|Mon Feb 17 2020 21:38:21|
Should eBay Do Live Streaming Auctions?
By: Ina Steiner
eBay auctions haven't changed much since the site launched. In a question submitted for next week's eBay Town Hall session, a seller asked if the company would consider offering live streaming auctions in real-time "to keep the site up-to-date with 21 Century Technology."
The seller, User ID walnutts-2.0, said sellers have been running live streaming auctions on Facebook. "Seller can show the potential Buyer their items in real time, like a real live auction house would do. The buyers watch on their computer or mobile device, while the "auctioneer" describes the item to the audience. The product can be shown from all different angles, and in close-up if necessary. The participants can ask real time questions, and request more information."
They add excitement and fun, the seller said, which can lead to bidding frenzy, "and the best thing for the Seller is that they don't have to spend hours writing listings and taking hundreds of photos."
It's a fascinating idea. However, state regulators might look askance at such a format. Some readers may recall when they came after eBay drop-off stores
and trading assistants for failing to have an auctioneers' license in the mid-2000s.