Friday, October 10th, 2003
Merchants Bay selects PartnerAlliances to represent the transaction and transfer of the firms patent pending e-Business Price Negotiation Engine. Under the agreement PartnerAlliances will foster relationships with target clients, showcase the intellectual property, and facilitate the IP Licensing or licensing arrangement between Merchants Bay and the acquiring firm.
The Merchants Bay enterprise application provides a disruptive solution for an inefficient and fragmented business practice. Through a unique integration of the system and streaming media, B2B buyers can watch current and "real" product information, negotiate prices instantaneously based on quantity and easily place orders. For sellers, the system provides an interesting and differentiated sales platform. The solution frees up company resources, allowing focus on higher margin customers that may need more salesmanship. Unmatched by competitors, the Merchants Bay dynamic commerce solution integrates buyer and seller expectations for convenience, flexible pricing and speed.
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