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Auctioning the way eBay originally did it is usually sensible where items are unique. Used/vintage stuff, one-offs and rarities, opportunist-oriented bundles...

Selling toilet paper, or USB cables with that sort of bidding model doesn't work. I mean, prices don't need to fixed either. A dynamic bidding system of some sort (eg AdWords auctions) is definitely an interesting idea. But, to be the place where you ship for regular stuff it needs to be lower overhead for the buyer.

That's nothing against eBay's original mission. They did do (not anymore? I haven't tried in years) that job pretty well. I suspect it's still an awesome place to buy a proverbial broken radio.



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