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All Press Releases for May 5, 2008 Subscribe to this News Feed      
 

Introducing Engagement Commerce: Fididel Launches First Site with Real-Time Negotiation to Give Buyers More Control of the Online Shopping Experience

Sellers Benefits from Personal Sales Staff: Global Community of Trained ''Fididelers'' to Sell and Negotiate on Their Behalf

SAN JOSE, Calif. (Business Wire EON) May 5, 2008 -- Fididel, the first online marketplace based on real-time negotiation of sales, today introduced millions of buyers and sellers worldwide to a fun and interactive approach to ecommerce: engagement commerce. Fididel (www.fididel.com) fills a gap in the ecommerce market by moving the online buying experience from an auction or fixed price transaction to real-time negotiation, a universally accepted way to buy and sell products in any real-world marketplace.

Through a global community of Fididelers, we're offering a fun and addictive environment for people to buy and sell products, in addition to creating new opportunities for revenues and international commerce.
At launch, Fididel will have tens of thousands of products that cover such product categories as electronics, sporting goods, home and garden, etc. The number of sellers and products are expected to grow exponentially once awareness grows.

News Image Fididel combines the thrill of negotiation with the satisfaction of buying now. Based on a patent-pending technology platform that allows for real-time interaction between buyer and seller, Fididel brings ecommerce advantages to both parties while also creating a revenue stream for a new class of online sales associates.

Fididel Provides Buyers with Purchase Control and Immediate Satisfaction

  • Buyers can search for products theyre interested in and immediately begin negotiating on price.
  • Buyers can engage the seller or a Fidideler on any product, rather than wait for an auction to end.
  • Fididel eliminates the frustration or disappointment that accompanies a competitive bidding process.

Fididel Empowers Sellers with a Global Negotiation Team and Pricing Flexibility

  • Each seller has access to a global negotiation team on a 7 by 24 hour basis known as Fididelers who are trained to negotiate on behalf of a seller.
  • Sellers can adjust their pricing in real-time based on buying demand and inventory.
  • Sellers dont have to live with one shoe fits all. They can in real-time modify pricing to meet diverse market demands.

What is a Fidideler?

  • A Fidideler is someone who negotiates the purchase price on behalf of a seller, and receives a commission based on the price they secure for the product.
  • A person interested in negotiating on behalf of a seller must go through Fididel University. For more information about the Fidideler community, contact: fididelers@fididel.com.
  • A Fidideler may be located anywhere in the world. There are currently Fididelers in the USA, China, India, Vietnam, Europe and several other countries.

Fididel transforms ecommerce to engagement commerce through the ability to negotiate in real-time, addressing major disadvantages in todays ecommerce options, said Hal Wendel, Founder and CEO, Fididel. Through a global community of Fididelers, were offering a fun and addictive environment for people to buy and sell products, in addition to creating new opportunities for revenues and international commerce.

Fididel is currently funded by Quest Venture Partners LLC.

About Fididel

Fididel is revolutionizing ecommerce through the power of real-time negotiation, giving buyers and sellers the immediate satisfaction of negotiating the purchase price and closing the deal in real time. Its the first online marketplace that reflects the commerce and communication found in any street market worldwide the thrill of negotiation to secure the best deal. Fididel is headquartered in San Jose, CA. More information may be found at www.fididel.com.

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CONTACT INFORMATION

ZENO GROUP for Fididel
Nick Mendoza, 310-566-3984
nick.mendoza@zenogroup.com

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