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  2. Unusual eBay listings - Wikipedia

    en.wikipedia.org/wiki/Unusual_eBay_listings

    Bridgeville, California (population 25) was the first town to be sold on eBay in 2002, and has been up for sale three times since. [1] In January 2003, Thatch Cay, the last privately held and undeveloped U.S. Virgin Island, was listed for auction by Idealight International. The minimum bid was US$3 million and the sale closed January 16, 2003. [2]

  3. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    In this case, more-informed buyers may delay bidding until the last minutes of the auction to avoid creating competition for their bids, leading to a lower winning bid. An analysis of actual winning bids on eBay suggests that winning bidders are more likely to have placed a single bid late in the auction, rather than to have placed multiple ...

  4. Bidding fee auction - Wikipedia

    en.wikipedia.org/wiki/Bidding_fee_auction

    Each of the bids increases the price of the item by a small amount, such as one penny (0.01 USD, 1¢, or 0.01 GBP, 1p; hence the name of the auction), and extends the time of the auction by a few seconds. Bid prices vary by site and quantity purchased at a time, but generally cost 10–150 times the price of the bidding increment.

  5. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    The largest consumer-to-consumer online auction site is eBay, which researchers suggest is popular because it is a convenient, efficient, and effective method for buying and selling goods. [ 6 ] Despite the benefits of online auctions, the anonymity of the internet, the large market, and the ease of access makes online auction fraud easier than ...

  6. Massucci's Take: EBay's plan to be more retailer than ... - AOL

    www.aol.com/news/2009-11-15-massuccis-take-ebays...

    EBay (EBAY) is a Web pioneer, having built a multibillion dollar business out of allowing people to essentially put garage sales on the Internet. That simple idea led to fast growth more than a ...

  7. Reverse auction - Wikipedia

    en.wikipedia.org/wiki/Reverse_auction

    In a traditional auction, the seller offers an item for sale. Potential buyers are then free to bid on the item until the time period expires. The buyer with the highest offer wins the right to purchase the item for the price determined at the end of the auction. A reverse auction is different in that a single buyer offers a contract out for ...

  8. Sell Your Stuff Safely With These 10 Craigslist Alternatives

    www.aol.com/sell-stuff-safely-10-craigslist...

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  9. Unique bid auction - Wikipedia

    en.wikipedia.org/wiki/Unique_bid_auction

    A maximum bid value is usually set at a much lower level than the actual value of the lot. In a lowest unique bid auction, the bid that is the lowest and unmatched when the auction closes is the winning bid. Unique bid auctions will typically allow bids to be very precise, in that each bid can be specific to the 'penny'.