In the early days of eBay, online auctions made the company one of the dot-com revolution’s biggest success stories. Today auctions are in decline relative to other forms of e-commerce. But the things that made auctions popular in the first place—flexible pricing, consumer empowerment, and the thrill of the game—can be found in many other types of online shopping experiences. This Wired article puts auctions in perspective.
Tag: C2C
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