FAQ AI

Question: What is the core offering with B2B Markets? 

Answer: B2B Markets Saas (Software as a service) core offering is its auction tool to enable sellers to sell its overstock and surplus products and to offer buyers, the non catalogue RFQ (NC-RFQ) tool so that buyers can automate their procurment and negotiation process. B2B Markets offer a unique tool that enables users (seller's & buyer's alike) to invite companies into their auctions or RFQ's even if the users have not previously registered on www.b2bmarkets.com. The process is simple, when sellers start a product auction or a buyer starts an NC-RFQ, they can invite businesses that are not on the website. This ability allows the users to invite businesses that they know to be reputable to minimize future issues.

Question: Does B2B Market only offer non catalog RFQ (NC-RFQ)?

Answer: No. when considering supplier products, buyers are given two option. One is to purchasing the product outright by adding it to the shopping cart or alternatively click RFQ on the product page and initate negotiation with the supplier based on quantity, time of delivery or any other factor.

Question: WHat if the benefit of the non atalog RFQ (NC-RFQ) for buyers?

Answer: Buyers now can negotiate with multiple sellers by sending one RFQ to as many suppliers as they choose. They can invite suppliers that are not on www.b2bmarkets.com by clicking the appropriate radio button. They can negotiate with all suppliers simultaanously until they achive their ideal purchase terms and conditions.

Question: What else does B2B Markets offer other than its auction and NC-RFQ?

Answer: B2B Markets is designed as a B2B Marketplace platform which aims to provide a variety of B2B related services to small to medium size companies (Seller's & buyer's). While its core offering is its auction & RFQ tools, B2B Markets aims to add additional services such as financial services, lines of credit, logistic and fulfillment services. B2B Markets offerings aim to optimize small to medium size companies sourcing, procurement, and fulfillment processes, giving businesses the tools so that they can focus on what they do best.

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