the utilization of technology in markets

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the utilization of technology in markets af Mind Map: the utilization of technology in markets

1. the application of Meta auction sites

2. Use of Meta Auction Sites

3. Advertising online

4. can derive sale instantly. The use of search engines in advertising helps when it comes to acquiring customer trust and patronage. The transactions can be delivered to the customer after requesting from the online sites.

5. These sites provide information concerning various goods supplied by online auctions. There is AuctionWatch.com which has become successful.

6. Various types of price competition are provided here. There is the use of eBay technology for bidding. FreeMarkets online auctions cover a vast market.

7. Fresh Information

8. Use of bidding services

9. The use of shop-bots

10. Information must be in charge

11. Information is like an oyster. It has the highest value when fresh.

12. The 'ebay.com' is designed in such a way that they can invite customers to send the price they are able and willing to pay for a particular commodity.

13. The technology has facilitated the speed of delivery of products to consumers. It can also take the shipping costs through zip code.

14. Always provide the latest information with the consumers. Accessing to the inventory helps the sale policy. Information also prevents product discrimination.