Auction
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Description
E-commerce auctions match buyers and sellers by using an e-commerce version of a standard auction. This e-commerce application enables the auction company to offer goods for sale and to support a competitive-bidding process. Example is eBay
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Online auction
Learning Material
Covered in Topic(s)
| Archived - E-Commerce and Web 2.0 and Social Networking |