A Review of Online Auction and It’s Pros and Cons

Authors

  • Rashesh G Chothani UG Scholar Department of Information Technology, Veerayatan Group of Institutions
  • Nainesh A Patel UG Scholar Department of Information Technology, Veerayatan Group of Institutions
  • Asagarali H Dekavadiya UG Scholar Department of Information Technology, Veerayatan Group of Institutions
  • Punit R Patel Assistant Professor Department of Information Technology, Veerayatan Group of Institutions

Keywords:

Online Auction, E-Commerce, Bidding, competitive bidding, online escrow, Auction

Abstract

Online auction are among the most significant e-business applications. Their impact on trading in business
to business, as well as in the business to consumer and consumer to consumer fi eld. Day to Day use of Online Auction is
increases. Customers are moving toward to online Auction for purchasing and selling items. Quite a few companies
have started projects of their own, trying to improve their purchasing and sales channels. In this pa per, we discuss about
auction/bidding system and its type. We also discuss their problems occurring, and then mainly focus on online auction
as possible solutions.

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Published

2015-01-25

How to Cite

Rashesh G Chothani, Nainesh A Patel, Asagarali H Dekavadiya, & Punit R Patel. (2015). A Review of Online Auction and It’s Pros and Cons. International Journal of Advance Engineering and Research Development (IJAERD), 2(1), 8–11. Retrieved from https://ijaerd.org/index.php/IJAERD/article/view/420

Issue

Vol. 2 No. 1 (2015): Volume 2 Issue 1, January 2015

Section

Articles