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The Opertunity and Chllange

Essay by   •  March 23, 2013  •  Essay  •  433 Words (2 Pages)  •  1,070 Views

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THE OPERTUNITY AND CHLLANGE

World of online trading has become the default for a lot of users. Some use price comparison sites to bargain with the shops on price, and some just do market survey online and make a purchase. Various models allow purchase products online - whether through normal purchase, auction or purchasing group (through dedicated sites or sites coupons).

The problem is that regular buying usually more expensive, while the auction buyer had to compete with other buyers on the best offer. In the case of group buying has some problems, since the completion of the transaction dependent on others.

No more bidding against people, relying on groups, or scouring the internet for coupons to get good deals, and best of all, no more accepting outlandishly high prices. It's all in your hands now. Power to the people!

THE SOLUTION

Our solution is to offer an alternative, unique, way for purchasing products through a platform and create negotiations between consumers and sellers in the form of opening of reversed auctions, rewarding sides shared for long-term commitment.

The idea is to give the power to the consumer, so that it determines the final price. Meaning after the consumer value and price comparison service was particular that he wants it, he can use the platform to offer the maximum price to pay. That's where it all begins. . .

This is the first time that a consumer can buy a product at an affordable price without competing with others as in the case of an auction or use friends as in the case of the Group buy. Both of these problems online sales in the world today are the platform strength providing it the power to help achieve better offers, even if you feel not so pleasant to negotiate frontal or you just don't have the time required.

MISSION

Become leading platform for social reverse auctions and successfully implementing our alternative solution for online purchases. We truly believe Transaction Spot can change the way we purchase today goods (also services)

3 BUSINESS MODEL

Affiliate Programs Strategy: Transaction Spot primary mission is to enlarge conversion ratio. Based on the platform reverse auction strategy

Based on the fact that Transaction Sport is capital efficient

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