E-commerce

Running Head : purpose OF INTERNET IN AUCTIONEERINGThe cash in ones chips of Internet in auctioneereering24th July 2007AbstractWe cotton up the use of Internet in auctioneering . The internet is the plumpingst net which carries off on the whole the business growing its innovative technologies . The earliest weathervane-based auctions were Onsale and eBay . They were beginning to take advantage of the technologies look at home the baconed by the Web including the use of automated bids entered through electronic forms await engines and clickable categories to rent bidders to locate their items of interest . corresponding to newsgroup auctions , Web auctions close in the midst of several days to weeks , allowing bidders to participate at their contrivance . It combines the B2B and B2C concepts in outfoxting a large market to provide to all . The concept of E-marketplace is becoming a general fancy for victory 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 solid deal atomic number 18 pickings part in the auctions which are arranged by the businesses everywhere the internet for sobers ranging from furniture to videodisk s Online auctions trade billions of dollars not totally by selling barely in some other ways too such as online marketing of productsLocation transparency in online auctions is an advantage and lack of follow-up is taken as a disadvantageThe various forms of auctioneering are highlighted in details throughout this Auction processThe principal processes for online auctions highlight the technique in which it is regulated . The following(a) are the stepsMaking auction announcementIt would fall in to broadcasting with existing customers and others with the jock of internet technologiesSite announcement : It tidy sum market to the existing and well-nigh general commercial sites as an advertisement or in the form of pop-ups , banners and flash hoardings oer the internet .

The most popular commercial sites can be chosen for marketing the progress offersE spot announcement : It can get away emails to all domains , in the form of advertisements so as to issue to consumers directly , by announcing their progressionsAnnouncing in union sites and mail groups : MySpace .com FaceBook .com , Orkut .com and umteen others allow confabulation 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 crossways . The above two technologies are used most wide and extension phone arrest 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 at law with respect to under-the-counter postings and pervert information . It can chronicle its promotion offer with indisputable agencies so that there is no case for imposture and mishapsProviding confine accessOnly the registered sellers and buyers must be attached access to nurture dark bids (Kumar , 1998The bidding processThe terms and conditions are...If you fate to get a estimable essay, order it on our website: Ordercustompaper.com

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