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Online Reverse Auctions

Online Reverse Auctions. Taking Action to New Possibilities. Strategic Plan. Outline. Industry Analysis Online Reverse Auctions Growth in Industry Benefits of Reverse Auctions Challenges of Reverse Auctions Proposal for New Operation Our Objectives AuctionSource

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Online Reverse Auctions

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Presentation Transcript

  1. Online Reverse Auctions Taking Action to New Possibilities Strategic Plan

  2. Outline • Industry Analysis • Online Reverse Auctions • Growth in Industry • Benefits of Reverse Auctions • Challenges of Reverse Auctions • Proposal for New Operation • Our Objectives • AuctionSource • Potential Outcomes & Achievements • Short Term Results and Implementation • Long Term Vision & Opportunities • Conclusion

  3. Industry Analysis

  4. Online Reverse Auctions • What is an Auction? • What is a Reverse Auction? • What is the process involved in a auction?

  5. Benefits • Cost Savings • Convenience • Enhance Efficiency & Effectiveness • Ease of Transactions • Minimize Transaction Times • Eliminates Geographical Limitations

  6. Challenges • Negative Impact on Relationships • Very Competitive • Eliminates Use of Contracts and Agreements

  7. Proposal for New Operation

  8. Our Objectives

  9. AuctionSource • Reverse Auction Supplier • 8 Years of Experience • 25 Billion in Auction Volume • Largest Option Available

  10. AuctionSource • Security • Outsourcing • Benefits • Cost/Users

  11. Potential Outcomes & Achievements

  12. Short Term • Price • $12,668/month for 1-10 users • Why? • Minimize risk • Security • Adaptability • Reputation

  13. Long Term • Vision • A • B • C • Opportunities • A • B • C • D

  14. Conclusion

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