Buyer and Sellers: Both Have Benefits in Reverse Auctions

Sellers are also beneficiary from reverse auction marketplace. Don't think that reverse auctions are bad for sellers. Reducing the price may reduce their margins but the capitalism world has become like this, competition is everywhere and customer is always looking for better prices.

The advantage for sellers is to get more leads for cheap! Sellers don't need any marketing budget to get know for their products. Just browse one of the category and find buyers, ready to buy that already have the budget. No need for marketing speech to convince him, just post your better price and win the sale!

As I explained before, buyer is saving money buying with Oltiby.com. He can ask for everything, his imagination is the limit! Any categories can be added and sellers are everywhere, not that far... on eBay for example.