Traditionally used with cattle and many other commodities

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Auctions have been traditionally used with cattle and many other commodities, and now we consumers are seeing more and more evidence of the use of auctions aimed at consumers. Do you believe this trend is likely to continue, or are these auction sites actually a form of a scam? If they are likely to continue to grow, what are the key factors you believe must be addressed for the growth to occur. If they are a scam, what is there about what is happening that makes you feel that way, and why can’t it be removed as a barrier to success? Use solid evidence to support your position where possible.

Reference no: EM132199637

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