Auctions are the course of buying and selling products, services or items in which people interested will bid or try to put down the counter offer from the existing bid in certain products. The products will be price the lowest and most of the interested buyers will try to recommend the higher price from the baseline of the item. Moreover, live auctions have limited time and who has the highest price can get the product. Live online auction sites have the same auctioning process and objective. The difference is only that, it made through the internet.
