Traditional Culture Encyclopedia - Traditional festivals - How to treat the phenomenon that the traditional auction failed many times, but the online auction was a deal?

How to treat the phenomenon that the traditional auction failed many times, but the online auction was a deal?

This may be related to the differences in auction methods, the scope and speed of information dissemination and other factors.

1. Difference of auction methods: Traditional auctions are usually held at a fixed time and place, and bidders who participate in the auction need to bid on the spot, which may be inconvenient for some bidders who are far away from the geographical location.

2. The scope and speed of information dissemination: Online auction can spread information through the Internet platform, which can quickly cover a wider audience. At the same time, auction information can spread quickly on the Internet, so that more potential bidders can understand the auction information and participate in it.