Yet they have succeded for three decades or more, and granted the tech world wasn't ready for them during 20 or so of those years, but the internet has been around since the late 90s in pretty good strength and yet no-one jumped on the idea.
The internet has been around since the 90s and Facebook started in 2004. Last year Facebook mobile ads did more than all of Yahoo combined. There is still plenty of room for growth.
Every facility manager I have talked to love online auctions fees and all. The buyers are not as happy and watching what the units sell for I understand.
Here is the caveat, when there are a lot of units up for auction online the prices become more reasonable so as the industry grows it will balance out.
I love online auctions bad pictures and all because deep down I am a capitalist. It will get better. Pictures will get better. More units will go up and most of the kinks will work itself out.
Online Auctions new pictures are great much better than SBs. That will make SBs better if they want to compete. Its how America works we keep getting better.
Live auctions will not go out of business but there will be more and more online auctions in the future.
But I bet Barnes and Nobles never thought they would be dinosaurs so soon. Best Buy is in danger of the same fate. The times they are a changing.