Welcome to WebmasterWorld Guest from 54.198.237.87

Forum Moderators: buckworks

Message Too Old, No Replies

EBay to end "Live Auctions" December 31st 2008

     
10:17 am on Apr 16, 2008 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month Best Post Of The Month

joined:May 9, 2000
posts:23042
votes: 332


EBay is pulling out of "live auctions," where members join in real-world auction-house bidding, in the latest in a series of moves to restructure its online auctions business, the company said on Tuesday.

The online auction leaders said it plans to shut down the eBay Live Auctions business as of December 31, 2008. The format represents a little-known, tiny piece of eBay's auction businesses -- most of which connect buyers and sellers online.

Live Auctions represent a throwback to traditional open outcry auctions by linking eBay users remotely to auctions moderated by live auctioneers, both in physical locations or online. Unlike eBay's typical 10-day window for auctions to close, Live Auctions conclude when there are no further bids.

EBay to end "Live Auctions" December 31st 2008 [uk.reuters.com]

7:26 pm on Apr 16, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member essex_boy is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:May 19, 2003
posts:3173
votes: 2


Never appealed to me these so Im not surprised
10:40 pm on Apr 16, 2008 (gmt 0)

Senior Member from US 

WebmasterWorld Senior Member lorax is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Mar 31, 2002
posts:7575
votes: 0


Live auctions were/are a mixed bag to begin with. Anyone with a lick of sense usually made their bid within the last 2 minutes of a deadline driven auction. The auctions that have any excitement are the ones that were based on activity within a certain time frame. For example, within the last 5 minutes. No activity, the auction is closed. If there was a higher bid, then the auction continued for 5 more minutes. If no activity, the auction closes.