ONLINE AUCTIONS

WHAT IS AN ONLINE AUCTION?

An online auction is an auction which is held over the internet.
 

ADVANTAGES OF ONLINE AUCTIONS

 
There is no need for a storefront inventory can be kept at home, saving money.

Convenience

 
Can be run from a computer at home or anywhere.

Rich information

 
Lots of information about this subject.

Time& money saving

 
Online auction saves time and money.

Plenty of choice

 
There are lots of different choices online.

Quick results

 
Auctions are updates and ended, with fast results.

Time extension

 
Time extensions can be done very easy.

Compare prices

 
An advantage online is you can compare prices.

 

DISADVANTAGES OF ONLINE AUCTIONS

 

Prolonged time

 
Auction times are fixed depending on where you sell.

Anonymous bidder

 
Bidders are kept anonymous.
 

Fake sites

 
You must be careful on fake sites.

 

ADDITIONAL INFORMATION