Name Your Own Price

There are lots of business models that are used in our society today, such as: Product & Service Customization, Online Auctions, Group Purchasing, Affiliate Marketing, Find The Best Price, Name Your Own Price, and Social Networking & Web 2.0 Tools. According to How Things Work and Entrepreneur, the “Name Your Own Price” business model is the top model to use not only when opening up a starter business but in the business world period (2014, 2009). Priceline and Greentoe are two of the most well-known

Priceline.com (PCLN) is a travel agency that offers cruises, hotel rooms, airline tickets, vacation packages, excursions and rental cars. The company 's "Name Your Own Price" option offers its customers an incredible proposition by allowing them to name their own price for any travel related products or services. Priceline.com determines the lowest price it can accept, while the customer has the discretion in the supplier selection. Priceline.com also provides a brand preserving sales service that enables

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

value proposition, the model creates the platform for customers and vendors to meet. Consumers are able to negotiate or bid for low prices which give them the opportunity to have quality products at lower cost and which results in savings for the customer. On the other hand, the model create a new channel for the vendor to sell off it excess products at a good price directly to the consumer thus increasing their revenues. The revenue model of the business model, create revenue for the organisation

the United States, priceline.com offer the customers the ability to purchase travel services in a price-disclosed manner or the opportunity to use the Name Your Own Price service, which allows the customers to make offers for travel services at discounted prices. The subsidiaries of the Company include Lowestfare.com LLC and Travelweb LLC. In May 2010, the Company acquired

Radiohead: Music at Your Own Price Introduction: Apple’s iTunes launched in 2001 transformed distribution and consumption of recorded music setting the trend for the future. The proliferation of online music subscription services and other music sharing services exerted a great pressure on the conventional music distribution business model. Combined with this transformation, piracy of digital music had a profound impact on the whole industry. These worsening conditions in the market place for recorded

Writing Up Controlled Assessment Investigation One TASK 1 Front cover with: Your name GCSE BUSINESS STUDIES CENTRE NAME: ST JAMES CENTRE NUMBER: 12278 CANDIDATE NUMBER Controlled Assessment B Deb’s Café Some pictures Page number your document. Make sure you use the same font of the same size throughout. The exception is headings which can be larger. Only include the actual headings suggested (which are in bold and underlined) and not Task 2, 3 etc. There are marks for punctuation, spelling, grammar

Radiohead: Music at Your Own Price Introduction: Setting the trend for the future, the distribution and consumption of recorded music transformed dramatically with the launching of Apple’s iTunes in 2001. The proliferation of online music subscription services and other music sharing services exerted a great pressure on the conventional music distribution business model. Combined with this transformation, piracy of digital music had a profound impact on the whole industry. These worsening conditions

With the introduction of its innovative "Name Your Own Price" services program in April 1998, Priceline provides this unique transaction service allowing consumers and businesses to leverage the Internet for the buying and selling of leisure airline tickets, hotel rooms, rental cars, cruises, vacation packages and even home mortgages. Since launching its business, priceline.com has sold millions of airline tickets, hotel room nights, and rental car days. Priceline.com is the patented Internet pricing

forever” (5) The Prices move to Africa and are immersed in a new, bizarre land. The imagery in this passage describes the land the Prices end up in and depict how they are aliens in the Congo. This develops the setting and plot of the novel. It sets