Definition: B2B stands for business to business transactions; price is the most important market information for commodities and now is our ability to provide up to the minute updates of market information .com is our capability to trade online.
b2bpricenow.com is envisioned not only to providing up to the minute market information where members can post and canvass prices , set a meeting and negotiate online , close a contract and pay online. But to exist as a community where research is provided through Gerry Geronimo's Ating Alamin Corner ; where trade associations and cooperatives can meet through an e-bulletin board and where big companies or grants can l be guided on how best use their financial assistance through the efforts of the Philippine Rural and Reconstruction Movement,
We assure the members of the most capable and secure online trading system through the involvement of UNISYS Philippines and reputable commercial banks
What are the objective of b2bpricenow.com?
We always wonder how can we eliminate middlemen , brokers and traders and why it is difficult to do away with them. It is logical that a buyer will always have the best price if he goes directly to a seller. It is understandable if the middle man has added value such as a one who provides warehousing , trucking or financing , but this is a minority. However , the bulk of middle
men profit just because they have timely or privilege information. By putting this information off the hands of the middleman and to the hands of the buyer or seller , it will revolutionize the way day to day business is done. Thereby, If buyers have direct access to sellers or vice versa then there will be an economic savings that can passed on to the consumers. This information shift from middleman to buyer or seller is addressed by b2bpricenow.com
Wouldn't it be costly to access and trade through the website?
The site is free for everyone to be a member and post his company and prices. It is only the seller who pays ¼ of 1% to the bank as its settlement fee from the total gross sales when he collects from the buyer. This site will always be free because, b2bpricenow.com can earn from advertising revenues, a share in telephone company charges and a share of the bank settlement charges.
Free to market your company and product
Free to canvass market information of your buyer, seller or competitors
Free to research on Ating Alamin database
Free to post and access the activities of your trade association or cooperatives
Free to access service providers to deliver the goods
Free assistance or help through PRRM
It is only the seller who pays the 1/4 of 1% of his gross sales to a settlement bank
What are the benefits or advantages of accessing and actually trading through b2bpricenow.com?
your company will have a representation in the new economy ( via the internet)
your company name and nature of business will be marketed
you can now post your buying or selling price wherein you can canvass and compare prices easily
you can be assured of the latest price changes that will provide you the latest market information. thus, generating new business leads
you can meet, negotiate, close a legal contract and pay online.
you can upload and download prices anytime and anywhere ( via landline , sms/ text and wap phones )
you can customize your information database to suit your products of interest
you can have access to expert opinions/ advises though the Ating Alamin corner
you can have access to the latest news of your trade association or cooperative
What are the possible risk involved?
Credibility Risk
Since the site is open to everyone to post and is free of charge, there is no way we can verify if the members posting are bogus. They can put fictitious companies or may have legal companies but put misleading prices. The members then , must exercise caution in dealing with other parties, particularly for the first time. To address this potential liability, the b2bpricenow.com site will post the requisite notice and disclaimer.
It goes with out saying, that like in the real world, buyers and sellers should first perform its due diligence with the other party prior to any trading.
