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ICSWAP – Revolutionizing the art and the science of buying and selling
Imagine the effort you will put to scout the entire electronics market to train your eyes on your favorite electronics product that you so much wanted to buy. ICSWAP is here to save all those efforts of yours by having a place where distributors and prospective buyers can discuss electronic components, and if everything suits fine to both the parties, the buyer could also buy the electronic parts or electronic components.
What is our principle of operations?
We work on the concept of the buyer having to minimize all his efforts to find the electronic parts of his choice. We believe that the rarest of the electronic parts would not be available in your neighborhood supermarket. We believe in the power of the global marketplace. Our insistent belief on all these three factors has led us to develop a methodology of reverse auction of products.
What is reverse auction of products?
In an auction, a product is displayed and potential buyers bid on the product with the winning bidder getting to buy the product. With us, you are the buyer of electronic components or electronic parts and the electronic components distributor being the bidders for your product. This empowers you to take two decisions – 1) The winning electronic parts distributor who meets your requirements, 2) How much money you would want to pay for the electronic parts?
This methodology of reverse auction gives you tremendous bargaining power for the electronic components of your choice. You need not go too far to get this done. Just visit the homepage of ICSWAP, http://www.icswap.com, get yourself registered as an electronic parts distributor or a buyer of electronic components and participate in our ‘reverse auctions’.
What can a buyer specify in these reverse auctions?
• Product Specifications – The buyer of the electronic components can mention the specification of the product that he wants to buy. This would ideally include the technical specifications of the product and the quantity of the product intended to be bought. Buyers could also mention the geographical location of the manufacturers who are eligible to sell the product to the buyer. For additional information, the buyer could also upload the image of the product that they want to buy.
• Cost of the product – Buyers could also mention the price range that they can pay for the product. Please note that if you are a buyer of electronic components, be very careful in mentioning the price. You wanting to pay an incredibly low price for the product would either mean good electronic components distributor shying away from selling their products to you or you getting duped by some electronic parts distributor selling inferior quality products.
Get started with the bidding
After you have all the initial specifications and text out of your way, use the homepage http://www.icswap.com to post your product/project for the distributors to bid on. Please feel free to attach a timeline for the bid to end, else you would end up having hundreds of electronic parts distributors bidding on the product that you have posted.
Once you have sufficient amount of bids meeting all your requirements, you could choose the bidder or the electronic parts distributor who would supply the product to you.
It is so simple and an effective way of buying a product. ICSWAP indeed has revolutionized the art and the science of buying and selling.
Auction your electronic component requirements, Distributors
will bid their lowest prices to compete for your purchase order
