Tag: Internet bidding
Internet auction bidding units cancel
If the auction business were a long equation, bidding method would cancel out.
The folly of the artificial bidding window
Creating an artificial bidding window violates the trust of our sellers, depresses bidding activity and is deleterious to a passionate buying community that we should all be trying to build for our companies and the auction profession.
Bidding histories develop bidder trust
Last week’s post dealt with grokking that there is no functional difference between a minimum or starting bid and a reserve on an item. A post last month pointed out that it’s bad to try to be sneaky when protecting a reserve on an item and that it’s much better to be upfront with the…
Starting Internet bids are reserves, plain and simple
In a March episode of the Auction Podcast, we posited that it is wise to have a policy of starting every item at $10 for Internet bidding. If your minimum bid at a live auction is $10, set the minimum bid for the Internet bidding to be $10. For every item. For every category from…
Proxibid launches new website, embedded bidding
Image via CrunchBase We’ve been following the new features and website from Proxibid for the last few weeks. Today they’ve launched the new website and announced that you can start reserving the embedded bidding solution. Here’s the release. Omaha, NE – September 22, 2009 – Proxibid, the world’s largest provider of live auction webcasting services,…