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Auction

What is an Auction?

An Auction is a public sale in which goods or properties are sold to the highest bidder.

What more Sneaker terms?

🎨

Mustard Yellow

🔘

Polka Dot

🧇

Waffle Knit

👗

Vintage-inspired Styles

👖

High-rise Jeans

🎆

New Year’s Eve outfit

🍸

Cocktail Dress

🎉

Bachelorette Party Dress

👠

Girl’s Night Out

🎶

Club Dress

💼

Professional Attire

🎩

Formal Wear

👖

Casual

👔

Business Casual

🌾

Linen

🐑

Merino Wool

🖤

Velvet

👶

Baby Fit

🦓

Ribbed

🧣

Classic Knit

🔅

Open Knit

🧶

Cable Knit

▼

Chevron

🔲

Plaid

🔳

Striped

🍷

Burgundy

🍇

Wine Red

🌰

Maroon

🧥

Oversized

📏

Big and Tall Size

👗

Plus Size

🇺🇸

American Vintage

📷

Vintage

🚀

Exclusive Release

👟

Limited Edition Sneakers

⌚

Antique Watches

👚

Vintage Clothing

👗

High-end Fashion

💎

Luxury Goods

🔄

Resale

💻

Online Bidding

⚔️

Bidding War

🏛️

Auction House

📈

Overstock

🧾

Inventory Liquidation

🏷️

Consignment

📦

Dropshipping

💻

Online Sales

🔁

Retail Arbitrage

💲

Competitive Pricing

🎯

Core Competency

📊

Marketshare

🛍️

Thrift

🖼️

NFT

📘

Facebook Marketplace

⛓️

Supply Chains

💻

Ecommerce

🔨

Auction

🔄

Trade

🏪

Retailer

⚖️

Grey market

📦

Wholesale

💱

Exchange

🛒

Mercado

🛑

Black market

👷

Labor market

🌳

Gumtree

📉

Monopsony

🏘️

Seller's market

👥

Buyer's market

💸

Sale

🌐

Global

🛒

Consumer

🏭

Industry

📣

Commercial

🛍️

Retailing

🛒

Mart

🏛️

Agora

📈

Oligopoly

⚡

Outlet

🔍

Craigslist

🛍️

Bazaar

👥

3P – Third-Party Sellers

👥

1P – First-Party Sellers

🛒

WS - Wholesale

👥

VC – Vendor Central

⚪

WL – White Label

🔤

UPC – Universal Product Code

👤

VA – Virtual Assistant

🔖

SKU – Stock Keeping Unit

💬

RFQ – Request for Quote

🚚

SFP – Seller Fulfilled Prime

🔍

SEO – Search Engine Optimization

🏪

SC – Seller Central

💰

ROI – Return on Investment

🛍️

RA – Retail Arbitrage

💲

PPC – Pay-per-Click

👤

PL – Private Label

🏭

OEM – Original Equipment Manufacturer

🛍️

PED – Prime Exclusive Discount

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