For thousands of years, auctions remained largely unchanged — until 1995, when a computer programmer posted a single item online. The result: A broken laser pointer found a home, and Pierre Omidyar founded eBay. Unlike its slow-to-change offline predecessor, the online auction has gone through some rocky reincarnations in the past few years. Still, don’t expect online auctions to go the way of the dinosaur — at least, not anytime soon.
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The State of Online Auctions: Going, Going, Going?
Posted by: Michelle Leach August 16, 2011 05:00 AMFor thousands of years, auctions remained largely unchanged — until 1995, when a computer programmer posted a single item online. The result: A broken laser pointer found a home, and Pierre Omidyar founded eBay. Unlike its slow-to-change offline predecessor, the online auction has gone through some rocky reincarnations in the past few years. Still, don’t expect online auctions to go the way of the dinosaur — at least, not anytime soon.
Keep up the work,