(Solved):How do companies like eBay, Amazon and Flipkart make a profit when they sell almost all their…

 

Question

How do companies like eBay, Amazon and Flipkart make a profit when they sell almost all their products at a discount?

 

EXPERT ANSWER

E-bay, Amazon and Flipkart have numerous sellers listed on their platform. Whenever any seller gets an order, these companies receive a fee which is usually a percentage of their selling price. Hence, these companies can afford to sell their products at a discount as they receive their fee on

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