Thursday, October 23, 2008

SlingAd Auctions

Do I hear?.... and of course the following words echo a price!
That is the standard call for auctions across the world! Auctions you say?
Yes, auctions. Today, auctions are quite different than the standard offline world of selling and buying goods and or services like that of the world reknowned Christie's Auction house who is now taking advantage of the world wide web to get the word out about them, and with good reason!
In today's online world, there are literally millions of different auctions being advertised in virtually every country and from coast to coast. Examples are police auctions, private auctions, ebay auctions and SlingAd Auctions to name just a few. Additionally, there are different ways to hold or conduct these various types of auctions. There are free auctions, reverse auctions and so on the list goes. An example of free auctions is the newly added SlingAd Auctions which is free to the public and with absolutely no fees whatsoever when you sell an article to others.
This of course offsets the traditional auction online that charges fees in order for the company to make a profit.

Reverse auctions on the other hand will charge an upfront fee for participants to check current bid prices and of course often times the seller is the auction company itself.
The main advantage to this kind of auction is the ability to get yourself name brand items at lower prices than you could in most other cases as the price goes down every time one checks it.

To digress, a fee free auction has an advantage in that the seller will often times sell quality name brand items at similar low prices and of course nobody pays a fee to participate.

The discussion about auctions could go on forever and yet, my fingers are getting tired, so I guess I'll call it.... a night! Yes.. pun intended!

John Williams
SlingAd Network

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