Question

If you sell your used phone on eBay you will be better informed about the quality of the product than any potential buyer. This is called?

Answer 1

A seller can reassure a potential buyer by providing detailed product descriptions, offering warranties or guarantees, and showcasing positive reviews or feedback.

Step-by-step explanation:

A seller can reassure a potential buyer who is faced with imperfect information in several ways:

1. Provide detailed product descriptions: The seller can provide accurate and comprehensive information about the product, including specifications, condition, and any relevant history or usage details.
2. Offer warranties or guarantees: By offering warranties or guarantees, the seller can assure the buyer that they stand behind the quality and functionality of the product, alleviating concerns about potential issues.
3. Showcase positive reviews or feedback: Sharing positive reviews or feedback from past buyers can help build trust and credibility, demonstrating that others have had positive experiences with the seller and their products.