Companies Find Match Through VendorSeek.com
Wednesday, July 26, 2006
What if there were one place where you could find everything you need for your company under one roof -- almost like a mall for businesses.
One South Jersey company has set up a virtual marketplace to fulfill business needs -- from payroll to Web design.
Vendorseek.com is a business-to-business Web site that connects businesses to the services they need. Whether a mom-and-pop needs an outside company to create its Web site, or a large company is seeking a smaller one to help screen applicants, the Mount Laurel-based site has 3,500 registered vendors to help.
Created by Ken Wisnefski in 2004, then a regional sales manager, Vendorseek was created after he worked on a project and needed to outsource different parts of the task.
"We needed background screeners and it was such a labor-intensive process to find the company to do that," Wisnefski, 34, said. "We knew this would be a decently sized deal."
Wisnefski, a Galloway resident, and a team of people attempted to do the work themselves and found it wasn't worth their time in the end. He knew there was a need for a service that can pair businesses up while weeding out the disreputable companies.
"Vendorseek is a time-saver," said Wisnefski, who is now working full time for his start-up. "The ability to find prequalified companies to work with quickly is valuable."
How it works:
Vendors who want to be listed with the site are screened and placed on probation for 30 days. Vendorseek looks at their references, reviews customer feedback and weeds out vendors who are not legitimate.
"We do credit checks to prevent fraud and check business directories like the Better Business Bureau," he said. "We have had to remove vendors for being too aggressive with customers."
Vendors pay a $99 annual fee and then are charged $10 to $40 per request received, depending on the size of the deal.
Companies seeking vendors fill out a search form stating what they're looking for. The Web site scours the database and alerts the vendors. Then, the vendors respond to the company directly, usually within hours. Companies that use the Web site are not charged a fee.
Vendorseek has expanded to 50,000 registered users, mostly from the U.S., and is looking to expand its categories of services, which now number more than 100.
"A lot of the companies we work with don't have a super-large sales team," he said. "Now many of them are just working off the requests coming from the site."
* * *
About Vendorseek.com
VendorSeek.com, based in Mount Laurel, NJ, is the leading online business-to-business marketplace, offering quoting services in more than 150 business service categories. The company processes more than 5,000 requests per month from businesses that are seeking to receive competitive price quotes from its Approved Vendor Network. A vital resource for companies, VendorSeek.com was launched in the Fall of 2002, and since that time has helped thousands of businesses find the right outsourced partners who offer the best balance of quality and cost effectiveness.
One South Jersey company has set up a virtual marketplace to fulfill business needs -- from payroll to Web design.
Vendorseek.com is a business-to-business Web site that connects businesses to the services they need. Whether a mom-and-pop needs an outside company to create its Web site, or a large company is seeking a smaller one to help screen applicants, the Mount Laurel-based site has 3,500 registered vendors to help.
Created by Ken Wisnefski in 2004, then a regional sales manager, Vendorseek was created after he worked on a project and needed to outsource different parts of the task.
"We needed background screeners and it was such a labor-intensive process to find the company to do that," Wisnefski, 34, said. "We knew this would be a decently sized deal."
Wisnefski, a Galloway resident, and a team of people attempted to do the work themselves and found it wasn't worth their time in the end. He knew there was a need for a service that can pair businesses up while weeding out the disreputable companies.
"Vendorseek is a time-saver," said Wisnefski, who is now working full time for his start-up. "The ability to find prequalified companies to work with quickly is valuable."
How it works:
Vendors who want to be listed with the site are screened and placed on probation for 30 days. Vendorseek looks at their references, reviews customer feedback and weeds out vendors who are not legitimate.
"We do credit checks to prevent fraud and check business directories like the Better Business Bureau," he said. "We have had to remove vendors for being too aggressive with customers."
Vendors pay a $99 annual fee and then are charged $10 to $40 per request received, depending on the size of the deal.
Companies seeking vendors fill out a search form stating what they're looking for. The Web site scours the database and alerts the vendors. Then, the vendors respond to the company directly, usually within hours. Companies that use the Web site are not charged a fee.
Vendorseek has expanded to 50,000 registered users, mostly from the U.S., and is looking to expand its categories of services, which now number more than 100.
"A lot of the companies we work with don't have a super-large sales team," he said. "Now many of them are just working off the requests coming from the site."
* * *
About Vendorseek.com
VendorSeek.com, based in Mount Laurel, NJ, is the leading online business-to-business marketplace, offering quoting services in more than 150 business service categories. The company processes more than 5,000 requests per month from businesses that are seeking to receive competitive price quotes from its Approved Vendor Network. A vital resource for companies, VendorSeek.com was launched in the Fall of 2002, and since that time has helped thousands of businesses find the right outsourced partners who offer the best balance of quality and cost effectiveness.
