The Internet Marketing Online Goldmine by Rohit Seth - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

Auction Buying and Selling

The emancipation of the cherished tradition of auction through action houses in the Internet era has given birth to an innovative way of auctioning over Internet. One can sell or buy by bidding at various sites through auction. One such most popular auction site is http://ebay.com. Rediff and Yahoo who also offer other auctioning facilities.

Actually the old method of auctioning used to be called as brick and mortar auction, has somehow reduced in the recent past, until it has found its resurgence today due to the Internet era. The prime advantage is that one can start looking for auction from the home comfort leaving the chaotic auction houses where the people used to reach after a lot of traveling. However the rule and charm of the auction remains the same. The seller displays his product and sells it to the highest bidder. Today one can start bidding even by $1. Another significant difference is auction was the stronghold of the rich people only but today it has been opened up even for the most ordinary ones.

The reach of Internet has put online auctioning on today"s in-thing list just like online share trading. One can find many people are just sitting at home and fiddling with the computer on any online share site according to their whims.

Page 21 of 42

The Internet Marketing Online Goldmine So, today you can get the scope of selling your unutilized car which perhaps occupies your valuable space, as you can pick and choose items as per your requirements. The funniest part is that even air tickets are sometimes placed on auction.