Whois & Analysis for liveauctioneers.com

An online marketplace (or online e-commerce marketplace) is a type of e-commerce site where product or service information is provided by multiple third parties, whereas transactions are processed by the marketplace operator.

Online marketplaces are the primary type of multichannel ecommerce and can be described as a "simple and convenient portal" to streamline the production process.

An online auction is an auction which is held over the internet.

Online auctions come in many different formats, but most popularly they are ascending English auctions, descending Dutch auctions, first-price sealed-bid, Vickrey auctions, or sometimes even a combination of multiple auctions, taking elements of one and forging them with another.

The scope and reach of these auctions have been propelled by the Internet to a level beyond what the initial purveyors had anticipated.

This is mainly because online auctions break down and remove the physical limitations of traditional auctions such as geography, presence, time, space, and a small target audience.

This influx in reachability has also made it easier to commit unlawful actions within an auction.

In 2002, online auctions were projected to account for 30% of all online e-commerce due to the rapid expansion of the popularity of the form of electronic commerce.'.

A collectable (collectible or collector's item) is any object regarded as being of value or interest to a collector (not necessarily monetarily valuable or antique).

There are numerous types of collectables and terms to denote those types.

An antique is a collectable that is old.

A curio is a small, usually fascinating or unusual item sought after by collectors.

A manufactured collectable is an item made specifically for people to collect.

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then buying the item to the highest bidder.

The open ascending price auction is arguably the most common form of auction in use today.

Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid.

An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.

In a Dutch auction, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met.

While auctions are most associated in the public imagination with the sale of antiques, paintings, rare collectibles and expensive wines, auctions are also used for commodities, livestock, radio spectrum and used cars.

In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.

Bidding is an offer (often competitive) to set a price by an individual or business for a product or service or a demand that something be done.

Bidding is used to determine the cost or value of something.