Econ Term Project

Econ term project Priceline.com is an Internet company that has pioneered a particular(a) type of e-commerce known as ?demand collection presidency? that enables consumers to use the Internet to save money on a wide range of products and dos while enabling sellers to expire incremental revenue. Using a simple and compelling consumer approach shot of ?name your price,? the consumer is in control of the product they wish to purchase. In the form of individual guest offers guaranteed by a character reference card for a particular product or assistant at a price set by the client and communicate that demand directly to the participating sellers or to their vacuum tube databases.

The company works by allowing the consumers to agree to hold their offers heart-to-heart for a specified period of time to enable priceline.com to find out out their offers from inventory provided by participating sellers. Once fulfilled, offers largely cannot be canceled. By requiring consumers to be flexible with respect to brands, s...If you compulsion to expire a full essay, order it on our website: OrderEssay.net

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