Beggars Can Be Choosers
Michelle Megna is managing editor of ECommerce-Guide.com.
Finally, in other e-commerce news is an interesting new site, BegMetoBuyIt.com, launched this week.
BegMeToBuyIt.com puts a new spin on the traditional online auction format. Instead of allowing buyers to bid on a product offered by a single seller, the buyers at BegMeToBuyIt.com post ads for the products they are seeking. If a seller has the product a buyer is seeking, the seller can then post their "bid" — or selling price — as well as relevant details about the product and the terms of the sale.
The company claims that this model offers marketing potential for e-tailers because instead of waiting for shoppers to come to them, the e-business can specifically seek out buyers who have already expressed an interest in their product or service.
"Anyone can search a potential seller in their zip code," Joseph Anania, creator and owner of BegMeToBuyIt.com, said in a statement. "This will benefit professionals in the area who might want to increase their exposure and find new customers."
With BegMeToBuyIt.com, buyers can search for items or services within a 50-mile radius of their location or can search nationwide. Each request can be listed for a range of one to 90 days, and sellers will have the specified number of days to place their selling bids. Buyers can also set a budget range in order to give sellers an idea of the price the buyer is willing to pay for the product or service.
An internal communication center allows buyers and sellers to safely communicate about the transaction. Potential buyers can use the message center to ask additional questions, and both the buyer and potential seller can discuss price negotiations, delivery and shipment, warranties and other aspects of the sale.
Sellers can also post profiles, designate areas of expertise, and other information about themselves. A feedback system ensures that only quality sellers and serious buyers are engaging in the buying and selling process, according to the company.
There is no fee for registering for a buyer or seller account at BegMeToBuyIt.com. Once a transaction has been finalized and a seller selected, the buyer is charged a $3 flat-fee. The seller's final price is subject to a 1 percent commission fee.
site:
http://www.BegMetoBuyIt.com
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