Internet Auctions Industry Overview

Companies that provide auction services over the Internet.

Summary

The phrase “I got it on eBay ” is so often spoken that it’s hard to believe the Internet auctioneer is only slightly more than 10 years old. The company, which began as an experiment designed to examine how equal access to information and opportunities would affect marketplace efficiency, has grown into a global trading platform with millions of items -- from tchotchkes to Tamiflu -- to be had each day.

Full Internet Auctions Industry Description

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Full Internet Auctions Industry Trends

• DoveBid, Inc.
• AuctionDrop, Inc.
• BuyerZone.com, Inc.

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Internet Auctions maps to a number of NAICS codes including:

Full Internet Auctions Industry Codes