Why have internet auctions fallen out of favour?
June 15, 2011 8:06 PM Subscribe
"Today, auctions are a smaller portion of ecommerce than they were in 2001, and even on eBay they are a dwindling . . . [t]hey now account for just 31 percent of all sales on the site and are no longer at the heart of the company’s business model."Why have internet auctions fallen out of favour?
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