Avatar Posted by aeromit 162 days ago (http://www.ecommercetimes.com)
Category: ECommerce | Tags: e-commerce- ebay ecommerce
Instead of using an eBay-style auction model, online marketplace Wigix has built itself on a system more akin to that of a stock market. "We wanted to apply a different model to the business-to-business or customer-to-customer experience. The auction model like eBay doesn't work for commoditized items like electronics," CTO Bob Lee explained.
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