The success of online auctions is based on the fact that all buyers like to save money, and sellers like to make a profit on their products. Here are the advantages.
1.- The buyer only has to pay the money that the product has cost you Auctioned.
2.- The seller pay a small commission on the sale, due to the exposure of the product or service and its sales management. There are other online auction websites where the seller can also pay for, for example, placing products in a featured list or performing a classification by sections.
3.- Apart from the commissions and services received from the seller, online auction platforms also they receive money for advertising. This is because it is a very suitable environment to introduce advertising, since customers spend a lot of time looking at products, making comparisons, bidding...
4.- A lot of information is obtained about clients. Apart from some of your personal data, you can know the purchases made, the money spent, your tastes and the price you are willing to pay for certain products, among other things. This allows know the profiles of our clients potentials and know when, where and for how much we can offer you a product.
