between eBay and PayPal has come to an end. Ayden is presently changing the payment platform.

Buyers and sellers – affecting millions of people who buy and sell goods and services on the website. 

Spotify, Etsy, Uber, and Netflix are just a few of the companies that use the company’s payment system.

 

Why did eBay and PayPal split up?  

eBay and PayPal have been working together since the online marketplace acquired the payment platform in 2002.

In 2015, the two decided to part ways.

The Maine reason that eBay picked Adyen is to improve on the experience of trading. It helps the company to develop the buyer and seller experience.

What services will Adyen provide to buyers and sellers? Adyen will provide advantages to both buyers and sellers.

For sellers: 

  • Cheaper processing –

Most dealers will see expenses of installment handling decrease after they move to Adyen.

  • Control – 

Control on the financial action, and connection with clients. Further,

it permits you to incorporate all data in a single spot for close observing.

This is done in order to provide better service to both buyers and vendors.

Customers will benefit from a simplified pricing structure and a higher right of entry to their fees. Smoothed out business control. also, Adyen will give venders to deal with their business undertaking.
 

  • Business Management- 

Adyen offers a focal spot for merchants to deal with their internet-based business.

eBay offers answers for dealing with your web-based business with full data about your business, particularly installment data in a single spot.

  • Increased Sales 

At the time, eBay only accepts a few payment methods. The utilization of Manage Payments furnishes clients with more choices to pay, that is Expands the installment choice in various geological regions, that is the way dealers will actually want to arrive at more purchasers.

For buyers: 

  • Payments Options – 

Buyer has more payment options with different platforms;

Shopping online on eBay will offer more choices in payment options at the checkout.

  • Shopping Experience-  

eBay will manage the entire payment process, providing a streamlined experience for buyers on the site.

For now,

buyers and sellers using PayPal benefit from protection services, that is, resolving refunds and financial issues. The mange payments will change the customer’s protection. For now, there is not enough information about the financial protection service.

 

When the management payment is happening? 

The collaboration between eBay and PayPal will officially end in the middle of 2020.

eBay will be implementing the transition with customers in mid-2021; the process began for the first time in 2018 in North America.

 

What should sellers do?  

First of all, you must open a Payoneer account, read Triplemars step-by-step guidance. 

Sellers may provide eBay with additional payment-related data

and may have to agree to new terms around payments. Sellers will be required to comply to continue selling on eBay. All of this process

will happen in July 2021. You can contact eBay using paymentsinfo@ebay.com to ask questions about Ebay’s payment platform changes. 

 

PayPal  

PayPal will still be available as a secondary payment choice for buyers and sellers through the transition process.

However,

PayPal could cease to be an option from July 2023, when its agreement with eBay ends. 

 

eBay-Managed-Payments

eBay Managed Payments

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eBay Changing the platform to manage payment.

eBay has been signed an agreement with Adyen. Adyen is a leading global primary payment. The main reason is to become the primary payment, processing partner. 

The reason for moving Managed Payment.

The reason for moving to Managed Payment service is to improve the customer experience. Through brokerage primary payment on its Market Place platform, eBay will manage all the payments and change the payment experience process because it will be more simple for buyers and sellers. 

eBay has signed an agreement with Ayden. A global payments processor, to become its primary payments, processing partner. 

PayPal will be a payments option at checkout for eBay buyers.

eBay movement to manage payment happening quickly as possible. Complete this process within the parameters of the Operating Agreement with PayPal. It remains in place through mid-2020. 

 

Moves to managed payment, all for the benefit and improve the buyer and seller experience.  

With this method, eBay Expands the customer base. and

In the e-commerce world, customers prefer one payment area. and

As eBay intermediates payments, shoppers will be able to complete their purchases within eBay and

eBay is a global marketplace. It operates in over 200 markets. eBay must continue to provide localized payment options for sellers and buyers that are tailored to their unique needs. 

Over the past years, eBay has transferred the business to drive the best choice, more relevance, and more powerful selling platform. because eBay’s payments capabilities are eBay’s next step in the company’s strategy, intending to drive significant benefits and efficiencies for its buyers and sellers globally.

 

So, what are the benefits?  

Benefits for sellers: 

Lower Costs- 

Sellers can expect their payment processing costs to be less after they switch to eBay’s intermediated payment model, as well as more predictable access to their funds and,

Control- 

A Central Place to Manage Payment. eBay is working on solutions to provide sellers with information about their eBay business. Inclusive of payments information, all in one place so that sellers can easily track and manage all of their transactions and customer interactions on eBay. 

Improved Conversion 

Offering buyers more choice in how they pay and expanding payment options into more geographies. eBay believes sellers will be able to reach more buyers and improve conversion. 

Benefits for buyers: 

Payment Options –

eBay provides larger choices in payment options at the checkout. 

Integrated Checkout –

eBay will manage the entire checkout experience, delivering a more streamlined experience for consumers. 

 Strategic Partnership –  

As we all know the change happened because eBay has signed an agreement with “Adyen” to manage all the payments processing and global it. Adyen powers payment processing for a number of the world’s leading global marketplaces. It brings to this partnership a broad global footprint with a flexible and scalable technology platform.  

Long-Term Investments –

eBay begin to make significant investments, the reason is to build the capabilities because it is necessary for intermediate payments. 

eBay’s finance team brings significant payments expertise from Alipay, Google, HSBC, Square, and Wells Fargo. 

 

Timing –  

eBay has begun this process in 2018 in North America and Gradually, then continued to the rest of the continent and the rest of the world. 

In 2021, eBay expects to have transitioned a majority of all the Marketplace customers to the new manage payments. 

Sellers on eBay in an intermediated landscape will, for the most part, be very similar as they do today.  For example, sellers will not need to change their accounts with eBay. Venders will keep on signing into eBay and deal with their postings as they do today. Sellers may expect to see new dashboards and reports, including payments, once eBay begins to accept payments.

The manner in which dealers speak with eBay will be comparative. Venders don’t have to change their eBay accounts. You can keep on dealing with your postings on eBay as expected too.

eBay sellers can expect new tools and dashboards that include payments when eBay starts interim management payments. 

 

General  

  • Presently eBay is switching to Manage Payment. eBay will work closely with sellers.
  • To empower dealer installments in eBay accounts, vendors ought to hope to give an extra installments related information and change to eBay.
  • Sellers will be required to complete all of the steps that require to manage payment.
  • Sellers can reach out to eBay at paymentsinfo@ebay.com to learn more about eBay’s payment efforts and timelines. Ask questions and share your thoughts.

 

Customers expect eBay to add value and improve the buying experience while lowering costs and increasing efficiency.

eBay is committed to mentoring clients closely and closely in favor of an essential move.

E - commerce - online Shopping

What is ecommerce?

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Ecommerce, also known as internet commerce or electronic commerce, refers to the buying and selling of merchandise or services using the internet, the transfer of money and data to execute these transactions.   

Ecommerce is often used to refer to the sale of physical products online. But it can also describe any kind of commercial transaction that is facilitated through the internet.  

while e-business refers to all aspects of operating an online business. eCommerce refers specifically to the sale of goods and services.  

 

E-commerce has evolved to make products more convenient for you, the reason is to discover and buy products through online retailers and marketplaces. Independents, small businesses, and big companies have all benefited from e-commerce. It allows them to sell their goods and services with a system that was not possible in traditional offline commerce.

Four main types of eCommerce models can describe any transaction that takes place between consumers and businesses.

Business to Consumer  

When a business sells a commodity or service to an individual consumer.  

Business to Business   

When a business sells a commodity or service to another business.   

Consumer to Consumer   

When a consumer sells a good or service to another consumer.   

Consumer to Business  

When a consumer sells their services or products to a business or organization.   

   

Examples of Ecommerce  

Retail  

It is the sale of a product by a business directly to a customer without any intermediary and

Wholesale  

It is the sale of products in bulk, often to a retailer that then sells them directly to consumers and

Dropshipping  

It is the sale of a product, which is manufactured and shipped to the consumer by a third party and  

Crowdfunding  

It is the collection of money from consumers in advance of a product being available to raise the startup capital necessary to bring it to market and

Subscription  

It is the automatic recurring purchase of a product or service regularly until the subscriber chooses to cancel and

Physical products  

It is any tangible good that requires inventory to be replenished and orders to be physically shipped to customers as sales are made and

Digital products  

It is downloadable digital goods, templates, and courses, or media that must be purchased for consumption or licensed for use and

Services  

It is a skill or set of skills that is provided in exchange for compensation. You can purchase the service provider’s time for a fee.