Also available is ScrapSite, where ferrous and nonferrous scrap is sold. And finally, MetalSpectrum offers a number of marketplace functions, such as catalog, buyer and seller auctions, negotiations and resources. An e-commerce site offers both flexibility and security. Buyers and sellers control who sees their information and when. Risks are minimal, said Maggie Bray, MetalSite's manager, public relations.
Buyers use the site at no charge and sellers pay nothing until a product is sold.
Users can access their information whenever it is convenient for them. The question may linger as to which online site is right for a company. Besides researching, companies should pick the one that best suits their needs, said Sigler. We want companies to pick the right long-term winner, so we work to educate them on their early fears. That means that companies must figure out where e-commerce fits into their overall strategy.