OOBE3G34

Just a normal guy.. This is my second attempt on blogging (was intro to it from one of my class in school!) for a start, it will focus more on my exchange trip to Linkopings Universitet, Sweden BUT i really hope to keep this blog alive in the far far future!! Do feel free to drop me any comments.. pointers to improve on blog-skills oso can!

Carpe dium -- SEIZE E DAY!

Sunday, February 20, 2005

Students launch online auction for college


Woah!! another internet business in the brewing.. and a potential one for success too!

http://www.msnbc.msn.com/id/6994965/

Although currently now inmy own school there are avenues to buy/trade old textbooks, don't tink i've come across any that offers an auction service yet.

It may be a good idea because thru auctions, both the seller and buyer will benefit.
Sellers can fetch the best price for his books/notes while only those buyers who are really keen and willing to pay for the text will get the text. sometg like Maximising economics surpluses (a term i learnt in my economics calss)??!

In addition "the key to this transaction is dot-edu; it only works for students, faculty and university staff" .. hence it ensures only legitimate sellers can post items for sale while only genuine buyers will bid for them.

maybe after my exams this sem, i may explore the possibility of settin up an exclusive auction sites and monitor the interest/popularity of such a service?

-tee-

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