Keep in mind, many sites fall into several different categories! C2C Auction Sites (Consumer to Consumer): see all C2C sites
A website specializing in consumer to consumer (person to person) auctions, where individual sellers and buyers deal directly with one another. The 'auction house' merely acts as the agent in the sale. This is the standard type of auction site that everyone usually visits; ebay and epier.com are prime examples of C2C auction sites. Ebay is the largest such example of a C2C site. Amazon Auctions and Yahoo Auctions are the next largest competitors in the C2C sites. Epier.com is the newcomer to the bunch, and although like most other auctions, it can't even come close to the size of ebay based on number of sellers, bidders and volume of daily auctions. It did catch our attention due to it's low fees- There are no fees for listings, only a final value fee. We, as sellers ourselves LOVE low fees, and we'll keep an eye on epier. The previous examples are also considered 'sell-side' auctions, as opposed to a buy-side or reverse auction (see below). This is because the offer is being conducted by the seller, and the bidder responds. Read our in depth article about ebay here Read our complete review of epier.com here _____________________________________________________________________ How a C2C auctions work: see all C2C sites Sellers list items for sale, and they are responsible for setting a price, taking pictures of the item, writing an auction description, listing the item on the auction site, tracking the auction, contacting the high bidder, sending feedback and finally, packaging and shipping the item. Buyers are responsible for sending payment in a timely fashion, and must use their own good judgment and the feedback system at the auction site to protect themselves from auction fraud The Feedback system protects both buyers and sellers, and is the lifeline of online auctions- with it, some sense of credibility about the other party is readily available, since the buyer and seller are almost always strangers to each other during the sale. |