FAQ AI

FAQ

Frequently Asked Questions — Auctions, RFQs & Registration.

Answers on how B2B Markets works, what it costs, and how private auctions, Simple RFQs, and Non-Catalog RFQs differ for buyers and sellers.

Everything You Need to Know

Organised into three areas. Click any question to expand the answer.

Getting Started

What is B2B Markets?

B2B Markets is a private auction and RFQ platform for manufacturers, wholesalers, distributors, importers, and retailers. Unlike open marketplaces, our tools let sellers and buyers invite their own trusted trading partners by email — creating a closed, high-trust transaction environment.

Is it free to register?

Yes. Registration is free for both buyers and sellers. Buyers pay zero fees — always. Sellers pay commission only on successful sales.

How do I register as a buyer vs. a seller?

Choose your role during registration: "I Want to Sell," "I Want to Buy," or "I Buy and Sell." Each option routes you to the correct account setup for your needs.

Can I be both a buyer and a seller?

Yes. Many companies source raw materials while selling finished goods. Select "I Buy and Sell" during registration to access both toolsets from a single dashboard.

What industries does B2B Markets serve?

Any company that buys or sells B2B products is a fit — including Apparel & Textiles, Furniture, Electronics, Consumer Goods, Construction & Building Materials, and General Wholesale.

What do buyers pay?

Buyers pay nothing. Registration, posting RFQs, comparing quotes, participating in auctions, and purchasing are all free. There are no buyer fees of any kind.

Auctions

How do private auctions work?

Sellers create an auction, set reserve price and terms, and invite specific buyers by email. Invited buyers register free to view full details and bid. Only invited, registered participants can see and bid.

Who can see my auction?

Only the buyers you invite by email. Auction details, pricing, and product information are not visible to anyone who has not been invited and registered.

Can I set a reserve price?

Yes. When creating an auction, you set the starting bid, reserve price, and duration. You are never obligated to sell below your reserve.

How do invited buyers participate?

Invited buyers receive an email summary. They click through to B2B Markets, register free if they do not already have an account, then view full details and place bids.

What products can I auction?

Any B2B product across all industries. The platform is designed for wholesale quantities, excess inventory, and overstock — from apparel to electronics to construction materials and beyond.

What do sellers pay?

Sellers pay zero upfront fees. Registration, listing products, and inviting buyers are free. Commission is charged only on successful sales.

RFQ & NC-RFQ

How does the RFQ tool work?

Post your requirements — specs, quantities, timeline, quality standards. Invite trusted suppliers to respond, or discover new ones on the platform. Receive competing quotes and compare them side by side.

Can I invite my own suppliers to respond?

Yes — a core feature. Enter supplier email addresses. They receive a notification, register free, view your RFQ, and submit a quote. This brings existing relationships into a competitive format.

How do I compare quotes?

All quotes arrive in a standardised format in your B2B Markets dashboard. Compare pricing, delivery timelines, quality certifications, and terms side by side — no more juggling emails.

What is a Non-Catalog RFQ (NC-RFQ)?

An NC-RFQ lets you source products that are not listed on the marketplace. You define requirements, invite specific suppliers to bid, and compare their quotes — like running a private tender for exactly what you need.

How is NC-RFQ different from a Simple RFQ?

A Simple RFQ goes to one seller on a listed product to negotiate price and terms. An NC-RFQ goes to multiple suppliers for a product you define — creating competition that typically yields better pricing.

Can I choose which suppliers see my NC-RFQ?

Yes. NC-RFQs are private by default. You invite only the suppliers you choose. No other sellers or competitors can see your requirements or the quotes you receive.

Is there a fee for using NC-RFQ?

No. Buyers never pay fees or commissions on B2B Markets — including for NC-RFQs. This tool is free for all registered buyers.

Still Have Questions?

Jump in — registration is free and takes about two minutes.