What Are Computer Auctions?
When people speak about computer auctions, they usually are referring to auctions that take place over the Internet. These auctions take place to sell products and services usually listed by private sellers. Computer auctions can be facilitated by auction software that has been implemented on a website dedicated to online auctioning.
When people speak about computer auctions, they usually are referring to auctions that take place over the Internet. These auctions take place to sell products and services usually listed by private sellers. Computer auctions can be facilitated by auction software that has been implemented on a website dedicated to online auctioning. Computer auctions can have different formats. Two of the most popular are the English and Dutch formats. In an English format auction, one item is put up for auction at a starting price, and potential buyers increase bids as the auction progresses. Dutch auctions are characterized by having several items that are identical put up for auction, with potential buyers bidding on items at the same time. Winners are determined by successful bids at the end of the auction, and the winners all pay the same price. Some websites might also offer reserve auctions or auctions that can be ended if the purchaser buys the item immediately. In reserve auctions, bidding ca
When people speak about computer auctions, they usually are referring to auctions that take place over the Internet. These auctions take place to sell products and services usually listed by private sellers. Computer auctions can be facilitated by auction software that has been implemented on a website dedicated to online auctioning. Computer auctions can have different formats. Two of the most popular are the English and Dutch formats. In an English format auction, one item is put up for auction at a starting price, and potential buyers increase bids as the auction progresses. Dutch auctions are characterized by having several items that are identical put up for auction, with potential buyers bidding on items at the same time. Winners are determined by successful bids at the end of the auction, and the winners all pay the same price. Some websites might also offer reserve auctions or auctions that can be ended if the purchaser buys the item immediately. In reserve auctions, bidding ca
