NigerianAuctionBuzz.com

The essence of the online buying and selling platform in Nigeria is to encourage the exchange of goods and services irrespective of location.

However there is a major concern we are trying to address. We have created a very simple yet effective initial verification system that will allow you or us to reach any buyer or seller easily, we have also setup a feedback system that will allow members rate buyers and seller based on past performance, and we have also developed features that will make it very difficult for a fraudster to register again once banned.

Our system is setup in such away that it can induce honest buying and selling, however the main concern is that, in the beginning everyone is new to the system so before the secure system takes effect, how will you, as a user react.

I would like to set this up as an open discussion with members to hear your thoughts on how to safely bid on a product someone is selling and what will be the motivation for a seller to remain honest from the start.

Comments and views most welcome.

Thank you.

This entry was posted on Saturday, September 2nd, 2006 at 7:30 pm and is filed under NigerianAuctionBuzz. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site. Your comments will appear immediately, but I reserve the right to delete innapropriate comments.