One day while working at my job one of my co-workers said to me that an electronic device I had just bought from a store named after a fruit was selling on an auction website for $100 more than the list price and an idea was born........
BeMoreNet.com founded and operates aucmarket.com - we are a leader providing of auction statistics to help novice, intermediate and expert buyers and sellers make good decisions when purchasing or selling goods in the auction marketplace. We collect over a $1,000,000 a day in auction statistics for DVD's, video games, books, electronics, software, tablets, cell phones, gift cards and more.
Our goal is to help people make shrewd decisions about their auctions - whether it's buying or selling a product - it's all about arming people with knowledge and data. We aim to help buyers make decisions about how much they should bid on an auction or what reserve a seller should set to protect themselves from losing money. If you are a seller our statistics can help you establish a benchmark for setting a buy it now price. If you are a buyer our statistics help you make intelligent decisions when making a purchase on a buy it now auction.
The AucMarket™ name evolved from a combination of Auction Market and Stock Market. Like the Stock Market one can't make shrewd decisions on buying and selling stocks without arming themselves with key data points. Aucmarket.com is operated out of Boston, MA or wherever we have a laptop and an internet connection.
A Bid Auction is where a seller sets an opening price for a product and potential buyers opt to win the product by offering a higher price (bid). This bidding process moves the price up and at the conclusion, the highest bidder wins the item.
A BIN auction is where a seller sets a fixed price for the product and a buyer can choose to pay this price and immediately win the item.
In some instances the buyer can make an offer below the fixed price giving the seller the option to accept and close the sale.