The CompareBay PortalSite is a comprehensive solution that consists of implementation, hosting and support services for online Business-to-Business and Business-to-Consumer comparison shopping. With this solution, companies can deploy their own branded sites very rapidly, sometimes in a matter of minutes. The scalable technology is hosted and maintained on CompareBay.com's servers, eliminating the need for you to utilize any engineering or IT resources to develop and maintain your own comparison shopping portal.

CompareBay PortalSite FAQ

Your comparison shopping portal comes complete with the following features:

Portal Operator Functionality

• Fully hosted solution
• Content management tools to input high quality, industry-specific content
• Support for multiple vertical industries in one portal
• Set custom commission rates on each transaction conducted through the portal
• Data sharing technologies provide access to a large database of products and suppliers immediately upon creation
• Customizable user interface allow for better brand recognition
• Powerful site configuration module that can customize all aspects of the portal
• Real-time reports on in-depth site traffic information
• Send customizable emails to community of buyers and sellers
• Technical support

Buyer Functionality

• Advanced parametric search capabilities
• Reverse auctions
• Direct price negotiation
• Purchase list to track specific products and prices
• Obtain e-mail alerts on price drops
• Powerful shopping cart provides centralized order placement and tracking mechanism
• Secure payment processing
• User submitted reviews on every product
• Multiple currencies and product conditions
• New product releases lists
• Top seller charts
• Browse by product brands
• View detailed volume discount pricing structures

Seller Functionality

• Category specification and customization
• Ability to sell non industry-standard, custom products
• Cross-selling technologies
• Inventory tracking
• Volume discount pricing
• Detailed reporting
• Advanced order management and tracking

Key Benefits of CompareBay PortalSite

Portal Operator Benefits

• Own and operate a privatelly-labelled, fully-functional comparison shopping portal at an extremely low cost. Similar shopping portals have been recently purchased for between $55M - $250M
• Create a significant new revenue stream through the operations of the portal
• Increase return traffic by improving user loyalty and site stickiness
• Build brand recognition and equity
• Diversify revenue stream through a combination of transaction and advertising revenue
• Minimize hosting costs by outsourcing all hosting services to CompareBay.com

Buyer Benefits

• Automation of the procurement cycle, which results in increased accuracy, reduced cycle times and lower costs
• Access to centralized business services
• An open architecture where all trading partners can participate
• Interoperable marketplaces and linked trading communities
• Single interface to all suppliers, which eliminates the need to wade through disparate supplier web sites
• Real-time immediate access to supplier information such as price, stock availability, and order status
• Economies of scale with centralized content and transaction management functions, eliminating the need for expensive customized point-to-point integration
• Easily choose among several purchasing alternatives by using advanced parametric search capabilities
• Provides access to vast supplier base. CompareBay PortalSite provides buying organizations access to supplier content from the myriad of suppliers already registered with the service. In addition, as new suppliers register, buying organizations automatically gain access to their supplier content as well
• Conduct strictly regional transactions by searching for a specific city or postal code
• Route orders securely and reliably
• Buying organizations receive order confirmations as well as transaction histories and full audit trails. All stages of the transaction process are protected by comprehensive error handling capabilities

Seller Benefits

• Increased revenue as a result of a new sales channel, more on-contract buying, and exposure and access to a large base of new customers
• Quickly liquidate excess inventory by participating in auctions and reverse auctions
• Automation of order entry processes, which results in reduced costs
• More accurate processes that result in lower inventory, less reworks, and fewer returns
• Aggregate and focus demand across all buyers
• Capability to publish a customized, single catalog for all buyers, rather than multiple buyer-specific catalogs
• Single, simplified integration to all buyers; no need for expensive custom point-to-point integration

Sign up for your comparison shopping portal today!