Talk:Online auction business model

This article was the subject of an educational assignment in March 2012.

Untitled

True, most auction companies sell items on consignment, however there is a fundamental difference here.. When you buy something from an auction company you are making out the check to the auctioneer, not the owner of the merchandise. When you buy something from ebay you are making the check out to the seller of the merchandise. -- I've been to over 100 live auctions and have sold close to a $1 million in stuff on ebay

We seem to be defining "aucton house" differently. I think of a company that facilitates the auction process as an auction house, whether they actually take title of the goods or not. But I can see that a stricter definition (companies that take legal title of goods then facilitate the auctioning of them) could be useful. mydogategodshat 01:19, 4 Jan 2004 (UTC)

The article may unintentionally but incorrectly refer to a US Government T-Bill auction as a "Dutch Auction" which settles on the highest price which completes the auction. I think a better way to express the notion is to describe the US Government T-Bill auction as a "Single Price Auction" which settles on the lowest price which completes the auction.--Puckslider (talk) 19:37, 14 October 2011 (UTC)[reply]

Business model

This article is specific to "business models" and I'm not sure what this topic on whole is meant to cover.. or if it should even exist. Is "online auction" a recognized business model? I would say that in the big picture, eBay Inc's business model is that of a broker or market maker, on the lines of a real estate agent or the NYSE. They facilitate transactions and take a commission.

People who are in the business of selling things on ebay are using the "Online auction model"

Triptych 06:44, 4 Jan 2004 (UTC)

A business model is the mechanism by which a business intends to generate revenue and profits. You make a good point in that the Online auction business model involves the colaboration of a facilitator (like eBay), sellers, and bids. The regular auction business model requires a similar colaberation, as do all the brokerage business models. mydogategodshat 08:45, 4 Jan 2004 (UTC)

Status?

Is anyone actively working on expanding this article? If not, I may wish to help. This article is off to a great start, but we have room to improvement. For example, a history of online auctions section would be good IMO. Uberveritas 00:15, 19 December 2006 (UTC)[reply]

Hi, talking about the history of online auctions is something that greatly interests me. I am currently looking at improving this article as part of an educational assignment for my university course. So I was wondering if way back in 2006 when you thought of this inclusion, had you ever got anywhere with it? --Craigjp88 (talk) 21:39, 8 March 2012 (UTC)[reply]

Online auctions vs. business model

This article is biased towards businesses - the online auction process does not have to be one controlled by a business seeking to make profit - a free (e.g wiki-style) environment would work just as well. The bias lies in the fact that there is no separate article for online auction. I admit most online auction sites are for-profit businesses, but it need not remain this way in future. I propose splitting the article into a main article covering the whole process at online auction (history, auction process etc), and keeping this as a smaller article covering the topic from the 'business model' point of view (or redirecting this there if needed). Richard001 05:38, 31 December 2006 (UTC)[reply]

Semi-protection request

I have listed this page for semiprotection at Wikipedia:Requests for page protection. That should help stem the spamming flood. nadav 08:43, 22 April 2007 (UTC)[reply]

I still have no idea what sort of vandalism is required to get semi-protection, but I don't think it would hurt. Finding a constructive IP edit in this article would probably take a bit of searching. Richard001 09:33, 23 April 2007 (UTC)[reply]

Auction type

Actually, there are more than just English and Dutch auctions. And are't most online auctions actually a mix between English and a Vickrey Auction?

article might as well be renamed ebay

because thats all it focuses on LightSpeed3 (talk) 04:47, 25 December 2007 (UTC)[reply]

University Assignment

Hello everyone, a small group at my university are going to be working on improving this page for a university assignment. I'll add to this section once we know what we are going to add --spamoom (talk) 11:07, 8 March 2012 (UTC)[reply]

Update: I plan on adding a section on shill bidding. — Preceding unsigned comment added by Spamoom (talk • contribs) 09:46, 15 March 2012 (UTC)[reply]

Incoming inevitable edits

Hi Wikipedia. In the coming days a couple of students, including myself, will be making some fairly substantial edits to this page as we are working on it for an educational assignment. We are aware that our efforts may not be up to the high standards here and would be appreciative if the more advanced of you out there could provide us with some hints and tips on where we may have gone wrong/how to improve what we have done after making an edit. It would also be cool if we could get reasons for things being removed from the article if they are soon after we have posted as our engagement with you is something that is being looked for. Basically I'm inviting anyone who reads this to get involved with us, gives us some tips, took a look at our sandboxes and see the kind of edits we are making and throw us some feedback via our talk pages. Thanks in advance --Craigjp88 (talk) 08:24, 15 March 2012 (UTC)[reply]

Companies that use the model

I believe this section should be removed as it very advert orientated and does not contribute to the information available. If no response is received I will remove it to further enhance the quality of the article. --spamoom (talk) 09:44, 15 March 2012 (UTC)[reply]

This page as a redirect

I have removed the content on this page and placed a redirect to Online auction as I feel the information there is better stated, it is verifiable and it is more relevant as a page. If you disagree, feel free to roll back the change and let me know how you think I could better incorporate the information on this page to the other before redirecting. --Craigjp88 (talk) 11:40, 20 March 2012 (UTC)[reply]