Online Auctions Market [3]
论文作者:www.51lunwen.org论文属性:作业 Assignment登出时间:2014-06-01编辑:lzm点击率:8165
论文字数:3599论文编号:org201406011805173546语种:英语 English地区:中国价格:免费论文
关键词:Online Auctions Market网上拍卖市场有效的协调机制oldest trading modelsModern technologiesconvenience way for sellers
摘要:Auctions are one of the oldest trading models. They have been widely used for price setting on special items, such as agricultural commodities, financial instruments, and unique items - like art and antiquities.
or its success is that online auctioning is simply can give purchaser get the product anywhere as their wish because it is distributes on the internet and they do not need to go elsewhere finding it. Buyers and sellers are all around the globe. In this way, sellers use online auction to help them to promote their product and gauge new products starting from a valuable price.
In this case, sellers can do experiment by putting one of the products up for auction and see how many people bid on it then seller might even be able to track how many people look at the auction without making a bid. If it shows good response from the auction, it can be a good indication that it should be added the product to its inventory.
Besides that, promoting products and services through online can let more and various people knowing the products and services and it can be attracting like when the bidding goes higher and purchasers will be more interesting on the products and services. In this process more and more people will be coming to bid on this product or services distribute by the sellers at the same time sellers are also beginning to realize that auctions can be a great way to promote a business and test products.
Auction using web is to match up buyers and sellers around the globe. Online auction is also a resource helping them to grow up sellers business. Sellers must get something to sell, getting more people to look at their auctions, building trust among customers, maximizing the amount purchaser pay and lastly provide amazing customers service that builds repeat business. There are several sellers and by using auction on the internet it’s like competing towards each other, importantly is that the product must be reliable and in a good condition then they can sell it out easily.
Now, it seems like everyone is participating in online auctions in which sellers have a better customer relationship. This relationship builds up by sellers and buyers have more chances and time to interact with each other, thus creating a sense of community and loyalty. Besides that, by making use of information gathered on customer interests, sellers can improve the overall experiences of buyers and can deliver more personalized content, therefore, online auctions can enhancing customers relationship ( Dave King et al. 2006, p.99 ).
Benefits to buyer are the second reasons for the success of online auctions. Online auctioning is important, as it is an example of how technology is becoming more and more important in everyday life ( Online Auctioning 2004 ). As people become busier with their lives and have more pressures from their careers and less free time, they are able to buy things at auctions online in the space of seconds rather than taking extra time to attend real life auctions in which can sometimes take hours.
In this way, with a few clicks on the mouse the bidder may be able to browse a wide selection of products on auction and the bidding can be done at anywhere, anytime. Thus, this service offers convenient in many ways. The bidders and seller will not need to take time to travel to the destination for the auction where it takes place. Some how, when they successfully bid the stuff and the auction do provide free delivery and it is also convenient towards the bidders from not going the location to get their wanted product. Besides p
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