--Jaime marin 11:41, 11 Aug 2005 (EST)== Jaime Marin ==
I'm a second year student doing business and media communication.
I am twenty, male and have lived in Brisbane for the major portion of my life.
I work as a Student officer for real estate firm and it greatly bores me, but it pays well. I dislike the fact that I work for a company which is at times trying to exploit students but then it also helps others.
I am hoping that my degree will someday allow me to become a producer of some sort, preferably within film, specifically producing film clips for bands or musicians.
--Jaime marin 15:02, 1 Aug 2005 (EST)
As my recearch topic i have chosen to do online auctioning, as i have been scared by sellers on Ebay.
--Jaime marin 15:32, 1 Aug 2005 (EST)
• Jones, K. (2005). ‘eBay Branches Out’. PC Magazine, Vol. 24, Iss.14; pg. 23 New York
This document published in PC magazine, New York details how eBay the largest online auction company has increased fee’s in 2005 which has led to its users switching to creating their own online shops. Alternately, other users have opted to send their business to sub-branches or sub stores which consistently work with eBay. eBay though replied to these figure and comments by adding that they consider these sub-stores as compliments to their company, as “our job is to help the seller be successful�?. Also added was that eBay has never been healthier with first quarter trading being roughly $10.6 billion in 2005.
--Jaime marin 19:40, 11 Aug 2005 (EST)
• Gopal R., Thompson S., Tung A,. Whinston AB,. (2005). ‘Managing Risks in Multiple Online Auctions: An Options Approach’. Decision Sciences, Vol. 36, Iss. 3; pg. 397. Atlanta
This article written by four highly acclaimed professors and doctors within their fields. Within the article they acknowledge that online auctions are a growing and recognized force in business, specifically electronic business. What they propose after thorough research are risk management tools loosely based on the concept of financial options which would be used to benefit sellers. They introduce by outlining seller and buyer risks than offer a selection options and risk management schemes. This includes pricing options, market structure and an Auction Option Primer. The publication then leads to topics such as frameworks for options in an auction environment and also an experimental study before the conclusion. Ultimately this publication deals heavily and in depth with the business aspect of online auctions, however it lacks to converse the history and mechanics which power online auctions.
--Jaime marin 22:36, 10 Aug 2005 (EST)
• Sunday Business. (2005) ‘Grabbing a Piece of the Auction’. pg. C. 11 London (UK)
This article focuses itself around the triumph of eBay CEO Meg Whitman. It documents how Whitman is the ‘anti-CEO’ in comparison to other chief officers. The article then continues to dictate how her customer listening skills and theories were well executed and have led to eBay growth from a $47.4 million dollar company in revenue at the time of her entry to last years figures in which eBay made an $829.5 million dollar profit. According to the article, eBay’s success in the global market has been due to the approach which has been led by Whitman. The article also details problems which Whitman and eBay have faced. Briefly mentioned are problems such as major technical glitches, the controversy over online ticket scalpers and unauthorised ticket sales. Additionally were the selling of stolen goods and even the selling of body parts via eBay. The article, whilst briefly mentions the negative aspects which have occurred under Whitman, focuses more towards her success and how she overcame difficulties. It also heavily depicts and praises decisions which she has controlled such as eBay’s purchase of PayPal and Gumtree. Both of which are seen to have further enhanced eBay Stranglehold on the market.
--Jaime marin 11:41, 11 Aug 2005 (EST)
• Oaff B. (2005) ‘It’s not the Winning, It’s the bargain that counts; Online Auctions’. Financial Times. Jul 16 2005. pg. 26
This short article describes the growing phenomena of how people in London are continually over paying for items on online auctions predominantly in cases were they could also purchase the identical item at a less expensive price in a regular store. Furthermore the article speaks to David Barret, the former marketing director at an internet service provider, who speaks of how online auctions cause people to become carried away by the competitive nature of the transaction. This emphasizes a strong point of the competitive and comparatively gambling culture which online auctions have created. Instances have occurred were people have almost become addicted to online auctions, according to Richard Gale, manager of a counselling service. The article then leads to offer the advice of commonsense, self restraint and research so that current or potential users of online auctions reduce the risk of a negative experience.
--Jaime marin 11:57, 11 Aug 2005 (EST)
• Tang S. (2005) ‘Going going… then gone your bid on eBay is under threat from ‘snipers’. Financial Times. Jul 9 2005. pg. 7
the purpose of this article is to bring attention to the most controversial cottage industry which has sprung from online auctions, ‘sniping’. It is a secretive and nearly assured form of winning provided by companies. Basically the way sniping works is that a last bid is placed a few seconds before the auction ends. The bid is a small percentage higher the current bid and thus, you are the winner. The article further goes on to detail the five largest companies of sniping, and details how they perform their business and how the continue to make money. It also details the negative replies that companies and users who snipe have received from non users of the sniping system including hate mail.
--Jaime marin 12:17, 11 Aug 2005 (EST)
• Harden L. & Heyman B. (2002) ‘The Auction- App’ United States of America: McGraw Hill
This is a detailed book available both in print and as an online ‘e-book’ which graphically details how electronic or online auctions work and make profit, also critically analysing how one can maximise their success using online auctions. Within its seven chapter structure in details the topics of participating at auction, a brief history of internet auctions, finding the relevant market place, software and services for creating an E-commerce auction infrastructure, key elements for successful auction on your own site portal, resources for researching your auction initiative and getting beyond being a one trick pony. Furthermore the book contains several case studies which allow the reader to apply the content to specific actual cases. Heavily concerned with the business aspects of online auctions the book is a detailed and precise account of how they work and can work to better suite the individual or company at hand. What defines this book from others is the clarity and detail upon which it delves into. It not only gives basic common advice but it also deals with business to business advice as well as peer to peer and business to consumer. Further highlighting this depth are the chapter concerning the software and hardware outlining and advice in order to create a stronger infrastructure to support the growth of your business or profits.
--Jaime marin 13:49, 11 Aug 2005 (EST)
• Samson D. (2003) ‘e-business: Value Creation for Management’ Case 7. pg. 273-283 New South Wales, McGraw Hill.
This is a case study on the Pan European Fish Auctions otherwise known as PEFA (http://www.pefa.com). This is a site where one can sell, buy, arrange transport, pay for and quality assure commercial fish parcels Europe wide or world wide in some cases. The case study analyses PEFA’s growth and entry into the market initially. It details the vision seen by the creator Marie Jeanne Becaus-Pieters and importantly also outlines the fishing trends in northern Europe. The case study gives an intrinsic look as to how she developed and manipulated the previous supply chain infrastructure and online auctioning system to suite the European fish market. It then leads into detailing the virtual marketplace which PEFA created and the system which they used to maximise their potential and profits. The main attraction of this case study is that it gives an example of how electronic and online auctions can be used in a business sense and furthermore it deters from headlining eBay as the only online Auctioneer.
--Jaime marin 18:16, 11 Aug 2005 (EST)
• Introduction to E-Business, (2004) Third Edition, McGraw Hill. Australia pg. 140, 141.
This segment in this textbook briefly outlines what an online auction is, what segment of e-business I falls under and some basic examples. Naturally it outlines eBay but it also outlines further auction houses that are run by businesses and not peer to peer based. A strong point is that it outlines that auctions can also be initiated by consumers and not only sellers.
--Jaime marin 19:39, 11 Aug 2005 (EST)
• eBay Australia. (2005) ‘What is eBay’ Retrieved 11th August 2005 from http://pages.ebay.com.au/help/newtoebay/questions/about-ebay.html
A general self boasting and propaganda piece written by eBay for eBay. Basically it answers the question of what is eBay in basic terminology. What is impressive about this site is that it removes the weighed down definitions and buzzwords which the general public do not understand. Thus allowing for people to understand in a basic terminology how eBay works and how they can use eBay’s services. This specific page is part of eBay’s help section from their homepage and offers links to other pages with similar topics such as eBay explained, security centre and general question. Furthermore it links to a help index which answers the most frequent questions which first time users or researchers are seeking to explore
--Jaime marin 19:56, 11 Aug 2005 (EST)
• Woodward S. (2005) ‘Online Auction Fraud’ Retrieved 11th of August 2005 from http://www.macosx.com/articles/online-auction-fraud.html
Acknowledging that online fraud is highly on the rise this website firstly backs this statement by presenting facts which state that there has been a 51% increase in online fraud and that approximately 71% of complaints received relate to online auctions. The article then in greater detail depicts the main forms via which fraud occurs in relation to online auctions. The website then provides a series of commonsense advice which will ensure that the seller and consumer protect themselves from online fraud as much as possible. This does raise the serious issue of user protection fro both buyer and seller. An issue which had been overlooked or downplayed by several other articles and publications. The main positive feature of this awareness is that it simultaneously attacks and provokes online auction providers such as eBay to increase or acknowledge faults within their systems. Whilst these problems may never be eliminated they can most certainly be reduced.
--Jaime marin 21:16, 11 Aug 2005 (EST)
• About-Auctions.com (2005) ‘About-Auctions, read to succeed in online auctions’. Retrieved 11th of August 2005 from http://www.about-auctions.com/
A website organised to help people learn all about online auctions. It contains articles, news and general information about online auctions, specifically eBay. Which although narrow-minded is understandable as it is the powerhouse of online auctions. However a major conundrum is that a large majority of articles are written by the general public and are dealing with their personal experiences. This leads to two tangents forming. The first and positive tangent is that a diverse and realistic portrayal is given by actual eBay users. Hence raising actual and key issues, solutions and alternate options. The second and negative is that the people on deeper issues such as business issues may have but cannot prove their commentary or views. So whilst they may be academics the website does not acknowledge or provide proof of their positions and hence much of the text is not as useful as it may be.
--Jaime marin 22:09, 11 Aug 2005 (EST)
