Start Your Own Reverse Auction Website!
Start Your Own Reverse Auction Website!
Reverse auction is a downward price auction script where buyers advertise the specifications of the product or service they need, suppliers in their turn make bids continuously lowering their prices until the auction closes.
Buyers watch as suppliers-competitors lower their price in real time. The lowest bid usually wins.
Internet communication growth will pursue Reverse auction script development attracting more and more participants. This is an opportunity to have a great number of both buyers and suppliers at once.
Reverse auction is the evolution of the supply chain. It provides the most rapid way to get profitable offer from the best suppliers
So why not create your own?
Auction to buy a product/service
Buyers get price offers from the suppliers according to the product/service requirements.
The winner is defined manually by the buyer.
Auction to sell a product/service
Sellers get different price offers from the buyers. Usually the winner is the one who offers the highest price for the product.
Visible price auction
Bid prices are known by all the participants but the identity of the other bidders is unknown.
Invisible price auction
Bids are hidden for all participants except the buyer; the winner is chosen manually by the buyer at the end of the auction. Suppliers are only aware of where they are in order relation to the “winner”.
Best price auction
The most preferable price is considered as a winning bid.
Best value auction
The winning bid is the one providing the most favourable conditions for the buyer.
Any supplier can register at a auction an take part in the bidding process.
Moderation or limited access
1. Suppliers are pre-screened and approved before the auction.
2.Only invited suppliers can take part in the auction.
“We have contacted Merkeleon company and been provided with the end product according to our initial requirements. The developers have completed the tasks ahead of the workplan and in a quality manner. Our project manager undertook a customized approach while dealing with our requests and took initiative in suggesting innovative ideas in the process of solution development. The Merkeleon team showed true interest in the project’s success. Our company is aimed at further partnership!”
“We’d like to thank Merkeleon team for their professional approach to any issues within the working process. All tasks are solved and fixed asap.
Should mention their high responsibility, customer-oriented approach and flexibility what is of great importance for us. Thank you for your high quality services!”
“As a customer I had a good first impression from Merkeleon company. Later this impression improved exponentially. The company showed a really high level of quality of the performed work, confirming once again its reputation. Particular attention should be paid to the development team. I have never seen in my practice such experienced, highly qualified professionals. Sometimes I had the impression that they are reading my mind, explaining all the nuances of my project development. The staff is responsive, patient, knowledgeable and most importantly they know their work and its specificity perfectly. I can say that out of thousands or even millions of companies that I could be offered to cooperate, I would not hesitate to choose Merkeleon!”
“On behalf of “Lotteries Shop” I would like to express my deep gratitude to the Head of Merkeleon company as well as all its employees for their caring attitude to their customers!
While working with your company, there was no one question that we didn’t get specific and professional answer to.
I would also like to note that all products and services offered by your company contribute to the excellent promotion of our business!
Thank you for your professionalism and respect for your customers!
We wish you success and prosperity in business!”