What types of transactions does asiafurniture.biz support?
Direct buy from online catalogues. b) Forward and Reverse Auction services. c) Aggregate Buying Services a) Direct buy from online catalogues. Suppliers increase their exposure to buyers by publishing their catalogues electronically with asiafurniture.biz. It’s easy to upload your catalogue initially, as well as update the content over time. b) Forward and Reverse Auction services Sellers often use forward auctions to sell slow-moving, excess or obsolete inventory items or distressed/returned merchandise. In this model, there is a single seller and many potential buyers. Buyers use the reverse auction model when products/services are not available in a catalogue or covered in a contract, or when contracts need to be negotiated. Here, there is a single buyer and many potential suppliers.
