Online Marketplaces & Auctions
Online marketplaces and auction websites are fast replacing the conventional experience by offering an accessible and low cost way to trade and bid on a vast range of products. Irrespective of your business vertical these provide you with a unique community – a place where buyers and sellers have a central marketplace to transact business.
Online marketplaces and auction sites provide great opportunities for suppliers and buyers to establish new partnerships, both within their supply chain and across different supply chains. These provide greater transparency in the purchasing process as the availability, prices and stock levels are all accessible in an open environment. The problem of buyers and sellers being in different time zones is also addressed by round-the-clock operations.
We create online marketplaces embedded with powerful tools for the merchants to effectively showcase their products, connect them to potential customers and integrate with delivery mechanisms, billing & accounting systems and payment gateways. Michigan Data marketplace solutions help businesses lower the administrative and processing costs of bidding, tendering and procurement.