All About Online Auctions

It wouldn't be exaggeration to say that hundreds of thousands of people from across the world visit buy and sell myriad products on auction sites. One popular site has a market share of 76%, reports 42.7 million users recording a growth rate of 100% every year!

What are these auction buyers looking for?

A poll conducted by Harris Interactive on 2,196 people shows that online auctions appeal to people for the following reasons.

- Bargains (43 percent)

- Hard to find items (23 percent)

- Collectibles (21 percent)

Not just that, a record 83% people have actually bought something!

Buying What?

People visiting auction sites buy all sorts of products from different ca...
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