A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.
We have now added this feature to Zamzit.com to give our users yet another way of successful selling their items and also giving them the chance to get the best deals for items they wish to buy