Presenting items on a sequential
lot-by-lot basis, the OnLine RingDirector is an online auction
system that constantly monitors the level of interest in a specific
item and continuously manages the speed of the auction to recreate
the emotion and enthusiasm of a traditional auction event. The
OnLine RingDirector system also allows the remarketing organization
to operate as the "auctioneer" by allowing the administrator
to alter both the starting bid and reserve price in real time.
