These facts only enhance the Internet s growing importance to advertisers. Due to the World Wide Web, millions of users, be they individuals or organizations, can now connect directly to each other or to marketers through computers. Sites that are attracting huge audience are Web auctions. Web auctions offer electronics, watches, cars, household items and other desired products at a lowered cost. While many of these products are new, some of these products are refurbished or discontinued.
Consumers place bids through private accounts which are established with proof of a credit card.
Those who desire to buy products compete with those all over the country. My friend Chris, a self proclaimed Internet junkie, has established an account here. After two years of working at Computer City, Chris realized that his employee discount could not compete with the prices on the Web auction. Chris co-worker was turned on to the auction by an advertisement he saw in the Micro Warehouse site. One person saw the advertisement and passed along what he saw to another consumer.