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How much will it cost to build online reverse auction platform?

Online reverse auctions are increasingly being used in industrial sourcing activities. This phenomenon represents a novel emerging area of inquiry with significant implications for sourcing strategies.

"Buying Made Simple" by reverse auction.

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About Online Auction

What is the fuel for online auction?

Reverse auctions gained popularity with the emergence of internet-based online auction tools that enabled multiple sellers to connect with a buyer on a real-time basis. Today, reverse auctions are used by large corporations and government entities as a competitive procurement method for raw materials supplies, product supplies and services like accounting and customer service.

  • save_time

    Save time

    Reverse auctions are amazingly quick and save time researching market.
  • avoiding_wastage_time

    Avoiding wastage of time and resources

    The buyer puts forth his requirements thus avoiding wastage of time and resources from either side.
  • compare_product

    Compare products

    The buyer can easily compare products and decide on the perfect fit.
  • best_price

    Buyer gets the best price

    The buyer gets the best price for the product.
  • product_sell

    Sell product/services

    The seller does not need to create a shop to sell their product/services.
  • connect_buyer_seller

    Connect buyer and seller in real time

    Online portals are able to connect buyers and sellers in real time.
Top Online Reverse

Auction Platforms

Best Reverse Auction Platforms

Expedia
Priceline.com
eBridge_Business_Solutions_LLC
eauction_services_EASiBuy
Online Reverse Auction

How Reverse Auction Works?

Features

Online Reverse Auction Platform Features

Since online portals are able to connect buyers and sellers in real time, reverse auction typically occurs online where multiple sellers gather to sell their product/services to a buyer.

What's important for

Technology Stack

front end (website and mobile apps)
HTML 5 HTML 5
Angular js angular js
Ios & android ios & android
Flutter flutter
Css 3 css 3
React js react js
Online auction (backend)
nodejs node js
php php
.net core .net core
my sql my sql
postgress postgress
mongodb mongodb
Company Details

About Team

10 years

Our Team is having over 10 years of Experience in Development and have worked with various technologies and have developed and managed platforms with millions of customers.

Top Online Auction Platform Development Company

We are one of the Top Online Auction Platform Development Company who have the ability to develop all the web and mobile application related to Online platform, kindly contact sales@itoneclick.com and talk to our team to build a better application for your auction business.

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