Online Auctions and Social Media

With new forms of technology continually coming out, people have been creating more modern and convenient ways to find and complete tasks, and this leads to new jobs coming to life. In the wake of these changes, online auctions and social media have become more prevalent and have helped small businesses thrive and survive against bigger companies. This thesis examines how online auctions and social media collect information and how it is possible that both systems could be combined to improve both sites and business across both systems, which will affect the overall United States economy. The results show how actually forming this merging would be difficult, but there are possibilities that could lead to both systems becoming one in the future.