Auctioned advertising means selling advertising space to a higher bidder, the space that is being auctioned should be a very good spot in order to let the advertising company bid for the space. It is now used widely in many European countries where several bidders bid for the billboards for the purpose of their advertising. The better the advertising space is positioned, the higher it costs. Bidding is like just any other auction; however, the product that is being auctioned here is the advertising space as well as the ad itself. Auctioned advertising can be in the billboard form and any ot[...]