Bidding websites

[Jcip]

Has any one here ever signed up at MFG.com, I was thinking about drumming up new business, I heard some negative talk about it, thought I get some input from buyers & suppliers. that may also use this forum
Any input would be helpful
Jim C

[doughtybrian]

BEEN THERE,DONE THAT,THEY SUCK!

[Matt@RFR]

Jim, there is a search button for a reason, please use it. There are several threads about this very same subject.

[Jcip]

Thanks The Google one works well the CNC one does not, I got all the info I need about my question

Thanks

Jim C

[ContractAuction]

Originally Posted by Jcip Has any one here ever signed up at MFG.com, I was thinking about drumming up new business, I heard some negative talk about it, thought I get some input from buyers & suppliers. that may also use this forum Any input would be helpful Jim C

www.contractauction.com is a similar site with no subscription fees, free to post, free to bid.

[Dualkit]

Originally Posted by ContractAuction www.contractauction.com is a similar site with no subscription fees, free to post, free to bid.

Ok, take this space to sell yourself. How much does it really cost, what are the fees? You have to make money some how, you aren't doing this because you are a nice guy.

[Cartel, LLC]

considering the fact that there are a total of 7 rfq's on your site... why wouldnt it be free???

Originally Posted by ContractAuction www.contractauction.com is a similar site with no subscription fees, free to post, free to bid.

[zamquest]

Originally Posted by ContractAuction www.contractauction.com is a similar site with no subscription fees, free to post, free to bid.

from the terms on site...


Subscriptions
To use the services of this Site, you must subscribe to this Site. This site has different types of subscriptions including free and paid. You can know more about the types of subscription by visiting the subscription page. Your membership type determines your use of this Site's various services.


Termination
If you fail to pay the subscription fees on the billing cycle due date, we will automatically cancel your subscription. We reserve the right to cancel your subscription if

1. We reasonably believe that you have violated or acted inconsistently with the letter or spirit of this Terms of Service, or violated our rights or those of another user.
2. We are required by law to do so.

[Dualkit]

So where is the subscription page? I have dabbled in a few sites that charged a small fee per each job bid. They yielded nothing, but I didn't spend much, it was like $5 to bid on this job $7 to bid on this job etc,etc. Those sites are now gone. I think sites that allow you to just spend a little to try them out are the only ones with a hope of succeeding. I still don't understand how MFGQuote stays alive, there is bad press about them all over the internet. The contract auction guy isn't looking too good either, as he has a live thread and isn't responding. He has made 3 identical posts and not responded to any questions, probably an ex MFGQuote, First Index or Source Authority employee trying to use the same business model to scam people.

[ContractAuction]

Thank you for all the questions and giving the website a look, I would be skeptical as well if a site were offering for free what others feel the need to charge hundreds or even thousands for every year.

Registration can be found on the homepage, simply sign up as a job poster or job bidder depending on what you plan on doing, you can create a company profile once registered, and begin bidding, and posting jobs for free.

Contract Auction offers access to all the necessary site features with the free subscriptions.

Contract Auction was born out of frustration from the lack of a good solution for purchasers and manufacturers to get connected without fees.

[Matthew Brown]

I run a site called www.qualifiedvendor.com. In response to the threads above, we are similar to mfgquote, but we restrict access to 5 suppliers. Mfgquote has cannibalized thier brand by overselling subscriptions to pools of RFQs. I get calls from past customers who told me they would routinely bid with 50-70 other suppliers. At that point it effectively becomes a reverse auction. Also, as a former mechanical design engineer, I never needed more than 5 quotes. Mfgquote has found a loyal following though with overseas suppliers who have little or no access to domestic RFQs, but they have all but destroyed their brand domestically. When you google them, the third or fourth link is from a supplier putting together a class action law suit. That's poor brand management.

QV intends to balance the equation between buyers and suppliers. Our value added to buyers comes in the form of RFQ management tools (under development) and to suppliers - buyer discovery either by pay-per-lead (3%) or performance-based six-month subscription (1%).

We're just getting started so RFQ volume is low, but it will pick up.

[Dualkit]

Matthew, I bet you wouldn't think you stumble upon someone who has tried your site on here, did you? I have to give you a vote of no confidence. I bid 2 jobs and a friend bid one. We both received zero feedback on our bids, and some minor questions. If the end customer only took 5 bids, I would think they would have time to respond to questions.