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The Reverse Auction application is the primary focus of
Tech-Net.com, supplemented by a complete line of fee based Third Party Services,
Virtual RFP, industry content, online buying guides, RFP template builders,
Vendor rating services, and Virtual Sales Presentations - all to assist both Buyer and
Sellers.
Reverse Auction
1. Buyer Submits Quote - The Quote Request form is where the buyer provides
vendors with detailed information to obtain an accurate quote.
If the buyer needs to learn more about the products/services he/she is requesting,
our online Buying Guides, Bid Service Consultants and Virtual Sales Presentations can help.
2. Buyer Receives Custom Quotes Fast – Qualified vendors quickly respond with quotes custom tailored to the buyer’s specific request.
3. Open Bidding Insures the Most Competitive Solution – Vendors can view quotes submitted by competing vendors (but not their identity). They can observe where buyers are in the process, and find out which quotes buyers liked or disliked. This enables vendors to make a more compelling and more valuable offer.
4. Buyer Compares Quotes and Contacts Vendors – The buyer can use the Bid Analyzer tool to easily compare quotes by viewing the details in a side-by-side format, and then contact the vendors of his/her choice off-line. The buyer’s identity will remain strictly confidential until he/she chooses to have the seller contact him/her.
Services Offered Through the Reverse Auction – Telecommunications, Broadband Internet Services, Bandwidth and Data Services, Wireless, Web Services, IT, Data and Voice Consultants, Equipment Services, Telemarketing Services.
Account Management Services
MyTech-Net.com account - An individualized service which provides users with a first to market single source account management tool to monitor circuits and vendor accounts and contacts, administer an online billing interface with participating vendors, and secure unified billing services, service contract monitoring with expiration alerts and online trouble ticket management services.
Virtual Sales Presentations
VSP – A complete selection of streaming media Virtual Sales Presentations as a premier source for Buyers to view participating vendors’ products and service offerings. Vendors are charged a fee for posting Virtual Sales Presentations.
Third Party Fee Based Services
Third Party Fee – An array of third-party products and services (e.g. fee based consultation, equipment repair, technical services, and trouble ticket management and tracking).
Membership Terms
Registration - Both Buyers and Sellers are required to complete a detailed registration form prior to being approved as members of Tech-Net.com. Sellers are also required to submit a company profile outlining Seller information including location, services offered and number of years in business.
Rating System - A rating system is provided to both Buyers and Sellers to rate one another upon completion of transactions. A minimum performance rating is required to maintain membership.
Accountability - Tech-Net monitors the web site 24/7 to prevent fraudulent activities, such as:
- Buyers placing bids for services/products they do not intend to buy
- Sellers offering services which cannot be executed
- Responses to bids or offers where a solution is unachievable
- Openings of negotiations and ‘disappearance’ of the parties involved
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