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Topic: Business
Number of pages / Number of words: 15 / 4041
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Today after nearly three years of existence Priceline.com boasts a huge market share, loyal fan following and 373 employees. Priceline.com can be best described as the ?ultimate Internet middleman'. How Priceline.com Works? Ron Rose, Chief Information Officer at Priceline.com, says, "Our goal is to lead the industry as a world-class customer-centric company, with an infrastructure that delivers the best, personalized customer service experience is absolutely fundamental to our company's long-term success on the Internet...


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Priceline.com uses its ?virtual' business model, which works as a three-step process while allowing them rapid scaling using the Internet: The first step consist of Priceline.com collecting consumer demand, of the individual customer backed with the guarantee of the respective customer's credit card, for a particular product or service at a price which is set by the customer...


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