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Priceline.com, an online travel agency offered a name your own price option. However, by 2005, Priceline began to de-emphasize this system, [10] and added published price options on its websites. [9] A 2014 academic study showed that posted prices can guarantee higher profitability to service providers than the name-your-own-price mechanism. [11]
Priceline got into the online auction business with Priceline Yard Sales, where individuals would use the Priceline system to haggle for various second-hand items and trade them in person. Priceline sold long distance telephone service and automobiles under the Name Your Own Price model. These experiments were terminated in 2002.
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Priceline may refer to: Priceline.com , a commercial website which helps users obtain discount rates for travel-related items such as airline tickets and hotel stays The Priceline Group , a provider of online travel & related services, and a parent company of Priceline.com
United — Limited senior fares available (select Senior 65+ when booking) Hotel discounts While quite a few hotels offer discounted rates, they tend to come with caveats about availability and ...
The online travel portal is famous for its name-your-own-price service but, this year, it seems like shareholders were the ones who got to pick their stock price, as the company posted amazing ...