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How will the auction work?

Date Published: 22nd September 2009
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Most online auctions are central websites that allow multiple people to list their items up for auction on the site. On this type of auction site, the site does not have the items in stock and does not ship items or collect the payments for the items. The individual people who sell items through the site are responsible for everything regarding the sale, with the site acting only as a third-party venue to make the sale possible.

To sell an item through an online auction site, it is first necessary to sign up with the site and to put a credit card on file with the auction site. Members must also create their ID name and give the site their basic contact information before they will be allowed to sell. Then, the member must go through the site's steps to sell each item that they want to auction off. The member generally takes a digital picture of the item and writes a thorough description of it to interest buyers.


Once the item is up for sale on the auction site, other members can find it either through a central search through the auction site or through a search engine search for the item's keywords. Buyers can ask the seller questions if they don't understand everything about an item that they need to know before buying. Once the buyer makes up his mind to buy the item, the buyer places a bid on the item.

On some sites, like eBay, the buyer can place a maximum bid that is higher than what he needs to win the auction. Then, if anyone bids against him later the site will increase the first bidder's bid amount up to the maximum bid price that the person allowed. This is known as a proxy bid because the auction site will automatically bid the maximum if the buyer needs to bid that amount to win the item and does so without the buyer having to do anything further.


Once a buyer has won an auction, the buyer must pay the seller directly rather than paying the site itself. There are a number of ways that some sites allow payments to be made, including through online payments, or sending a money order or check. Once the item has been paid for, the seller ships the item directly to the buyer.

With the advent of wireless networking and mobile computing technologies, there has been considerable interest in developing various mobile commerce services such as Online Mobile Auctions. Online Mobile Auction is a system and method provided for auctioning an item using a mobile device. A mobile device can include a camera for capturing an image of an item of interest, a processor for entering the image into a database, an image recognition unit for comparing the image to other images within the database and a display for presenting a list of comparable items available for auctioning. These features are not available on any and every mobile handset.


Blackberry, Palm and iPhone are some of the companies which facilitate these services with in built wireless and purchasing software. At auctionbytouch.com (ABT), bidding and purchasing software application firm, we provide comprehensive, customized, solutions for mobile devices. We specialize in creating interfaces that are built for each mobile device on the market; whether it is Blackberry, Palm, iPhone or one of the many other devices, our goal is to provide a seamless and easy to use solution for each user.

Brian Selchick
Auction by Touch is bidding and purchasing software application firm that provides comprehensive, customized, solutions for mobile devices. From the wireless purchasing and bidding user interface, bidders can browse, bid, buy, auto-bid, receive outbid notices, and checkout with their credit card. Our goal is to provide a seamless and easy to use solution for each user. Visit our website auctionbytouch.com for more details.
Tags: third party, credit card, ebay, search engine search, stock, online auction site, online auctions, bid price
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