This is again a very useful facility of e-commerce available on the Internet. This service provides the medium for transaction to both buyer and seller without involving any third party like commission agents. In online Auctions the Buyer is called as Bidder and seller is called Auctioneer.
The Bidder bid for the things/products available for the sales without wastage of time.
The Auctioneer can get the best value for their things/products.
At the end of Auctions, the Bidder gets the delivery of products and pays the amount to Auctioneer.
A few Examples of Web Sites that Provide facilities for Online Auctions are as under
No comments:
Post a Comment