In addition, subscribers receive personalized monthly performance reports with details including the number of RFQs received, the number of bids responded to and the average cost, based on their subscription fee, of RFQs received or bids submitted. Vendors that choose a free listing can still be found by any PrintBid buyer who uses the site's detailed search engine, but are contacted by their prospective buyers offline, through traditional methods. The six-month introductory special will be available to new subscribers until November 15, 2000. With the new intelligent matching system, we are getting referrals for print jobs that fit our specific capabilities without having to spend as much time making sales calls. Buyers love it.
Printers love it.
Buying and selling print using this model is simple and efficient. Print vendors are turning to PrintBid's project management tools to identify, establish and cultivate new and existing buyer-vendor relationships, translating into early adoption of the new subscription service. It allows us to expand relationships with current clients while locating new opportunities that really fit our area of specialty. The company's streamlined project and RFQ management processes allow print buyers to quickly obtain detailed quotes from qualified printers, and offers vendors the ability to identify and respond to jobs that fit their capabilities and expertise. With 81 patents pending, the company's advanced technology reduces costs related to procuring branded communications materials.