CIOApplications
static-image
  • Home
  • Applications
      • Auction Software
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • Enterprise Search
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Telecom
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Agile
      • Amazon
      • Artificial Intelligence
      • Auction Software
      • Collaboration
      • Construction
      • Contact Center
      • GRC
      • Human Resource
      • InsurTech
      • Oracle
      • Parking Management
      • Predictive Analytics
      • ServiceNow
      • Simulation
  • Amazon
  • Artificial Intelligence
  • Collaboration
  • Agile
  • Predictive Analytics
  • Contact Center
  • Auction Software
Specials
  • Specials

  • Agile
  • Amazon
  • Artificial Intelligence
  • Auction Software
  • Collaboration
  • Construction
  • Contact Center
  • GRC
  • Human Resource
  • InsurTech
  • Oracle
  • Parking Management
  • Predictive Analytics
  • ServiceNow
  • Simulation
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Applications

Thank you for Subscribing to CIO Applications Weekly Brief

It's a Win-Win Situation Always!

By CIO Applications| Tuesday, July 16, 2019
Tweet

 WinIn favor of any ardent shopper in present time, nothing can be as endearing as purchasing or selling services or commodities online. Apart from the comfort and convenience of relaxing at home with a smartphone or a laptop open, placing orders and receiving offers, the advantages of online shopping or business on the web are enormous.

FREMONT, CA: Online business in recent times is not restricted to buying and selling goods solely; they have revolutionized as well as replaced the way of trading. Amongst every modern online business platform, the uninviting county courtrooms and hotel ballrooms are the growing favorites of the auctioneers in the recent past. Because of the innovative business model, online auctions are experiencing massive growth at a breakneck speed.

Online auctions give a classic, win-win situation for every participant as for a seller, auctioning products on the web can be a vivid method of getting the goods at a never-ending exposure. On the other hand, a smart buyer should keep an eye on the upcoming auctions and hunt for the most economical deals.

A few benefits of online auctions include:

Beyond Any Geographical Barriers:

Elimination of the geographic boundaries can be considered as the exceptional convenience offered by online auctions, which also grants the seller with an opportunity to showcase products and services openly. The product listed for online bidding before potential buyers start pitching fairly and remotely for it, and in the end, the person who offers the best deal wins. This factor is profitable to both the parties as it eliminates the restriction of traditional actions where the buyer had to attend the actual bidding irrespective of any assurance regarding a bid.

Levels of Authenticity:

Apart from offering the genuine and best market value of the commodity, online auctions tend to attract the most severe and determined buyers, who start bidding after their prior research and analysis regarding the real value of a product.

Universally Accepted:

The wide range of supplies can help bidders to browse from any corner of the world to bid, and buy whatever they want, besides; the seller can also reach out to past buyers and transact with them.

Time is Never a Factor:

Nobody can put a limitation on anything for a bid since the auctions take place round-the-clock. The buyer can log in at night and hunt for the best deals; meanwhile, the seller can list the commodities, and within no time, bids start streaming in.

Auctioning online or bidding can be immensely reliable for those who observe as well as prepare proper precautionary measures by selecting a good and reputable website. 

tag

Scrutiny

Weekly Brief

loading
ON THE DECK

Robotic Process Automation 2021

Top Vendors

Business Continuity 2021

Top Vendors

Previous Next
Tweets by CIOApplications

Read Also

Doble Releases Spark P3 to Simplify Insulation System testing of High Voltage Assets

Doble Releases Spark P3 to Simplify Insulation System testing of High Voltage Assets

Microsoft Boosts Industry Cloud Strategy for Healthcare with the Acquisition of Nuance

Microsoft Boosts Industry Cloud Strategy for Healthcare with the Acquisition of Nuance

Foot Locker Implements Freedompay's Commerce Platform Across its Stores

Foot Locker Implements Freedompay's Commerce Platform Across its Stores

Five Important Features of Enterprise Search Platform

Five Important Features of Enterprise Search Platform

How the IoT Improves Construction Projects?

How the IoT Improves Construction Projects?

Four Advantages of Implementing Multichannel Contact Center

Four Advantages of Implementing Multichannel Contact Center

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/it-s-a-winwin-situation-always-nid-4657.html