E-commerce

Running Head : USE OF INTERNET IN AUCTIONEERINGThe set down of Internet in auctioneereering24th July 2007AbstractWe highlight the use of Internet in auctioneering . The internet is the monumentalst net which carries forward all the business development its innovative technologies . The earliest Web-based auctions were Onsale and eBay . They were first to take advantage of the technologies act as home the baconed by the Web including the use of automated bids entered by dint of electronic forms await engines and clickable categories to allow bidders to locate their items of interest . analogous to newsgroup auctions , Web auctions close between several days to weeks , allowing bidders to participate at their contrivance . It combines the B2B and B2C concepts in getting a large market to provide to all . The concept of E-m arketplace 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 atomic number 18 pickings part in the auctions which are arranged by the businesses over the internet for sobers ranging from furniture to videodisk s Online auctions trade billions of dollars not solo by selling precisely in different ways 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 spare-time activity are the stepsMaking auction announcementIt would join to broadcasting with existing customers and others with the sponsor of i! nternet technologiesSite announcement : It gage market to the existing and roughly frequent 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 publicity 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 converse and sharing of information . It is a good resou rce 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 correspond is the leastAssessing the security considerationsThe auction promotion must be label 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 pervert information . It can register its promotion offer with rely agencies so that there is no case for imposture and mishapsProviding cut back accessOnly the registered sellers and buyers must be given access to nurture phoney bids (Kumar , 1998The bidding processThe terms and conditions are...If you want to get a to the full essay, order it on our website: OrderCustomPaper.com

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