Online Marketplace BuyerZone Reaches Record 3 Million Registered Buyers
BuyerZone's free Request for Quotes service has saved buyers 4 hours and reduced costs by 12% on each high-value business purchase
WALTHAM, MA (November 18, 2008) BuyerZone (www.BuyerZone.com), the leading online marketplace for business purchasing, announced today that its free Request for Quotes (RFQ) service has now been used by a record 3 million buyers. From a survey of recent buyers, BuyerZone has also learned that its RFQ service, on average, has saved buyers more than 4 hours in their vendor search and reduced their costs by 12% on each high-value purchase.
"It is a great honor to celebrate our 3 millionth registered user," said Mie-Yun Lee, President and Founder of BuyerZone, "Also gratifying is the fact that our Internet service is facilitating successful business transactions while saving buyers time and money, something that is especially critical in today's tough economic environment."
BuyerZone's free RFQ service streamlines the purchasing process by connecting active business buyers with a select number of leading local and national suppliers in more than 150 categories – from phone systems, copiers, and payroll services to construction equipment, security systems and modular buildings. Three million registered buyers, ranging from small businesses to Fortune 500 companies to public sector organizations, have used BuyerZone to request quotes for major business purchases. BuyerZone has also gleaned from buyer surveys that more than 90% of its buyers plan to return to www.BuyerZone.com for their upcoming needs.
"I'm very happy with my BuyerZone experience," BuyerZone user Lisa Johnson of Roberts Machine Shop, Inc. states. "I especially appreciate the reviews and feedback from other businesses that have used these vendors. I didn't have to spend time searching on the Internet for these suppliers - they came to me with their info and quote. Thank you, BuyerZone!"
BuyerZone Suppliers
The purchases made by the three million users of BuyerZone's RFQ service have resulted in more than $13 billion in purchasing transactions and 7 million sales leads delivered to suppliers in the BuyerZone Supplier Network. BuyerZone's Supplier Network comprises more than 8,000 suppliers, including such leading brands as ADT, Avaya, Paychex, Pitney Bowes, Sharp and Toyota.
"We've been a member of the BuyerZone Supplier Network for several years, receiving high quality, targeted sales leads," said Tracy Johnson, Director of Marketing for SurePayroll. "The BuyerZone program has been a consistent, successful lead generation partner, having perfected the pay-per-lead model. It continues to provide our organization with a reliable source of new business in the toughest of economic conditions."
About BuyerZone
Since 1992, BuyerZone (www.buyerzone.com) has helped millions of businesses save time and money on their most essential business purchases. With more than $13 billion in business purchasing transactions facilitated through its marketplace, BuyerZone's service attracts active buyers seeking purchasing guidance across more than 150 business product and service categories. BuyerZone's free Request for Quotes service uses a dynamic matching process to connect each buyer with the most appropriate providers within a comprehensive network of more than 8,000 leading local and national suppliers. BuyerZone is a division of Reed Business Information, North America's largest business-to-business information provider.
Press Contact
Melissa Howley, Director of Marketing
BuyerZone
781-734-8577
pr@buyerzone.com
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