http://auctionsuperstore.blogspot.com/buy, sell, tradeenfeedblogger@yahoo.com (feedblogger)Wed, 14 Oct 2009 00:03:27 PDTBlogger http://www.blogger.com7125http://feeds.feedburner.com/AuctionSuperstore?format=skinBusiness/Business Newsfeedblogger@yahoo.comnobuy, sell, tradehttp://creativecommons.org/licenses/by-nd/2.0/http://creativecommons.org/licenses/by-nd/2.0/http://creativecommons.org/images/public/somerights20.gifSubscribe with My Yahoo!Subscribe with NewsGatorSubscribe with NetvibesSubscribe with GoogleSubscribe with PageflakesSubscribe with ODEOSubscribe with Podnovahttp://feedproxy.google.com/~r/AuctionSuperstore/~3/Flshfq9bSpc/online-auctions.htmlonline auctionsebayubidebidfeedblogger@yahoo.com (feedblogger)Sat, 26 Jan 2008 07:48:22 PSTtag:blogger.com,1999:blog-7596173091242474551.post-8746524733541215077<span style="font-weight: bold;">The online auction business model is one in which participants bid for products and services over the Internet. The functionality of buying and selling in an auction format is made possible through auction software which regulates the various processes involved.</span><br /><br /><span style="font-weight: bold;">eBay, the world's largest online auction site, is one of the better known examples. Like most auction companies, eBay does not actually sell goods that it owns itself. It merely facilitates the process of listing and displaying goods, bidding on items, and paying for them. It acts as a marketplace for individuals and businesses who use the site to auction off goods and services.<br /><br />Several types of online auctions are possible. In an English auction the initial price starts low and is bid up by successive bidders. In a Dutch auction, multiple identical items are offered in one auction, with all winning bidders paying the same price -- the highest price at which all items will be sold (treasury bills, for example, are auctioned this way). Almost all online auctions use the English auction method.<br /><br />Strengths of the business model<br /><br />The strategic advantages of this business model include:<br /><br />1. No time constraints. Bids can be placed at any time (24/7). Items are listed for a number of days (usually between 1 and 10, at the discretion of the seller), giving purchasers time to search, decide, and bid. This convenience increases the number of bidders.<br /><br />2. No geographical constraints. Sellers and bidders can participate from anywhere that has internet access. This makes them more accessible and reduces the cost of "attending" an auction. This increases the number of listed items (ie.: number of sellers) and the number of bids for each item (ie.: number of bidders). The items do not need to be shipped to a central location, reducing costs, and reducing the seller's minimum acceptable price.<br /><br />3. Intensity of social interactions. The social interactions involved in the bidding process are very similar to gambling. The bidders wait in anticipation hoping they will "win" (eBay calls the successful bidder the "winner"). Much like gambling addiction, some bidders may bid primarily to "play the game" rather than to obtain products or services. This creates a highly loyal customer segment for eBay.<br /><br />4. Large number of bidders. Because of the potential for a relatively low price, the broad scope of products and services available, the ease of access, and the social benefits of the auction process, there are a large numbers of bidders.<br /><br />5. Large number of sellers. Because of the large number of bidders, the potential for a relatively high price, reduced selling costs, and ease of access, there are a large number of sellers.<br /><br />6. Network economies. The large number of bidders will encourage more sellers, which, in turn, will encourage more bidders, which will encourage more sellers, etc., in a virtuous circle. The more the circle operates, the larger the system becomes, and the more valuable the business model becomes for all participants.<br /><br />7. Captures consumers' surplus. Auctions are a form of first degree price discrimination. As such, they attempt to convert part of the consumers' surplus (defined as the area above the market price line but below the firm's demand curve) into producers' surplus. On-line auctions are efficient enough forms of price discrimination that they are able to do this<br /><br />Companies that use the model<br /><br />* Amazon.com<br />* Bidorbuy<br />* DoveBid<br />* eBay<br />* eBid<br />* Overstock.com<br />* Oztion<br />* Prosper (web site)<br />* QXL<br />* SalvageSale, Inc.<br />* TradeMe<br />* uBid<br />* Yahoo! (Yahoo! Auctions is now defunct in America, but remains active in other countries such as Japan.)<br /><br />See also<br /><br />* Auction sniping<br />* Bidding fee scheme<br />* Car dealer auctions<br />* Marketing<br />* Reverse auction<br />* Strategic management<br />* Tenders<br /><br />Further reading<br /><br />* Nissanoff, Daniel (2006). FutureShop: How the New Auction Culture Will Revolutionize the Way We Buy, Sell and Get the Things We Really Want. The Penguin Press. ISBN 1-59420-077-7. 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Download a free How To kit!<br /><a href="http://www.cmarket.com/">www.cmarket.com</a><br /><span style="FONT-WEIGHT: bold"><br />Charity Fundraiser Idea</span><br />Add a balloon ride to your auction. Exciting! 150 Cities. Member BBB.<br /><a href="http://www.fundraisingrides.org/">www.FundraisingRides.org</a><br /><br /><span style="FONT-WEIGHT: bold">Sponsor a Child</span><br />One Billion Children Face Extreme Poverty. Sponsor a Child and Help!<br /><a href="http://www.worldvision.org/">www.WorldVision.org</a><br /><br /><span style="FONT-WEIGHT: bold">Free Auction Planner</span><br />A detailed timeline with tips and ideas for charity auction planning<br /><a href="http://www.auctionpay.com/">www.Auctionpay.com</a><br /><br /><span style="FONT-WEIGHT: bold">Raise The Bids Higher</span><br />Benefit auctions reach max profits with top professional auctioneer !<br /><a href="http://www.fundraisingauctioneer.com/">www.FundraisingAuctioneer.com</a><br /><span style="FONT-WEIGHT: bold"><br />Charity Sports Auctions</span><br />No-Risk way to meet your fundraising goals.<br /><a href="http://www.grandstandsports.com/">www.grandstandsports.com</a><br /><br /><span style="FONT-WEIGHT: bold">Auctions</span><br />Are you looking for Land Auction? Find that affordable land you want!<br /><a href="http://www.landauction.com/">www.LandAuction.com</a><br /><br /><span style="FONT-WEIGHT: bold">Police Auctions Site</span><br />Cars from $500, seized electronics real estate, jewelry, antiques, etc<br /><a href="http://www.policeauctions.com/">www.policeauctions.com</a><br /><br /><span style="FONT-WEIGHT: bold">Wholesale &amp; Drop Ship</span><br />Wholesale Source, No Minimum Free Dropship, Own a Home Business<br /><a href="http://www.onlinestorebiz.com/">www.OnlineStoreBiz.com</a><br /><br /><span style="FONT-WEIGHT: bold">Auction Charity</span><br />Helpful Links for Auction Charity.<br /><a href="http://http//www.ToSeekA.org">http://http://www.ToSeekA.org</a><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7596173091242474551-7475666022121067091?l=auctionsuperstore.blogspot.com'/></div> <p><a href="http://feedads.g.doubleclick.net/~a/ZRBezz0TttFt7O1-ZYbSxk6Ncc8/0/da"><img src="http://feedads.g.doubleclick.net/~a/ZRBezz0TttFt7O1-ZYbSxk6Ncc8/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/ZRBezz0TttFt7O1-ZYbSxk6Ncc8/1/da"><img src="http://feedads.g.doubleclick.net/~a/ZRBezz0TttFt7O1-ZYbSxk6Ncc8/1/di" border="0" ismap="true"></img></a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=70cDX1m2"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=41" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=Ycuo3HG7"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=42" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=aI9ZCcte"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=43" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=ChWATBfH"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=45" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=PQltiuEL"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?i=PQltiuEL" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=18EnZM8p"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=50" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=ZHb1PPwW"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?i=ZHb1PPwW" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=1mtrRebu"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=52" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=PlBP4Wde"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?i=PlBP4Wde" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=Ess6ZIKu"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=54" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=zgVhfITH"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?i=zgVhfITH" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/AuctionSuperstore?a=AXFbXcGF"><img src="http://feeds.feedburner.com/~f/AuctionSuperstore?d=129" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/AuctionSuperstore/~4/SUqMUKPwRJU" height="1" width="1"/>0http://auctionsuperstore.blogspot.com/2007/08/charity-auctions.htmlhttp://feedproxy.google.com/~r/AuctionSuperstore/~3/HB8es8J7w30/online-auction-software.htmlsellebaybuyshoppingtradeubidebidauctionsfeedblogger@yahoo.com (feedblogger)Wed, 10 Dec 2008 21:32:35 PSTtag:blogger.com,1999:blog-7596173091242474551.post-4543947092067218746<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_CcnzAC-KOcw/RssBDk0l9qI/AAAAAAAAAEA/hWJwVXgoUfA/s1600-h/04_20_5---Laptop-Computer_web.jpg"><img id="BLOGGER_PHOTO_ID_5101172163862722210" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://1.bp.blogspot.com/_CcnzAC-KOcw/RssBDk0l9qI/AAAAAAAAAEA/hWJwVXgoUfA/s400/04_20_5---Laptop-Computer_web.jpg" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><span style="FONT-WEIGHT: bold">Online Auction Software</span><br />Classifieds, Fixed Price, Reverse rwAuction Pro v5.0 - Online Demo<br /><a href="http://www.rainworx.com/">www.RainWorx.com</a><br /><span style="FONT-WEIGHT: bold"><br />Charity Auction Software</span><br />Test Free Auction Software. Boost Fundraising & Champion a Cause.<br /><a href="http://www.cmarket.com/">www.cmarket.com</a><br /><br /><span style="FONT-WEIGHT: bold">Auction Software</span><br />Manage listings, orders &amp; inventory Simplify your Auction Process<br /><a href="http://www.infopia.com/">www.infopia.com</a><br /><span style="FONT-WEIGHT: bold"><br />On-Line Auction Software</span><br />Run your own on-line auction site. Tons of Features. Try our Free Demo<br /><a href="http://www.auctionanything.com/">www.auctionanything.com</a><br /><span style="FONT-WEIGHT: bold"><br />Auction Software</span><br />Software for Easy Fundraising Management. Download a Free Trial.<br /><a href="http://www.auctionpay.com/">www.Auctionpay.com</a><br /><br /><span style="FONT-WEIGHT: bold">Free Auction Software</span><br />100% Free Templates, Image Hosting, Scheduling &amp; More with Auctiva.com<br /><a href="http://www.auctiva.com/">www.Auctiva.com</a><br /><span style="FONT-WEIGHT: bold"><br />Online Auction Software</span><br />Non-profits! Hold an online auction. 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