Reverse auction

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chinan Darmarajen

Business Technology

A reverse auction is a type of auction in which the roles of buyers and sellers are reversed.

In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.,[object Object]

Reverse auctions enable marketers with perishable excess inventory to sell at an unpublished discount.

The reverse auction generally earns the difference between the price paid by the customer and the price charged by the supplier or a percentage of the sale.,[object Object]

The traveler don’t have any description of the hotel they booked,[object Object]

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Reverse auction

2. A reverse auction is a type of auction in which the roles of buyers and sellers are reversed.

4. Reverse auctions enable marketers with perishable excess inventory to sell at an unpublished discount.

6. Name your price

8. Hotels in famous cities

10. http://www.free-pressrelease.com/news/200903/1236321429.html

11.

12.

13. Avoid affecting the image of the brand

14. Are the competitors using the same strategy for distressed inventory

Reverse auction

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Reverse auction