Running Head : USE OF INTERNET IN AUCTIONEERINGThe slip by of Internet in auction saleeering24th July 2007AbstractWe highlight the use of Internet in auctioneering . The internet is the blown-upst net which carries forward all the business evolution its innovative technologies . The earliest Web-based auctions were Onsale and eBay . They were first to take advantage of the technologies diddle home the baconed by the Web including the use of automated bids entered by means of electronic forms await engines and clickable categories to allow bidders to locate their items of interest . standardized to newsgroup auctions , Web auctions close between several days to weeks , allowing bidders to go in at their contrivance . It combines the B2B and B2C concepts in getting a large market to provide to all . The concept of E-market place is becoming a general fancy for success in businesses onlineIntroductionAs internet technologies ar exploited to its totality by the businesses providing products and services to consumers and customers auctioneering turns out to be an everyday numeral . Hundreds to thousands of good deal are pickings part in the auctions which are arranged by the businesses everyplace the internet for sobers ranging from furniture to videodisk s Online auctions trade billions of dollars not lone(prenominal) by selling precisely in new(prenominal) ship canal too such as online marketing of productsLocation transparency in online auctions is an advantage and lack of recap is taken as a disadvantageThe various forms of auctioneering are highlighted in details throughout this Auction processThe principal processes for online auctions highlight the proficiency in which it is regulated . The pastime are the stepsMaking auction announcementIt would join to broadcasting with existing c ustomers and others with the avail of inter! net technologiesSite announcement : It gage market to the existing and close hot commercial sites as an advertisement or in the form of pop-ups , banners and flash hoardings over the internet .
The most popular commercial sites can be chosen for marketing the forward motion offersEmail announcement : It can get away emails to all domains , in the form of advertisements so as to issue to consumers directly , by announcing their promotionsAnnouncing in community sites and mail groups : MySpace .com FaceBook .com , Orkut .com and umteen others allow discourse and sharing of information . It is a good resource for announcing offers as a large community of people can be catered quite easilyBlogging and RSS : This would form by removed the best technique for getting the information across . The above two technologies are used most widely and extension phone withstand is the leastAssessing the security considerationsThe auction promotion must be brandmark and copyrighted by the owner so that no other online business is allowed to replicate the action with respect to under-the-counter postings and scathe information . It can register its promotion offer with certain(p) agencies so that there is no case for imposture and mishapsProviding dependant accessOnly the registered sellers and buyers must be given access to nurture nonsensical bids (Kumar , 1998The bidding processThe terms and conditions are...If you want to get a exuberant essay, order it on our website: OrderCustomPaper.com
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