The differences of the ‘reverse auction’ and the “traditional auctions that are on sites such as eBay and Yahoo is that many buyers end up paying a fraction of the cost for the item they purchase. One lucky buyer recently paid 50 cents for a brand new 26 inch LCD TV on one of the [...]

There are three main auction styles unless you are selling real estate in which case there would be one more, but I will only explain the main consumer product style auctions here. You may not think that having only three choices would be that difficult to decide on but each style has its own benefits. [...]

A sealed bid auction on the internet is called as private auction, sealed bid auction. A Dutch -vickrey auction on the internet is also called as vickrey option. Proxy bidding agents on the internet is called as proxy auction, robo bid. An online auction means buying and selling of products by the process of bidding [...]

A silent auction’s success relies heavily on the quality of the auction items up for bid. But how do you ensure that your auction items don’t fall flat, leaving your organization with a mundane event? The secret is to work with a company that is experienced in helping schools, charities and non-profit organizations plan successful [...]