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Customer to Customer marketing has become more popular recently with the advent of the internet.

Companies such as Craigslist, e Bay, and other classified and auction based sites have allowed for greater interaction between consumers, facilitating the Customer to Customer model.

The most successful current form of auctions is based on the internet, such as e Bay.

Most C2C websites, such as e Bay, have both streamlined and globalized traditional person-to-person trading, which was usually conducted through such forms as garage sales, collectibles shows, flea markets and more, with their web interface.

Many C2C sites have expanded and developed existing product categories by introducing category-specific bulletin boards and chat rooms, integrating category-specific content, advertising its service in targeted publications and participating in targeted trade shows.

e Bay specifically has also broadened the range of products that it offers to facilitate trading on the site, including payment services, shipping services, authentication, appraisal, vehicle inspection and escrow services.

Once the auction is completed, a final value fee is charged.

This fee generally ranges from 1.25 percent to 5 percent of the final sale price.

Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service.The C2C site also e-mails the seller to report who won and at what price the auction finished.At that point it's up to the seller and buyer to finish the transaction independently of the C2C site. Although it's free to shop and place bids, sellers place fees to list items for sale, add on promotional features, and successfully complete transactions.In 2003 US classifieds market totaled .00 billion for both newspapers and online classified ad services.The oldest auction house is Stockholm Auction House (Stockholms Auktionsverk), which was established in Sweden in 1674.

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