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Pricelinecom is an Internet company that has pioneered a unique type of e-commerce known as demand collection system that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue Using a simple and compelling consumer proposition of name your price the consumer is in control of the product they wish to purchase In the form of individual customer offers guaranteed by a credit card for a particular product or service at a price set by the customer and communicate that demand directly to the participating sellers or to their private databases The company works by allowing the consumers to agree to hold their offers open for a specified period of time to enable pricelinecom to fulfill their offers from inventory provided by participating sellers Once fulfilled offers generally cannot be canceled By requiring consumers to be flexible with respect to brands sellers andor product features the company enables sellers to generate incremental revenue without disrupting their existing distribution channels or retail pricing structuresThe company is grounded on the assumption of rational self-interest In other words since individuals make rational decisions to achieve the greatest satisfaction or the maximum fulfillment of their goals Pricelinecom has now revolutionized the market industry By their name and lock your price strategy more and more consumers have been able to maximize their satisfaction on differentiated products The consumers want to spend their incomes to get the greatest benefit from the goods and services they can afford Pricelinecom helps them to achieve their goals Since the inception of this internet-based company millions of consumers were able to afford more with less expenditure on their goods In addition rational behavior varies among every individual because individual preferences circumstances and available information differ Pricelinecom offers various or differentiated goods and services in a broad range of products to purchase from E-Commerce Pioneer Pricelinecom Sells 20000 Leisure Airline Tickets In
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