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Marc Pickren’s Blog on Online Marketing

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Posts Tagged ‘reverse auctions’

Positive Benefits for Purchasers in Online Auctions

If there was ever a catch-phrase for today’s financial environment it’s “do more with less.” So it comes as no surprise that any plan that will cut a company’s costs and time reflects positively on personnel and budgets.
What better way to accomplish that than with positive benefits for the purchaser in online auctions.

Simply put: Reverse auctions can be positive in that they can act as a “wake-up call” to suppliers. The reverse auction charges the supplier with the responsibility of thrift spending, waste elimination and a sense of supply chain management that actually works for its clients. (more…)