| What is online auction? Online auctions are auctions | | | | ABT is bidding and purchasing software application |
| that are conducted via the Internet. The most | | | | firm that provides comprehensive, customized, |
| common structure for holding an online auction | | | | solutions for mobile devices. We specialize in creating |
| involves registering as a seller with one of the several | | | | interfaces that are built for each mobile device on |
| Internet-based auction web sites currently in | | | | the market; whether it is Blackberry, Palm, iPhone or |
| operation. With most applications, all aspects of a | | | | one of the many other devices, our goal is to |
| traditional auction are replicated in the procedure used | | | | provide a seamless and easy to use solution for each |
| by these online sites, including the winning bidder | | | | user. |
| submitting a payment. | | | | Sellers can often set a specific duration for the online |
| Why online auction? Online auction sites today are | | | | auction, with many set to run for a total of seven |
| sophisticated enough to allow sellers to promote their | | | | days. This usually gives registered bidders the |
| auctions to best advantage. Many sites offer the | | | | opportunity to search through all the currently active |
| ability to include multiple electronic images of the | | | | auctions and find those they are interested in. |
| featured item, with some also offering audio as well | | | | However, there are several online auction websites |
| as visual descriptions that allow potential bidders to | | | | that allow sellers to schedule a given auction for as |
| thoroughly investigate the item before placing a bid. | | | | little as forty-eight hours. |
| Bidders can also view comments and ratings | | | | In addition to live online auctions that anyone can |
| submitted by others who have won auctions held by | | | | attend, there are also closed web sites that provide |
| the seller. This makes it possible to determine in | | | | private auction services. Participation in these types |
| advance how reliable the seller is in terms of | | | | of live online auctions is by invitation only, and includes |
| responding to queries, correctly describing the items | | | | a limited number of bidders. |
| he or she offers for auction, and how quickly items | | | | The range of items that may be offered at the |
| are shipped to winning bidders. | | | | typical online auction web site is extremely diverse. |
| Online auctions are generated by the auction | | | | Children’s clothing, household linens and |
| software. The specially designed software enables | | | | appliances, vintage magazines, electronic equipment, |
| the functioning of the different processes involved in | | | | and novelty items are among some of the most |
| online auctioning. This facility is now also available on | | | | popular offerings. Even large ticket items such as real |
| mobile phone. Mobile auctions softwares, available | | | | estate and vehicles can be auctioned in an online |
| from auctionbytouch.com, are designed for phones | | | | environment. Along with dedicated online auto auction |
| which support internet access. These are designed | | | | sites, the larger general auction sites also allow cars, |
| for those who don want miss a single bid when on | | | | trucks and other types of motor vehicles to be |
| the move. | | | | posted for auction. |