what is competitive bidding?
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Competitive bidding is when more than a few companies/individuals are bidding on your project.
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figure time and materials. checking what competitors are charging may also help. it is better to overbid than underbid and lose money. remember a contract may have you losing money for a long time if you are wrong.
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I hope they do put forth a bid! It would be pretty awesome!
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The following sites give the answer:\n\nhttp://en.wikipedia.org/wiki/Perfect_competition\nhttp://instruct1.cit.cornell.edu/courses/ha191/slides/monopoly.ppt
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Sustainable competitive advantage is a way of saying an investor's long-term investment matches a companies long-term position.  By considering whether a position is sustainable, strategic theory asks a person to consider the five forces of strategic position and see what's likely going to be a strong foundation.  \n\nBecause strategy is irreversible by definition, it ought to be created with utmost care and conviction.  \n\nExamples of sustainable competitive advantage may be:\n  -- Google's market position\n  -- IDEO's innovation model\n  -- GE's #1 or #2 position in every market they compete in\n      -- or their six-sigma process\n  -- Union Pacific's control of rights of way in urban areas\n  -- NASA's experience and technology set in space exploration\n\nMichael Porter's Competitive Advantage is still the seminal work on the whole area of thought.  You'll also find good information published by the big-three strategy consultancies: McKinsey, Bain, and Boston Consulting Group.  Finally, Harvard Business Press puts out the best strategy case studies and articles in the industry.\n\nIncidentally, Boston Consulting Group basically invented strategy when they first studies learning curves in the aviation industry a very long time ago.  They discovered that the learning curve was 1) real, 2) predictable, and 3) sustainable.  So, if it cost me $5 to manufacture an airplane part for the first part, how long until it cost only 50 cents, and how should I set prices so that others can't afford to come into the market and compete with me?
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The ability of a business to compete with others on the basis of its cost of production is COST COMPETITIVENESS. When a business able of produce goods or services on low cost as compared to its competitors it has competitive advantage over the others.
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"The NYSE trades in a continuous auction format. There is one specific location on the trading floor where each listed stock trades. Exchange members interested in buying and selling a particular stock on behalf of investors gather around the appropriate post where a specialist broker, who is employed by a NYSE member firm (that is, he/she is not an employee of the New York Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction. They do on occasion facilitate the trades by committing their own capital (approximately 10% of the time) and as a matter of course disseminate information to the crowd that helps to bring buyers and sellers together. Most of the time natural buyers and sellers meet in a market that provides efficient price discovery in an auction environment that is designed to produce the fairest price for both parties. The human interaction and expert judgement as to order execution differentiates the NYSE from fully electronic markets. However, in excess of 50% of all order flow is now delivered to the floor electronically."
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Consumers demand for products that give convenience and quality at the lowest cost.  These are very subjective criteria, in a competitive market, suppliers are pressured to give better products to outsell the existing top brands.  Product awareness and reach is now not enough to sustain market supremacy specially because through the internet one can easily find the latest product offerings every now and then.  To compete, suppliers have to continually innovate either the product itself or to improve the process of making it and delivering it to the customer. \n\nIt's a tough market nowadays!
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The theory is that deregulation leads to a competitive market.\nAn industry that is viewed as not growing or not being competitive due to the restrictions imposed upon it may be deregulated. It happened with local councils in the UK when all the jobs carried out by the council eg waste collection, parks, roads maintenance etc was deregulated and competitive tendering was introduced. All these jobs were then put out to tender. The result was varying from a great improvement in standards in some areas to a dramatic fall in other areas.
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Competitive pricing is a method of pricing in which a manufacturer's price is determined more by the price of a similar product sold by a powerful competitor than by considerations of consumer demand and cost of production. \n\nBranding and Niche Marketing are to competition-oriented pricing strategies.\n\nA brand strategy is a statement of the brand’s sustainable competitive advantage, usually consisting of a demographic and psychographic description of the intended customers and the benefits they get from the brand. The brand strategy statement is developed within a competitive framework. \n\nNiche strategy is focusing exclusively on a particular demographic or geographical area
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It just means what is the competition level.
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here is a site that you can bid on projects.\n\nSo people wish to pay peanuts for large projects but there are some that will pay reasonably for a reasonable project.\n\nhttp://www.rentacoder.com/RentACoder/default.asp
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1. The price of the competitor's product having same features.\n2. The demand of the product (Directly proportional).
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The big companies usually make some employee sales of the company actives, I think that is the best cheap deal you can get, but you need to have someone working on a place that does this auctions...
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It's an auction for tickets that aren't available yet.\nYou have to Bid on the Auction to win = BA Presale
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Competitive Market Analysis is defined as the market analysis of an already competent market. \nGenerally, market analysis is carried out in order to obtain the current market situation for a particular product or service, to understand the feasibility of introducting the product or service in the current market! However, these analysis are not perfectly accurate!\nCompetitive Market analysis gives an closer perspective, sharper and clear understanding of the market.
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in-house competitions are always good. my team runs them once a week, with the winner having an all expense paid for lunch.\n\nalternatively i know other ppl tend to put up small prizes for grabs such as a free trip to the hair dressers etc.