Comments on: Reverse auctions: getting low bids from suppliers

By: Paris Roussos

Paris Roussos — Wed, 06 Sep 2006 18:57:52 +0000

Another interesting reverse auction which is a yellow pages local model is http://www.metrohorse.com Thanks for your posting very interesting.

By: Ricemutt

Ricemutt — Tue, 15 Aug 2006 07:48:18 +0000

I might not be understanding your question correctly, but usually reverse auctioning happens in the B2B arena, with suppliers you’re already dealing with. It’s just a different channel to use to get bids instead of using a phone or email. As far as getting the word out, I’d guess that with either reverse auctioning or traditional bidding, you’d have to find a way to alert suppliers, that’s true.

By: serge's page

serge's page — Sun, 13 Aug 2006 13:32:14 +0000

i know how they work – supposed to get best value/price for ptoduct supplied.
ok, but what abt informing the mkt tht yr looking for something? if theres no known pub page then potential suppliers hve no way knowing yr looking 4 best value and fail 2 bid