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Reverse Auctions

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matthieu19
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REVERSE AUCTIONS
Research reverse travel auctions' history Reverse auctions is when the role of the buyers and the sellers are reversed. The history of reverse auctions gained popularity in the late 1990s. It is the moment of the emergence of Internet-based online auction tools. Pioneer of online reverse auctions, FreeMarkets, was founded in 1995 by former McKinsey.
Profile how they work, in general -The buyers propose the price is ready to pay. -The sellers just say to him if they agree or not.
Choose a reverse auction site - profile the types of hotels you found on the site ,[object Object],[object Object],[object Object],[object Object]
Research sites that give customers advice on using reverse auctions ,[object Object],[object Object],[object Object],[object Object]
List the key points ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusion - how can a hotel best participate in a reverse auction site, if at all. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Reverse Auctions

  • 2. Research reverse travel auctions' history Reverse auctions is when the role of the buyers and the sellers are reversed. The history of reverse auctions gained popularity in the late 1990s. It is the moment of the emergence of Internet-based online auction tools. Pioneer of online reverse auctions, FreeMarkets, was founded in 1995 by former McKinsey.
  • 3. Profile how they work, in general -The buyers propose the price is ready to pay. -The sellers just say to him if they agree or not.
  • 4.
  • 5.
  • 6.
  • 7.