UpperBid.com Online Auctions, the top ranking USA Sellers only online auction, announced today that they are eliminating dutch auctions from their selling options. Though they are still allowing the sales of multiple item auctions in the fixed price format, they have made the decision to stop offering the dutch style bidding for multiple items.

“Dutch auctions are just too confusing to buyers,” says Robert King, CEO of UpperBid LLC, which owns UpperBid.com. “We want to make our online auction listings and procedures as comfortable and clear to buyers as possible.” King believes that the dutch auction format is a very unpopular failure and should be eliminated from the online auction format at all online auction web sites.

UpperBid.com has chosen instead to focus on improving buyer satisfaction by promoting the excitement of the single item auction bidding which has always been the draw of buyers to an auction environment, whether it be a public auction or an online auction.

Posted: 09|26|09 at 1:44 pm. Filed under: Auction News.