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In a dutch auction, the seller starts with a high price and then gradually lowers it until somebody buys it.
An auction at which the thing to be sold is first put up at a higher price than anyone is likely to bid. The price is then gradually lowered, and the first person to make a bid has the thing knocked down to him. This method of selling is the reverse of a real auction, in which the price is run up in stages, and the highest bidder secures the article.
by ProfoundPuns9 years ago
I've been an eBay seller for a couple years, and I've noticed that my sales aren't doing nearly as well now as they did when I started. Do you think lower sales have anything to do with the current economy? For other...
by S K G Rao.7 years ago
Why do some people keep telling the same thing again and again,and why do some people often andand ofter keep forgetting things like where did I keep my key ,where is my purse,where is my ear rings etc.
by TheWicklessCandle5 years ago
What is cheaper to import from China? FOB or CNF?
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