One suggestion: a minimum bid amount unit. I was bidding for a site recently in another thread (private auction a al SBI’s effort), and was told that my bid wasn’t significantly different (it was $1 or $5 -forget which- more than the previous bid). But the terms of THAT auction did not specify a minimum amount, I definitely… Read More »
It seems a few years ago, but Ebay used to be the primary online auction until greed, success, and investors on main street got a hold of it. Ebay upped its fees, included main street items, and practices, and started vetting accounts of Ebay members. The result, its stock price hasn’t gone anywhere in recent years. Even Amazon,… Read More »
I was sitting in class with my students on Tuesday, when the older of the two young men (about 21 years of age) announced that he had been selling diet pills on Yahoo! Auctions. I was surprised, and he showed me the ones he was running that day. You could have knocked me over with a feather when… Read More »