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Vendor
Sign-up FAQ
- How
much does it cost to join SuperQUOTE™?
- What
is a Transaction Fee and what's the maximum?
- Why
do I have to pay a transaction fee?
- How
do I sign up?
- Can
I cancel my membership at anytime?
- Will
I get a refund if a request is cancelled by the buyer?
- Do I need a credit card?
- What
if I don't want to use a credit card?
- How
do I pay?
- Is
my information secure?
- What
are the benefits of SuperQUOTE™?
How much does it
cost to join SuperQUOTE™?
There
is no cost to join and only 1/2% if you are awarded (see
below).
What is a
Transaction Fee and what's the maximum?
If
you obtained an order as a result of utilizing CommercePoint's
services, you will be charged a 1/2% (one half of one
percent) Transaction Fee.
Transaction fee is based on the Total Price quote including
all misc. charges, freight and taxes or Total value of the
Request, whichever is greater. The Transaction Fee is
capped at a maximum of $2500.00.
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Transaction
Fee
Maximum Cap
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0.5%
$2500.00
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Example
1: a winning
quote with a Total Price of $1,000.00 will be charged
$5.00 (1,000.00 x 0.005)
Example
2: winning quote with a Total Price of $1 Million dollars will
be charged $2500.00 (Maximum capped fee)
Example
3: winning quote on a 5 years copier lease @ $500
per month will be charged $150 ($500 x 60 months x
0.005= $150.00)
Why do I have
to pay a transaction fee?
As more public institutions around the country
start to implement Electronic Commerce systems, many are
turning to a "self-funding" model such as SuperQUOTE(TM).
This financial model does not require up-front
taxpayer investment in the hardware, software
or support services to establish the Electronic
Marketplace. As a vendor/operator, CommercePoint assumes
all risk for the success of the marketplace.
Participating vendors are charged a small fee
on the actual sales they make through the Electronic Marketplace to recover
the cost of establishing and operating the underlying system.
Since our buying groups uses this system for
most of its purchases of goods and services, it is a
small cost to you for being in a system that automatically informs you of
new opportunities. This model has also been
adopted in these states, for example - Fee comparison with
others:
* Florida @ 1% fee with no
cap
* Virginia @ 1% fee with no cap
+ membership fee
*
Hawaii @ 0.75% fee capped at $5,000.00
* CommercePoint @ 0.50% fee capped at
$2500.00
How do I sign
up?
To
sign up, click at "Vendors Click Here to Sign Up" link
on the bottom of this screen. For assistance, email
(support@commercepoint.com) or call us at (808)956-5934.
Can I cancel
my membership at any time?
Yes.
You may choose to close your account and end your use of
service at any time, e.g. If
you have closed your company and want your company's name
removed from the directory, simply send an email to:
support@commercepoint.com to cancel.
Will
I get a refund if a request is cancelled by the buyer?
Yes.
We will refund or credit the Transaction Fee if buyer
cancels a request after it has been awarded. (See
What is a Transaction Fee?)
Do I need to
use a credit card?
No,
credit card is optional. If you don't want to use a
credit card - enter control number 8496822 in the credit
card field. You can use any name, address, expiration date and proceed with registration.
What if I
don't want to use a credit card?
When asked for a credit card number, enter our control number
8496822.
You can use any name, address, expiration date and proceed with registration.
How do I
pay?
Simply
forward over a check to the address in the billing email.
Credit
Card:
You can charge the invoice to your credit card, we can arange to take your card
number offline over the phone.
Is my
information secure?
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Yes,
Secure Sockets
Layer (SSL) based technology authenticates postings and
awards so unauthorized users are kept out and price quotes
and private information such as credit cards are
protected. For more information, go to http://en.wikipedia.org/wiki/Secure_Sockets_Layer
What are the
benefits of SuperQUOTE™?
- Save time and money: no
more faxing price quotes, no more calling to see if your
quote has been selected. Complete history of your
quotes online and with auto email notification, you will
receive only qualified leads
- Online submissions
means more accurate quote calculation and better
communications with the buyers
- Extend sales reach
while lowering cost:
Vendors can reach new buyers without the
traditional high cost of sales and marketing
- More exposure with free
listing: Electronic
Directory with search engine creates opportunities for
vendors large and small to list their company's products
and services for the buyers
- Develop stronger
customer relationships:
Faster response to buyer's questions and constant
submittals enhances buyer's awareness of your company and
capabilities
- Web based: No new
hardware or software is required to access the service,
all you need is Internet access
- 24/7 Access:
You can look up requests, work on your quotes, etc., 24
hours a day, 7 days a week, anywhere where Internet
access is available
- Secured:
Secured
Socket Layer (SSL) and encryption technology ensures
that your quotations and credit card information are
protected
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