Explain tracking auctions

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Explain Tracking Auctions

Assume you are a well-versed, knowledgeable, and experienced consultant. Consider this situation: Fred Stringer has come up with a new computer program to help online sellers manage online auctions at sites such as eBay and others. This computer program is superior to just using a spreadsheet to track auctions. Fred would like his program to become the dominant design, but also wants to earn a profit from all his hard work. Explain the advice you would provide to Fred in terms of what he can do to meet both of these objectives.
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Reference no: EM1323642

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