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Article: Hot Off The Wire.(online auctions) (Internet/Web/Online Service Information)
- Article from:
- Computer Shopper
- Article date:
- April 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 SX2 Media Labs LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Auctions challenge fixed prices online with mixed results
When R.H. Macy opened his first New York store, his one-price-fits-all policy
was considered radical. But if a new breed of online auctioneers has its way,
fixed pricing will one day seem as quaint as the barter system.
As online stores continue to gain steam, auctions are attracting a growing
number of buyers with the promise of outrageous deals while offering
manufacturers an inexpensive means of liquidating excess inventory and