Benefits. Limitations and Strategic Uses of E-Auctions Limitations of e-Auctions Possibility of fraud Limited participation Security Auction software Long cycle time Monitoring time Equipment for buyers Order fulfillment costs Electronic Commerc Prentice Hall 2006 5Electronic Commerce Prentice Hall © 2006 15 Benefits, Limitations, and Strategic Uses of E-Auctions • Limitations of E-Auctions – Possibility of fraud – Limited participation – Security – Auction software – Long cycle time – Monitoring time – Equipment for buyers – Order fulfillment costs