online auctions
Internet sale competitions
Online auctions are sales conducted over the internet where buyers compete by placing bids, with the highest bidder winning when time expires.
Sites like eBay popularized the format for everything from collectibles to cars.
Unlike traditional auctions with an auctioneer, online auctions run automatically over days: I found a vintage guitar through an online auction.
- bidderOne who makes offers
- starting bidFirst price offered
- eBayWeb auction marketplace
- sellerOne who trades goods
- auctioneersPeople who conduct bidding sales
reserve price · item description · sniping · last minute bid · competitive bidding · digital wallets · e-commerce · PayPal · winner's curse · consignor · contract law · listing · data privacy laws · gavel · winning · buyer · shipping costs · outbid
- collectibles auctionslot numbers, reserve prices, estimates, consignment sales, consignments
- auctionsbidding, bid, auctioneer, bidder, hammer price
- e-commercecheckout, shopping cart, cart, checkout system, shopping carts
- online servicesweb services, cloud services, SaaS, web hosting, e-commerce
- resaleresale, eBay, secondhand goods, Poshmark, thrifting
- digital economye-commerce, digital payments, digital marketplace, digital markets, digital banking
online auctionsretail stores
Consumer-facing sales establishments
subscription services · buy it now · sticker price · list price · online retail
online auctionslive auctions
Real-time competitive selling events
auction houses · estate sales · Sotheby's · Christie's · livestock auctions
online auctionsprivate sales
Transactions not publicly advertised
haggling · barter · trade-ins · consignment · layaway