SherpaOnline Signs with beenz.com
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SherpaOnline will pay beenz to its membership base to spend on business-related merchandise when the network launches later this month.
"This new alliance will allow SherpaOnline to market valuable beenz products to its users while having the ability to act as an incentive tool in SherpaOnline's quest to become a dominant market player," said Ryan McCann, chief executive officer of SherpaOnline.
beenz is an e-currency that can be used by Web sites to manage consumer behavior and customer relationships.
SherpaOnline will be launching an open-source virtual network of more than 20 business communities in more than 23 industries that will bring buyers and sellers together through auctions, requests for quotations (RFQs) and classified ads.
Earlier this month, SherpaOnline announced a partnership with auctions.com to provide its business-to-business Internet auction services.