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Bidding War
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Bidding War

Definition updated on November 2023

What is a Bidding War?

A Bidding War occurs when two or more entities compete to outbid each other in an auction or sale.

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Mustard Yellow
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M
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Polka Dot
What is Polka Dot in fashion?
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Waffle Knit
What is Waffle Knit in textiles?
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Vintage-inspired Styles
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High-rise Jeans
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New Year’s Eve outfit
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Cocktail Dress
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Bachelorette Party Dress
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Girl’s Night Out
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Club Dress
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Professional Attire
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Formal Wear
What constitutes Formal Wear?
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Casual
What is Casual wear?
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Business Casual
What is Business Casual attire?
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Linen
What is Linen as a textile?
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Merino Wool
What is Merino Wool in clothing?
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Velvet
What is Velvet in fabric?
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Baby Fit
What is Baby Fit in fashion?
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Ribbed
What is Ribbed fabric in fashion?
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🧣
Classic Knit
What defines Classic Knit in fashion?
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🔅
Open Knit
What is Open Knit in clothing?
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Cable Knit
What is Cable Knit in garments?
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▼
Chevron
What is Chevron in patterns?
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Plaid
What is Plaid in textile designs?
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Striped
What does Striped mean in fashion patterns?
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Burgundy
What is Burgundy in the context of color in fashion?
B
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Wine Red
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Maroon
What is Maroon as a color in fashion?
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Oversized
What does Oversized mean in clothing styles?
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📏
Big and Tall Size
What is Big and Tall Size in clothing?
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👗
Plus Size
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🇺🇸
American Vintage
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Vintage
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Exclusive Release
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Limited Edition Sneakers
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Vintage Clothing
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High-end Fashion
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Luxury Goods
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Resale
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Online Bidding
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⚔️
Bidding War
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🏛️
Auction House
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Overstock
What is Overstock?
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Inventory Liquidation
What is Inventory Liquidation?
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🏷️
Consignment
What is Consignment?
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Dropshipping
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Online Sales
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🔁
Retail Arbitrage
What is Retail Arbitrage?
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Competitive Pricing
What is Competitive Pricing?
C
🎯
Core Competency
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📊
Marketshare
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🛍️
Thrift
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🖼️
NFT
What is an NFT?
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📘
Facebook Marketplace
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⛓️
Supply Chains
What are Supply Chains?
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💻
Ecommerce
What is Ecommerce?
E
🔨
Auction
What is an Auction?
A
🔄
Trade
What is Trade in economics?
T
🏪
Retailer
What is a Retailer?
R
⚖️
Marché Gris
Qu'est-ce que le marché gris ?
G
📦
Wholesale
What is Wholesale?
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💱
Exchange
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E
🛒
Mercado
What is a Mercado?
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🛑
Black market
What is the Black Market?
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Labor market
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🌳
Gumtree
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Monopsony
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Seller's market
What is a Seller's Market?
S
👥
Buyer's market
What is a Buyer's Market?
B
💸
Sale
What is a Sale in commerce?
S
🌐
Global
What does Global mean in economic terms?
G
🛒
Consumer
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Industry
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I
📣
Commercial
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C
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Retailing
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🛒
Mart
What is a Mart in retail?
M
🏛️
Agora
What was an Agora in ancient civilizations?
A
📈
Oligopoly
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O
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Outlet
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O
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Craigslist
What is Craigslist in the context of online marketplaces?
C
🛍️
Bazaar
What is a Bazaar in commerce?
B
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3P – Third-Party Sellers
What is the role of 3P (Third-Party) sellers on e-commerce platforms?
T
👥
1P – First-Party Sellers
Who are 1P (First-Party) sellers and how do they operate on e-commerce platforms?
F
🛒
WS - Wholesale
What is the meaning of WS (Wholesale) and how does it relate to product distribution?
W
👥
VC – Vendor Central
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⚪
WL – White Label
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🔤
UPC – Universal Product Code
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U
👤
VA – Virtual Assistant
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V
🔖
SKU – Stock Keeping Unit
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💬
RFQ – Request for Quote
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🚚
SFP – Seller Fulfilled Prime
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SEO – Search Engine Optimization
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🏪
SC – Seller Central
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S
💰
ROI – Return on Investment
How is ROI (Return on Investment) calculated and used to evaluate business performance?
R
🛍️
RA – Retail Arbitrage
What is RA (Retail Arbitrage) and how does it play a role in e-commerce strategies?
R
💲
PPC – Pay-per-Click
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👤
PL – Private Label
What is PL (Private Label) and how does it apply to products in the market?
P
🏭
OEM – Original Equipment Manufacturer
What is an OEM (Original Equipment Manufacturer) and how does it fit into the supply chain?
O
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PED – Prime Exclusive Discount
What is a PED (Prime Exclusive Discount) and how does it benefit Amazon Prime members?
P
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