You can recall the last time you purchased an item for your home. Perhaps it was something that was sold at several different stores and you traveled around to each of these stores to compare prices and the cost of delivery if you needed that service. You probably remembered asking yourself if this was really worth it to find the best price given the time it was taking and the gas you were using as well. None of these big box stores are ever close together these days. Now there is another alternative called the reverse online auction.
The reverse online auction is a process were you, the buyer, indicates what you would like to purchase and then a number of suppliers will bid on your item. Now they really want to make the sale to you and will watch what the other suppliers are bidding and will even lower the price in the auction to obtain your business. Depending on the item you are purchasing you could save hundreds of dollars by participating in one of these reverse auctions. As the price of the bids decrease, you are saving money!
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