An Auction? Most EBay Users Don't Have Time for That

EBay headquarters in San Jose Photograph by David Paul Morris/Bloomberg

The online auction is fading fast. Fewer than 15 percent of all who post EBay listings are opting for an auction-only sale these days, according to a paper published this month (PDF) by Stanford University researchers who worked with the online marketplace for their study. Most sellers instead choose to offer items at fixed, “Buy It Now” prices, making EBay more like a conventional e-commerce website than the online-auction pioneer it was in the 1990s.

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