What makes Universal Bid Central different from other web sites where people can bid for products?
Universal Bid Central implements a patent pending bidding algorithm that permits various sellers to compete simultaneously for one buyer, thus reducing the prices of the products, with this process participating bidders do not have to attend the bidding process, contrary to conventional auction web sites where various buyers compete for one seller thus increasing the price of the products having to monitor the bidding process constantly. At Universal Bid Central, all of the bids are closed bids, meaning that bidders do not know the price of their competition or what their bidding parameters are, this way merchants do not have to disclose or advertise what will their lowest price be and the price is systematically adjusted by the bidding algorithm if/as necessary down to a predetermined limit.
Universal Bid Central implements a patent pending transaction arbiter that permits various sellers to compete simultaneously for one buyer, thus reducing the prices of the products,with this processparticipating bidders do not have to attend the bidding process, contrary to conventional auction web sites where various buyers compete for one seller thus increasing the price of the products having to monitor the bidding process constantly. At Universal Bid Central, all of the bids are closed bids, meaning that bidders do not know the price of their competition or what their bidding parameters are, this way merchants do not have to disclose or advertise what will their lowest price be andthe price is systematically adjusted by the bidding algorithmif/as necessary down to a predetermined limit.
Related Questions
- What makes Universal Bid Central different from other web sites where consumers can request quotes from various merchants such as new car dealers?
- What makes Universal Bid Central different from other web sites where people can bid for products?
- What makes Universal Bid Central different from other comparison shopping web sites?