The difference between online inquiry and reverse bidding

the use occasions are different. Reverse bidding can only be conducted online using electronic negotiation platform. There are no limited occasions for online inquiry.

The usual auction is dominated by the seller. The seller gives the goods to be auctioned, and several buyers bid in turn, and the price rises gradually. The highest bidder wins the bid, and the direct beneficiary is the seller. Reverse bidding is just the opposite.

led by the buyer, the buyer (buyer) gives a detailed description of the goods to be purchased, and multiple suppliers bid in turn, and the price is getting lower and lower. Finally, the lowest bidder wins the bid, and the direct beneficiary is the buyer (buyer).

this mode will stimulate the competitive enthusiasm of suppliers to the greatest extent within an appropriate range, and make the purchaser obtain the lowest procurement cost as possible on the premise of ensuring quality and delivery. This "reverse bidding" runs counter to the general seller-led bidding behavior, which is dominated by the buyer, and the lowest price wins.

1. The reverse bidding process is not limited by time and space, and can be carried out anytime and anywhere.

2. The bidding process is more transparent, which brings fair competition opportunities to suppliers.

3. The implementation cost is low, and users only need a computer with Internet access, so that more purchases can be carried out by reverse bidding, thus saving more purchasing costs for buyers and bringing greater profits.

4. It is efficient and labor-saving to transform one-on-one negotiation between buyers and suppliers into competition among suppliers in traditional procurement.

5. Suppliers can be distributed all over the world, which is beneficial to broaden the supply of goods.