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Hi All,
Online auctions continue to be a popular e-commerce
destination on the World Wide Web. During January through March 2006, eBay
alone hosted 575.4 million items for sale and had over 192.9 million confirmed
registered users.
For many years, auctions have been a popular means of buying
and selling just about anything--from real estate, farmland, furniture and
other household goods, fine art and increasingly construction equipment.
There's something exciting about bidding and buying
equipment at an auction, and experienced auction buyers seem to have a knack
for acquiring things at bargain prices.
Popular internet auctions allow anyone to participate
without leaving home. However, it's one thing to buy a camera, painting,
personal or household items on line, but quite another to bid thousands of
dollars for anything you wish.
A bidding fee auction, also called a penny auction, is a type
of auction in
which participants must pay a non-refundable fee to place a small incremental
bid. When time expires, the last participant to have placed a bid wins the item
and also pays the final bid price, which is usually significantly lower than
the retail price of the item. The auctioneer receives income both in the form
of the fees collected for each bid and in the form of payment for the winning
bid.
In the typical case, players are asked to pay a non-refundable fee each time
to purchase bids. These bids can then be spent on auctions. Bidding on an auction
raises the cost of the item by a fixed amount and typically also extends the
deadline of the auction. Once the auction is over, the auctioneer collects the
final cost of the item in addition to the monies already collected by selling
bids.
Several web sites operate on this model, which they usually call "penny
auctions." Typically, consumer electronics such as cameras, laptops and
MP3 players are sold.
I want to introduce a New Website which is yet to be launchedwww.ezeebids.comExplore the unique features and enjoy.....Regards,Manju
Online auctions continue to be a popular e-commerce
destination on the World Wide Web. During January through March 2006, eBay
alone hosted 575.4 million items for sale and had over 192.9 million confirmed
registered users.
For many years, auctions have been a popular means of buying
and selling just about anything--from real estate, farmland, furniture and
other household goods, fine art and increasingly construction equipment.
There's something exciting about bidding and buying
equipment at an auction, and experienced auction buyers seem to have a knack
for acquiring things at bargain prices.
Popular internet auctions allow anyone to participate
without leaving home. However, it's one thing to buy a camera, painting,
personal or household items on line, but quite another to bid thousands of
dollars for anything you wish.
A bidding fee auction, also called a penny auction, is a type
of auction in
which participants must pay a non-refundable fee to place a small incremental
bid. When time expires, the last participant to have placed a bid wins the item
and also pays the final bid price, which is usually significantly lower than
the retail price of the item. The auctioneer receives income both in the form
of the fees collected for each bid and in the form of payment for the winning
bid.
In the typical case, players are asked to pay a non-refundable fee each time
to purchase bids. These bids can then be spent on auctions. Bidding on an auction
raises the cost of the item by a fixed amount and typically also extends the
deadline of the auction. Once the auction is over, the auctioneer collects the
final cost of the item in addition to the monies already collected by selling
bids.
Several web sites operate on this model, which they usually call "penny
auctions." Typically, consumer electronics such as cameras, laptops and
MP3 players are sold.
I want to introduce a New Website which is yet to be launchedwww.ezeebids.comExplore the unique features and enjoy.....Regards,Manju
