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February 2000• Vol.6 Issue 2 | |
Auction Searching Made Easy Consult AuctionWatch.com For All Of The Latest Information |
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One of the most explosive growth areas on the Internet is in online auctions. As more users are logging on to buy and sell items, more of the big boys are getting into the game. Entities such as Amazon.com, Yahoo!, and Excite, which have traditionally been know for other services are now competing to draw viewers to their auctions. In the meantime auction sites that cater to specialized audiences, such as Shopzone Auctions (cameras and film equipment) and Auctionauto.com (cars and trucks) are staking out virtual space in record numbers. It can get as confusing as an auctioneer’s count. Enter AuctionWatch.com (http://www.auctionwatch.com/). Originating as a message board on co-founder Mark Dodd’s homepage, AuctionWatch.com’s mission has always been to serve as an unbiased source of online auction information. Or, as stated on AuctionWatch’s site, “To empower participants in the auctioning process by building the only independent and comprehensive resource on online auctions.” Dodd and Rodrigo Sales, who currently serve as Vice President of Product Development and CEO, respectively, founded AuctionWatch .com in January 1999. Located in San Bruno, California, it boasts some impressive numbers: 25,000 auctions launched daily, over 10,000 posts each month to its message center, and over two million auction images served daily. AuctionWatch.com serves as an online auction watchdog and a neutral corner where buyers and sellers can meet to share their experiences. Online Auctions. Understanding AuctionWatch.com’s role in the field of online auctions requires a little understanding of the auction site phenomenon and what the company refers to as the “auction life cycle.” Online auctions have cropped up in the past few years as resources for buyers and sellers looking for a unique way to exchange merchandise. For a small fee, sellers can write up descriptions of items, link snapshots to them, and upload them to an online auction site. There are a great many different sites that host these auctions, some of them hig |
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