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Eauction

oboloo Glossary

Eauction

Eauction

An eauction is an online auction in which participants bid on items using a computer or mobile device. Eauctions are typically used to sell surplus or excess inventory, but can also be used to sell other types of items, such as real estate or automobiles.

Eauctions are becoming increasingly popular as they offer a convenient way for buyers and sellers to connect and transact business. Buyers can browse through a wide variety of items and purchase them from the comfort of their own home or office. Sellers can reach a wider audience of potential buyers and eliminate the need for expensive brick-and-mortar auction facilities.

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