Small and Home Based Business Opportunity

Online Auctions and the Phenomenal Success of eBay
Why?

• Conventional pricing
  • Seller sets price - Buyer takes it or leaves it
• Auction
  • More flexible
  • Consumer empowered
  • Buyers can get stuff cheaper than retail
  • Facilitates many-to-many buyer-seller interaction
  • (Buyer perception of) Fairer market price