What does it cost?
Set up Fee: A once off set-up fee is charged to suppliers when they are first set up on
Marketboomer. This fee will be specified in the 'Supplier Nomination Letter' that your customer
sent to you.
Purchasers determine the mechanism used to charge Supplier's for participation in their
Market, two options exist:
Option one – Supplier Merchant Fee: 2.5% of the value of the combined Purchase Orders from
customers processed through Marketboomer less Tax (i.e. VAT).
Marketboomer charges Supplier Usage Fees for any order sent to Supplier from any Customer
approved by Supplier from any marketplace employing the 2.5% Merchant Fee model.
The Merchant Fee covers the cost of accessing ActiveSupplier and the cost of transmitting
Purchase Orders to Suppliers electronically.
Option two – Shared Merchant Fee: Where the Purchaser specifies what proportion of the above
Merchant Fee will be charged to Supplier. Purchasers who apply a Shared Merchant Fee will
specify in writing what the Suppliers fee is to the supplier.
Note: Suppliers will only incur Merchant Fees for the receipt of Purchase Orders from
customers they have approved to trade with them via the system in advance.
Will my relationship with my Customer change?
No. You will still maintain a direct commercial relationship with your Customer. Marketboomer
simply helps improve their internal processes in relation to placing orders with you. Marketboomer
automates many of the tasks that they would previously have had to do manually (like entering
your product codes, standing at a fax machine etc). As such, it is no more than a business tool,
just like a fax machine.
Purchase Orders generated by Marketboomer enabled purchasers are sent directly and
instantly (via Marketboomer's online supplier solution, ActiveSupplier) from purchasers to
their suppliers.
Suppliers can receive Purchase Orders in whatever format they prefer (Fax, E-mail, Self
Collect or via one of a range of electronic formats).
If I don’t have a computer or Internet access can I still participate?
Yes. Marketboomer can support you by loading your catalogue on their systems and sending
Purchase Orders to you by Fax. You should contact Marketboomer soon as possible to get your
catalogue online.
Who can participate with Purchasers through Marketboomer?
Purchasers nominate the preferred suppliers they wish to trade with through their Marketboomer
application ActivePurchaser. The implementation of Marketboomer within the purchasers business
will ensure that their businesses become more compliant to deals negotiated with preferred
suppliers and that they conduct their purchasing online via Marketboomer.
As a supplier, is my catalogue information and pricing confidential?
Yes. Your pricing and commercial information is completely private, you can’t see any pricing or
turnover information from other suppliers and they can’t see yours. Only those businesses that you
choose to provide pricing information to can see your catalogue. You can manage different pricing
structures for different customers.
Who is Marketboomer?
Marketboomer delivers solutions that enable businesses of all sizes to trade with each other over
the Internet. Suppliers who join Marketboomer’s Shared Supplier Base also have the choice to
trade with purchasers in other Marketboomer enabled marketplaces.
How do I get started?
- Complete and fax the following forms to back to Marketboomer (click here for fax numbers):
a) Your Marketboomer Supplier Agreement
b) Your Supplier Nomination Form if you have been sent one
- Visit your customers Supplier Information Web Site and submit your catalogue and pricing
- Get training on the ActiveSupplier system
- Start receiving your Purchase Orders online!