RealTime IT News

Newmediary.com Launches into Business Market Space

Newmediary.com Inc. launched an eponymous Web site designed to be an online marketplace dedicated to Internet-related business services from site design, hosting and e-commerce providers to Web-savvy law firms, PR agencies and consultants.

Newmediary.com said it will seek to provide the tools and market intelligence required by buyers and vendors of Internet business services to enter informed business partnerships. The company said it will offer an RFP center and an extensive vendor directory, as well as value-added content. The company's RFP and vendor directory also can be accessed on the Web sites of its strategic partners, including IDG, Fast Company magazine, Intranets.com and CEOExpress.

Content partnerships with companies including Open Ratings and IDG enhance the site with market intelligence, buyer and vendor ratings, customized buyers' guides, and industry analyst reports.

"The New Economy is so dynamic and fragmented that corporate buyers literally have no idea who the service providers are who can solve their problems," said founder Scott Cohen the company's president and former Boston.com pioneer. "It's not a coincidence that 85 percent of the deals off-line are done through personal references. As a result, we've focused on building an efficient marketplace where buyers can make informed decisions based on clients, references, portfolio samples and useful comparison tools."

Access to the Newmediary site and RFP service is free to buyers. Vendors also have free access to the Newmediary.com site and a basic vendor profile.

Vendors must purchase one of Newmediary.com's vendor directory packages in order to respond to buyer-posted RFPs and add extensive information to their company profiles.