An Online Auction is the buying and selling of products by the process of bidding and then offering the goods to the highest bidder on the internet. There are various types of online auctions that are practiced around the globe but the most common and widely accepted one is the English auction. In this type of auction, a reserve price is fixed for the goods and the customers offer larger and larger bid. Finally, the product is sold to the highest bidder. English auction is the most common auction type in the US and most of the online auction sites use the English auction type.

eBay Buyers really like pictures. In fact I would go as far to say the more pictures you include with your listings for your items the more they'll feel compelled into buying their item from you, and not from your competitors. In fact, there are hundreds of buyers who will literally abandon your auction within 5 seconds or less of arriving if they don't find a picture there waiting for them.

This article offers information on the typical types of users of eBay and the reasons for their doing so.