With the introduction of its innovative "Name Your Own Price" services program in April 1998, Priceline provides this unique transaction service allowing consumers and businesses to leverage the Internet for the buying and selling of leisure airline tickets, hotel rooms, rental cars, cruises, vacation packages and even home mortgages. Since launching its business, priceline.com has sold millions of airline tickets, hotel room nights, and rental car days.
Priceline.com is the patented Internet pricing system that enables consumers to achieve significant savings by naming their own price for goods and services. Priceline.com takes consumer offers and then presents them to sellers who can fill as much of that guaranteed demand as they wish at price points determined by buyers. Priceline.com licenses its business model to independent licensees, including priceline mortgage and certain international licensees.
Priceline become a famous e-business company and make great success very......

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Title: Can Business Model Of Priceline.Com Be Saved
Approximate Word Count: 3120
Approximate Pages: 13 (250 words per double-spaced page)

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