Econ Term Project

Econ term project Priceline.com is an Internet company that has pioneered a unexpended type of e-commerce known as ?demand collection formation? that enables consumers to use the Internet to save money on a wide range of products and dos while enabling sellers to generate incremental revenue. Using a simple and compelling consumer progress 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 inverted comma card for a particular product or proceeds at a price set by the node and communicate that demand directly to the participating sellers or to their subway databases.

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

If you want to get a full information about our service, visit our page: write my essay