MerqNet – Smart Reverse Marketplace – Buyers post needs, sellers submit competitive bids

Summary: MerqNet is a reverse marketplace where buyers post their requirements and sellers submit competing offers. Buyers evaluate bids based on price, location, reputation, and delivery terms, maintaining control over the selection process.

What it does

Buyers post what they need, and sellers respond with tailored offers. This reverses traditional marketplaces by having sellers compete for buyers instead of buyers searching listings.

Who it's for

It is designed for buyers seeking competitive offers without extensive searching and for sellers aiming to win business by bidding.

Why it matters

It addresses the inefficiency of traditional marketplaces by giving buyers leverage and control over purchasing decisions.