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Priceline.com Marketing Analysis
Essay specific features
Written by:
Rose M
Date added:
August 14, 2013
Level:
University
Grade:
A
No of pages / words:
8 / 2096
Was viewed:
5210 times
Rating of current essay:
Essay content:
Priceline is the "eBay" of airline tickets, allowing the buyer to bid (once) for the fare. By facilitating sales below retail price via the Internet, Priceline makes it possible for various sellers to move additional inventory, in the form of unsold tickets, while still protecting their brand's retail prices...
displayed 300 characters
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The sellers, or Airline companies, were not contractually bound to provide exclusivity of any form to Priceline while attempting to rid themselves of surplus tickets.
Operational Strategy
Priceline experienced instantaneous success in the Internet community, and reached its $1MM in just over a year of its inception...
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