Concept

How do online auction prices compare with local store prices and affect pricing strategies?

IntroductionToBusiness OP 8D04gAa / Critical Thinking Case

"5. Do a search on Yahoo! ( http://www.yahoo.com ) for online auctions for a product you are interested in buying. Visit several auctions, and get an idea of how the product is priced. How do these prices compare with the price you might find in a local store? What pricing advantages or disadvantages do companies face in selling their products through online auctions? How do online auctions affect the pricing strategies of other companies? Why?"

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How do online auction prices compare with local store prices and affect pricing strategies? | IntroductionToBusiness OP 8D04gAa | Bifalgorithm | Bifalgorithm