What Are The Advantages Of Reverse Auctions? first

buying at auction


With a normal auction, the price goes up with the bidding, whereas in online reverse auctions resellers bid against each other and the price goes down. The reverse auction process can be used for any goods or services, and as such, it brings significant savings to all buyers.


What Are the Benefits Of Online Reverse Auctions?

profit auction
  • Significantly reduce the cost of the products
  • Save substantial amounts of time
  • Competitors are required to disclose their prices to each other, which then contemplates multiple rounds of bidding
  • It is quick (competitors normally have only minutes to do their bidding)
  • It expects and even encourages competitors to focus on each other’s pricing
  • The more you buy through a free online auction, the more you save. Get great rewards by saving money with Oltiby


Get Online In Two Steps

online auction


Step One - Become a Member - simply choose your own user name and password. It is Free!

Step Two - Here you will need to provide your information in order to post an order for an item that you are looking for. It is Free!


What Are The Fees? first

service fee


1. Buyers - Posting an Order is Free.

2. Sellers - Displaying items for sale is Free.

3. Sellers - Bidding on items at online reverse auctions is Free.

Buyers pay Oltiby a service fee a percentage of the lowest bid. Oltiby will then provide you with the sellers contact information (name, address, telephone and email) to complete the sale.


Don't find what you're looking for? See our Frequently Ask Questions about online reverse auctions.


Sign up now to start saving money on any item you are looking for. Sellers compete, you win!

register for online auctions













guide to reverse auctions

reverse auctions
verified members auctions Verified Members
auction testimonials Auction Testimonials
secured auctions Your Information Is Safe and Secured
reverse auctions information
Reverse Auctions
Information Center

verified member auction


   Recent Online Auctions Articles

Online Auctions || Auction Services || Buying at Auction || Government Auction || Public Auction || Auction House || Online Reverse Auctions || Online Auction

FAQ || Contact Oltiby || About Oltiby || Mobile/PDA || Press || Online Auctions || Site Map || Links || Latest Reverse Auctions || rss feed (Feed Help)

Copyright 2014 Oltiby Inc. All Rights Reserved. Designated trademarks and brands are the property of their respective owners.
Use of this Web site constitutes acceptance of Oltiby User Agreement and Conditions and Privacy Policy.

wordpress blog stats