Subject category:
Marketing
Published by:
International Institute for Management Development (IMD)
Version: 13.11.2003
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https://casecent.re/p/11819
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Abstract
This is the first of a two-case series (IMD-5-0593 and IMD-5-0594). After pioneering a ''name-your-price'' on-line commerce service model in 1998, Priceline sold record numbers of air tickets. In 1999, it extended this service model to the on-line sale groceries, planning to capitalise on its newly acquired Internet brand recognition.
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Abstract
This is the first of a two-case series (IMD-5-0593 and IMD-5-0594). After pioneering a ''name-your-price'' on-line commerce service model in 1998, Priceline sold record numbers of air tickets. In 1999, it extended this service model to the on-line sale groceries, planning to capitalise on its newly acquired Internet brand recognition.