Generated USD 436,000 saving, approximately 16% price deflation.
Customer |
A premium sourcing company buying 1 Milion promotional soccer balls for a famous soft drink brand. |
Project Name |
Soft Drink Soccer Balls project |
Bidding Items |
1 Million Soccer Balls |
Suppliers |
10 qualified suppliers based in China |
Budget |
USD 2,700,000 |
Bidding Date |
August 2015 |
Bidding Strategy |
Bidding period set to be 30 minutes. Any new bids coming in the last 3 minutes would extend the period by 3 more minutes. Bidders could see their rank. |
Bidding Results |
The whole bidding lasted for 72 minutes with 114 bids and 16 extensions. |