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AbsoluteBuyer.com
AbsoluteBuyer.com Revolutionizes Reverse Auction Buying
February 20th, 2009
When it comes to money, Americans are saving more and spending less. A government report issued in January 2009 showed that the consumer savings rate of after-tax dollars jumped to 2.9 percent in the third quarter of 2008. This figure, up from less than 1 percent one year prior, is indicative of penny-pinching behaviors. And that's why AbsoluteBuyer.com, a new online marketplace where individuals or groups of people can join together to purchase items for the absolute best price, is poised for success. Launched in late 2008, AbsoluteBuyer.com is a reverse auction website that gives buyers the savings advantage, as vendors compete with each other to offer purchasers their lowest...
Source: Health Business Week (2009-02-20)
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