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Gale Media, Inc.
All Rights Reserved.

January 10, 2004


Online Auctions Are Here To Stay

Distributors must use counter tactics and focus on renewal strategies to avoid becoming undifferentiated suppliers.

By Adam J. Fein

Online reverse auctions will be an increasingly important tool for customers trying to make more rational sourcing decisions. This article reviews reverse auctions, explains their appeal to customers, and suggests strategies for distributors.

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