Online Reverse Auction: The Lowest Bid Will Win

2007-03-08 10:33:40

( Business )



In Online reverse auction you bid not on products, your online bid is for a temporary work. This online auction services can be used by e.g. houseowner or companies who need somebody to paint a fence, to cut the grass, meaning to say who will be only temporary employed (project of the online bid).

You will get your desired service for a cheaper price than you will pay for a professional but keep in mind that the lowest price is not the same with the best quality. The people who make the cheapest online bids in an online reverse auction are mostly unemployed people, especially for small works (e.g. painting a fence etc.), so the risk for the quality is on your side.

Most important is to put a very detailed description of the desired service so that the people who will make their online bids know what they have to do and what they have to bring with them e.g. are the materials given or do the bidder have to buy it. This will also prevent misunderstandings with the online auction payments.

But you can use online auction sites for online reverse auctions also for other purposes. A man wanted to have a face lifting and the prices he gets from the doctors were very high and not really affordable for him. So he decided to start an online reverse auction to find the cheapest price for his desired operation. There were plenty of online bids and at least he could have had this operation for half the price.

To make the online auction payments for online reverse auctions it is advisable to pay after the work is done. This is the only way to control the quality since you can reduce the payment if you are not satisfied.

The online auction services are a good way to buy products or to look for somebody who will do a work for you. But never forget to compare before with the normal prices. As already mentioned there are different online auctions sites and they are available for special topics e.g. stamps, cars.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.