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| ClassifiedBuyers.com which is a revolutionary
online marketplace that is a patented and versatile application
is scheduled to be launched mid- 2004 and is expected to be
a phenomenal success. The concept is novel and is not currently
employed by any e-marketplace or auction site on Internet today.
It solves one of the biggest problems plaguing e-marketplaces
on internet for a long time now. |
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| Buyer and sellers post their wants and ads
and interact with each other by making offers, buying, shipping,
verifying quality and finally claiming payment. |
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| It is the only marketplace on the Web where
every dollar of every transaction can be escrowed at no additional
cost to the buyer or the seller. |
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| Unlike popular e-marketplaces, Sellers and
buyers pay nothing to place their ads. There is no room for
fraud as sellers don’t get paid until buyers express satisfaction.
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| ClassifiedBuyers includes advanced features
such as shipment tracking using most popular carriers such as
FedEx, eCommerce features including credit card charges, wire
transfers using ACH, powerful searches for buyer/sellers, regular
notifications and reminders to buyers/sellers on various events
and to inform them that it is their turn to act, features for
stores to sell items, many levels of featuring items, bulk upload
features, support for various billing rules. It offers several
powerful features for buyers/sellers including setting alerts
on ads being posted, setting their preferences on their email
notifications, specifying expiry for every offer they make or
accept, etc., |
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| ClassifiedBuyers has been efficiently designed
for scalability and security. It uses an n-tier model with SQLServer
(SQL2000) in the back end. Middle tier uses Microsoft technology
- ASP/JavaScript, Visual Basic, COM+, MTS. All business logic
is handled by SQL Stored Procedures and the COM objects. Development
Environment used Microsoft Visual InterDev. |
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| Plans are in place to migrate the application
to Microsoft .NET framework, shortly after release. |
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