Online Auctions

One of the big shopping-related developments on the Web has been the growth of Web auction sites. There are hundreds of sites out there, and they're in the news from time to time. These sites give you opportunities to find a real bargain and bid for it.

Some sites let individuals auction items. Others hold auctions for businesses. Rules and strategies vary from site to site, depending on the auction. Some offer features like automatic bidding services up to a pre-determined maximum. "The Bidding Game," a 1998 PCWorld article, provides of lots of useful general information about auctions. Even with this knowledge, remember that each site is different, and it pays to spend time learning the specifics.

PC Magazine Online reviewed popular five auction sites in March 1999. Their article also offers suggestions for the best auction sites for specific types of products.

You may want to try your hand at these auctions sites. A couple to visit include:

E-Bay http://www.ebay.com

E-Bay is a well-known individual auction site. It has been in the news recently because it is being investigated for some unlawful transactions by E-Bay sellers. Anyone can sell on E-Bay, in contrast to some sites that only allow businesses to auction their wares. It is usually "policed" by buyer referrals.

Amazon.com http://www.amazon.com

Amazon.com added an auction service to its site in March 1999.

The Master Internet Volunteer Program was developed by the University of Minnesota Extension Service and was adapted for use in North Dakota with permission. Copyright  © 2001 North Dakota State University. All rights reserved.

North Dakota State University Extension Service