BazaarE.com Forms New Strategic Partnerships; The Praetorian Group, and FromTo.com Benefit From BazaarE's co-branded Group Buying Solution.Business Editors/High Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 3, 2000 BazaarE.com, the premier Group Buying infrastructure platform that enables many-to-many transactions and builds commerce communities transparently across the web, today announced that it signed strategic alliances with several e-commerce companies including The Praetorian Group, a net market maker for the public safety sector, and FromTo.com, a shopping portal that links businesses and consumers with suppliers and the finest online establishments for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Under the terms of the deal, BazaarE.com will supply its patent pending co-branded group buying services to its Network Partners. "BazaarE welcomes our new Network Partners to the benefits of providing a Group Buying solution to their users," said Dr. Bala Veeramacheneni, President of BazaarE.com. "Our neutral B2B2C B2B2C Business to Business to Consumer platform provides new revenue streams and helps create stickiness, and is thus a valuable complement to the services offered by our network partners. Whether the user is a business or a consumer, the BazaarE platform promotes commerce communities, improves transaction efficiencies, and streamlines the purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements ." BazaarE's aggregation infrastructure provides content and commerce sites with a powerful group-buying platform and a large, liquid marketplace. The B2B2C Group Buying e-commerce solution allows businesses to purchase products easily and efficiently by promoting commerce communities, optimizing manufacturer volume discounts, reducing channel costs, sharing virtual information, and increasing productivity. "Our vertical hubs, which bring together individual professionals, decision makers and purchasing agents Noun 1. purchasing agent - an agent who purchases goods or services for another agent - a representative who acts on behalf of other persons or organizations in an information-rich community designed to drive purchasing, are significantly enhanced through seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with BazaarE's aggregated group buying platform," said Michael Carpenter, vice president of business development, The Praetorian Group. "Our users across Praetorian's vertical hubs, such as PoliceOne.com, will benefit from this alliance as they can receive major product and service discounts through BazaarE's Group Buying System." Daniel J. Franks, the President of FromTo.com said, "BazaarE's technology will allow FromTo.com to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems our web shoppers with the ability to join and create shopping groups in search of volume discounts. And our web community now has access to a larger networked marketplace than we could have created without BazaarE and its partnerships. I think the content and services provided by the BazaarE platform can result in a higher number of return visitors to our site as well as more recognition for FromTo.com." About BazaarE BazaarE.com, the pioneer in many-to-many electronic commerce, has introduced a new model of e-commerce through its online "Dynamic Cooperatives" technology and Group Buying Network. This new Aggregation Infrastructure model and B2B2C Group Buying solution optimizes the process of purchasing through distribution channels, and improves transaction efficiencies. The model promotes commerce communities, helps optimize optimize - optimisation manufacturer volume discounts, reduces channel costs, increases productivity, and allows the sharing of virtual information. Businesses will be able to immediately reduce their costs by directly ordering products using BazaarE.com's sophisticated one stop Group Buying Network. The system also helps businesses track product purchase information, the current dynamic price point, the number of customers, and the customer's costs and savings transparently across the web. BazaarE.com's parent company, EcomData Inc., is privately funded and has offices in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . About The Praetorian Group, Inc. The Praetorian Group creates and operates leading vertical hubs and communities in the highly fragmented public safety industry, providing Internet-based services that enable e-commerce and information sharing See data conferencing. to streamline inefficient business processes. Its virtual, vertical marketplaces bring together individual professionals, decision makers, purchasing agents and suppliers in an information-rich environment, creating tremendous value on both the customer and manufacturer side and efficient solutions for the purchase and distribution of goods and services. Praetorian's e-commerce solution streamlines department purchasing, lowers operational costs, simplifies complex processes and rationalizes industry supply chains. Visit the site at http://www.praetoriangroup.com. For more information, contact Vishy Ganti at (408) 269-1670, vishy@BazaarE.com. Visit our web site at http://www.bazaare.com. For inquiries about the Praetorian Group, contact Vita Shannon at (415) 343-3807, vita.Shannon@praetoriangroup.com. For information about FromTo.com, please contact Daniel Franks Daniel Frank was an American athlete who competed mainly in the Long Jump. He competed for the United States in the 1904 Summer Olympics held in St Louis, United States in the Long Jump where he won the silver medal. at (619) 602-5072, dan@fromto.com. Note to Editors: BazaarE is a trademark of EcomData Inc. All other trademarks, and company and product names are the property of their respective owners. |
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