After bidding for gadgets, books and other stuff online, now one can also bid for travel packages. Online travel community Oktatabyebye.com has announced the launch of its online bidding for travel packages. With reserve price for the bids as low as Rs 500 one can look forward to trips to destinations like Manali, Goa, Shimla, Jaipur, Jodhpur, Kodaikanal and Tirupathi.
To start bidding, participants have to register themselves on the website. The bidding will close at 6 pm on January 1, 2008. The highest bidder of a package on the closing day will win the package. Winners then have a choice to pay online through a secure payment gateway, or offline through cash.
Parthasarathi Mandal, Business Head, Oktatabyebye.com, said, “Oktatabyebye.com is a platform committed to providing the most relevant user-generated travel information possible to both travel enthusiasts and travel shoppers. From discussions on our website, we identified a huge need for year-end vacation packages – at this juncture, travelers are unable to find packages offering destinations and amenities of their choice. This is why we decided to create some of the season’s most-wanted packages, and offer them to bidders at our website at a minimal reserve prices. We are confident that Indian travelers will keenly participate in the country’s first travel package bid.”
Mandal further said, “The reason we have taken this initiative is that a lot of our members were looking for affordable travel packages. Most of the travel packages available are expensive. We are piloting this concept and expecting it to work well. There is a demand and supply situation, and we will monetise this situation while providing value to our members.”