Interview with Founder - AnyPrice.Net

1. Please brief about your venture - AnyPrice.net & the team involved?

AnyPrice.net is the platform for Sellers and Buyers to trade their stuff, anything from machinery to household items. Unlike auction or bidding sites, here a Seller can trade his item to numerous Buyers very similar to one to one trading. The other advantage of the Portal is that the Buyer and Seller deal directly with each other and have option to ’Inspect Items on Sale’, making the dealing transparent. The portal has various trading options like,

1. B2B - Trade between Businesses for Bulk, High Value or Industry Items.
2. B2C - Trade between Business and Consumer offering discounts and deals to Consumers.
3. C2C - Trade between Consumers to retail used stuff.
4. C2B - Trade between Consumer and Business for buy back or exchange offer.

We are a group of professionals with varied experience, from technology to sales. We got together and formed the company FirstLeap eCommerce Pvt. Ltd., with the objective of offering innovative services that would touch 400 million young people of India. AnyPrice.net is the first of our attempts and very soon we would be launching some more portals that would provide platform for young people to express and entertain.

2. How do you differentiate it from any eBay or other internet shopping portals?

We are very different from Bidding or Auction Portals. At these portals there is only one winner and at times there is no response to an Offer.

At AnyPrice.net, it is different, the Seller can interact with every prospective Buyer and negotiate an individual deal. To give you an example, if a Seller puts up 10 T-Shirts for sale and 5 Buyers respond, he can Sell to each of these Buyers different quantity at different price. It is left to his negotiation skill to close the deal, it is very similar to one to one transacting.

3. How has the response been to your platform?

Response to our portal has been very good, we have many Business and Consumers registering at the site and listing Items for sale. Because of the portal appeal, we have items like Machinery, Garments, Consumer Goods, Personal Items, Household Items etc., offered for Sale.

4. How do you manage the logistics, i mean once the goods are traded how do you track the delivery?

The portal only facilitates the Buyers and Sellers to meet and interact. The transaction and exchange of items after sale is transparent and would be dealt between them. However, we keep monitoring the quality and reliability of the Sellers to ensure that their dealing are fair and they keep their commitments.

5. Lastly, how do you see it growing and where do you see the same a few years down the line?

The portal is getting very good response with Consumer and Business registrations, and listing of Items for Sale. An interesting thing we noticed is that the portal is becoming a good platform to trade in Rejects, Seconds and Used Items with overwhelming response from SME and Manufacturing Companies. We are working on improving the visibility for the portal in this segment. In a year time we will see the transaction volume increase and we would start generating revenues through fixed membership fee, which is free now.

To know more hit http://www.anyprice.net/

All those who have any questions related to AnyPrice.Net, their model etc. pls. feel free to mail me the same on istartups@gmail.com and i will help you get the response to them.

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