MerchantsBay® LLC is the first company to develop new dynamic buying models that integrate real time, immediate outcome price negotiation functionality with streaming media. Our proprietary, patent-pending technology make product sourcing and purchasing more efficient. MerchantsBay's method and system is very easy to use, completely scalable and internationally portable. It allows transactions to be personal and visual while dramtically reducing the cost of business for buyers and sellers.
Based on three years of research, our interactive system has been beta tested and successfully launched.
The first commercial application of our technology is right here at the MerchantsBay® Marketplace - the first online marketplace enabling one-to-one, volume dependent price negotiations between buyers and sellers. With our system, buyers can view informative product videos, negotiate prices and place orders all in one convenient interface. Sellers have a unique platform to market their products and services.
The use of MerchantsBay® Negotiation Solutions by the target markets will significantly shorten sales cycles, improve close rates and free up company resources. Our system is simple to maintain, fully scalable, multidimensional and internationally portable. It can be applied simultaneously in both B2B and B2C environments and can be used for any product, service or commodity.
According to many experts, negotiation functionality is the missing link in the online dynamic pricing continuum. After static (fixed) and auction pricing, negotiation will be the next “big thing” in online business transactions.