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Ebbel said the site operates in a manner similar to eBay, the popular online auction site. But CollegeBeans.com is more reliable, he said, because buyers and sellers are physically closer together...
YOUR2CENTS.COM Amazon.com started the trend, and now consumer reviews are expanding. Epinions.com covers everything from fly-fishing to cell phones, and pays reviewers up to 3[cents] each time their reviews are read. The site lets members rate reviewers' trustworthiness, a la eBay, and lists professional reviews below customer ones. BizRate.com compiles customer feedback on e-commerce sites. These online reviews will be published in Consumer Reports beginning in November...
...eBay? The 3 million auctions taking place at any given time on the site appear to be twice that of the rest of the web auctions combined. Despite eBay's series of nasty crashes, it's a lead that just keeps getting bigger as the growing variety of listed items attracts more buyers, which in turns attracts more sellers. How to fight the network effect, a rule that says networks ?- be they made up of fax machines, e-mail or online auctions ?- become exponentially more useful with more users? The answer is simple ?- with a network...
...million Amount bid for a kidney in an online auction before eBay yanked the offer as illegal...
...commerce will hit a total of $1.3 trillion by 2003, accounting for 9.4% of total U.S. business sales. Varda Lief (see the box, following), a senior analyst at Forrester specializing in e-commerce, says business-to-business transactions will far surpass business-to- consumer deals and dwarf giants like eBay and Amazon.com in revenue and sales. "Business-to-business is the stuff that makes everything run," says Lief...