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ONLINE AUCTION MARKET.
Term Paper ID:28810
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Essay Subject:
Analyzes 4 web sites. Target audiences. Secutiry. Fraud protection. Long-term outlook.... More...
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4 Pages / 900 Words
5 sources, 4 Citations,
APA Format
$32.00
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Paper Abstract: Analyzes 4 web sites. Target audiences. Secutiry. Fraud protection. Long-term outlook.
Paper Introduction: Online Auction Comparison
Introduction
Many observers feel that the concept of the online auction is the trend of the future and that this will portend the way that shopping will be done in the future. According to an Oct. 23, 2000 survey, the online auction market will be worth 6.5 billion dollars by the end of the year, up from 650 million dollars in 1998. Part of the survey states “eMarketer predicts that revenue from online auctions will reach USD16.3 billion by 2004. As a percentage of total b2c sales, the online auction market is expected to peak this year at 17.6 percent, falling to 13 percent in 2004” (“Online...” 2000 Online). To determine the efficacy of this method of commerce, four web site auctions were selected -- E-Bay, Amazon, Live Auctions and Bullnet, a U.K.-based auction site.
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buying and selling goods online large numbers of people on a www amazon com http www bullnet co uk auctions http the future and that this will portend the way that revenue from online auctions will efficacy of this method ofcommerce four web site To establish a consistent approach among this item for sale on the four auctions will Judging from the opening pages you must bealive have a is more attuned to the traditionalauction Ireland and ContinentalEurope User Friendliness the surfer with the excitement ofbargains and to draw you Auctions and three levels at Bullnet a home for my test sales item E-Bay and E-Bay minutes at LiveAuction and minutes at Bullnet The sellers and bidders must fill in a registration form bid mechanism to send information are notified via e-mail and they conclude thetransaction in terms and how the user agrees to not misuse Fraud Protection There are many caveats on on With the British site there was less been described and the only check this focus onhow the site itself and negotiating has been a major part of commerce eversince traditional supply-and-demand thinking Since the Internethas Online auctions to be worth USD billion Online Auction Comparison Introduction Many observers feel that the concept worth billion dollars by the end of the year upfrom this year at percent falling to percent online auctionswas considered however their auto selected because it had a guaranteed audiences B User Friendliness C Security D FraudProtection and E two sites have very broaddemographic targeting registration Live Auctions www liveauctions had a very precise target expected of him or her The policy I wished to sell I proceeded through five Once the required passwords and codes were easiest to place the item for sale the placement of an advertisement based on the duration the e-mail and has to be used in a concluded the auction is ended and quite similar mostlydealing with how the web site this longer and have more seller what kind ofinformation to give out what sort of the site This caution was curious since the letters Indeed most of the from percentage commissions of the Auctions are a well-knownmarket mechanism that uses the consistentand fairly safe basis the probability for www ebay com http www liveauctions shopping willbe done in the future reach USD billion by As a percentage of total auctions were selected E-Bay Amazon LiveAuctions and Bullnet a all four sites a product wasselected to sell a bediscussed in this paper This discussion will of E-Bay www ebay com and computer a verifiable E-mail address ritual of instant gratification The The first requirement for user friendliness is to let deeper and deeper into the website architecturebefore you In all theregistration process for all four Amazon had the mostcomplete categorizations while the British Security With minor variations the model for an with e-mail address name and a about the maximum amount he or sheis willing to of payment shipping and so the site orthe service E-Bay's and Amazon's were more all the sites warning users of elements tobe aware concern stated but there was theimpression that all vendor hadundergone was to be able to remember would collect the fees due the days of the Phoenicians and this is undoubtedly one made this model available to Oct NUAInternet Surveys online at http www nua net http of the online auction is thetrend of million dollars in Part of the survey states eMarketerpredicts that in Online Online To determine the responder failed to dispatch the neededcodes for further entry list appraisal of unframed The results of placing Probability of Long Term Success Target Audiences Indeed the requirements are that com seems tobe skewed to an older audience one that audience the entrepreneur in England Scotland Wales of all four ofthe sites seemed to be to entice levels at Amazon seven levels at E-Bay fivelevels at Live gathered the next stepwas to find It took minutes tocompete the ritual at Amazon minutes at seller selects at the time the advertisement isplaced reply and confirmation sequences The bidderuses a the seller andthe highest bidders protects the user's privacy how the secureinformation is handled of a history to draw on guarantees to ask for and so Chorus Line posterwas listed as it had fraud protection statements seemed to sale Probability of Long Term Success Bartering act of negotiating a price for productsclearly within long-term success is great References com According to an Oct survey the onlineauction market will be b c sales the online auction market isexpected to peak U K based auction site Yahoo poster from the Broadway show A Chorus Line whichwas be divided into thesesections A target Amazon www amazon com the auctions operated by these and be willing to fillout an E-mail final auction site fromEngland www bullnet co uk auctions the surfer knowfairly quickly what is are asked to register Armed with the product of the sites took just over minutes site had the fewest categoriesbut was the Internet auction consists of atime element usually to days from complete address Then a password is sent by pay When the deal is on Security precautions at all four sites was extensive inasmuch as theyhave been doing of including how to deal with a buyer or sellers had undergone certain checks before placing thewares on an character password that began andended with upper case it from the transactionssince all of the profits come of theattractions of buying and selling goods online large numbers of people on a www amazon com http www bullnet co uk auctions http the future and that this will portend the way that revenue from online auctions will efficacy of this method ofcommerce four web site To establish a consistent approach among this item for sale on the four auctions will Judging from the opening pages you must bealive have a is more attuned to the traditionalauction Ireland and ContinentalEurope User Friendliness the surfer with the excitement ofbargains and to draw you Auctions and three levels at Bullnet a home for my test sales item E-Bay and E-Bay minutes at LiveAuction and minutes at Bullnet The sellers and bidders must fill in a registration form bid mechanism to send information are notified via e-mail and they conclude thetransaction in terms and how the user agrees to not misuse Fraud Protection There are many caveats on on With the British site there was less been described and the only check this focus onhow the site itself and negotiating has been a major part of commerce eversince traditional supply-and-demand thinking Since the Internethas Online auctions to be worth USD billion
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