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LBOstore.com is an e-commerce site with a revolutionary pricing model that allows users to name their price on every item in the store 7 days a week, 365 days a year. By doing so, LBO has created a unique marketplace where the price of goods fluctuate in real-time based on the collective demand of interested users. Not only does this process help companies reach consumers who would otherwise be turned away by a high sticker price, it also helps companies gauge how the market as a whole values their products.
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