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Depends who you're trying to appeal to, and what you ad budget is.
If you're looking to appeal to a very general audience, I'd suggest using a CPA (cost per aquisition) program, such as TradeDoubler or Comission Junction? Don't have a huge budget? Try clixgalore instead. Haven't use them myself, but they're certainly more cost effective.
On top of that, I'd first get a good member base going before splashing out on brand regognition. You'll find this to be more important as your project progresses, but first I'd concentrate on getting actual users. Use CPC marketing.
Oh, and one more thing. I'm not suggesting you con your users or anything, but before you spend a fortune advertising your site, make sure it seems to already have a good member-base. I know it's an auction site, but would you join a forum with one member and less than ten posts?
Hope this helps!
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