Released on = April 12, 2006, 10:37 am

Press Release Author = Gennadi Elizarov

Industry =

Press Release Summary = A small Washington, DC startup has big plans and a tall
order to fill. Not that their idea is new to anyone. A few have tried before and a
handful remain. The founders of Buildbuy.com know that they face a long and
difficult road ahead.

Press Release Body = They plan on taking up it to the next level by making it easier
to buy building materials online by giving the buyer the option of choosing from
multiple suppliers. In 2002 the news was filled with hope from similar startups
claiming to take the trade of building materials online.Buildbuy.com is betting on
timing and the founders are sure the time has come. The time is now.
The idea of Buildbuy.com sprung from one conversation about what was the best deal
out there as far as materials for building. A home contractor, a network engineer,
an ex lobbyist and a computer programmer had one thing in common. They wondered why
building materials were so elusive on
the Internet. Only a handful of sites came to mind and yet there was not one that
offered a one stop
shop for a variety of products. In renovations you look for drywall, tile, hardware,
doors, windows
and the list goes on, all at the same time. But to do this online at one site is
impossible. So the
founders set out to create Buildbuy.com.
\"I wanted to build a site that would allow me to search for a product, view multiple
suppliers, compare and buy online. To compare is the key here. I want to look at
A,B,C and D before I spend my dollar. The way it works now is I see A and I most
likely buy A.\" says Shy Nair the 37 seven year old
co founder. She operates a home renovation business based in Washington, DC and says
that the time wasted driving around looking for materials takes up much of her busy
day. Buildbuy.com is going to let a buyer compare product offerings from several
suppliers. Prices, terms, specifications, delivery options and availability will all
be openly listed so the buyer can make the most informed decision. The site will
combine an on going auction and a searchable product listings forum. The auction
will provide suppliers with a tool to rapidly move inventory and the product
listings will let them compete on an even playing field.
As Buildbuy.com is building they have continued to talk to the industry suppliers
and the trade
associations to develop the site using the industries feedback. As Horace Jennings
one of these co founders states \"We are building it for them. Consulting with the
industry is a must if we are to expect them to be actively involved in the site. Our
vision is to have suppliers check the site daily to post and edit offers and to
respond to buyer queries\". Horace is also heading up the marketing efforts and
helping get the suppliers lined up and ready to use Buildbuy. \"Not a problem.\" he
says \"Buildbuy.com is going to be the best way to sell your product online. Once I
show them the site and how easy it is to navigate, they see this as another way to
broaden their reach.\"
The building materials industry has global reach with yearly growth that is enviable
by any measure. Buildbuy has hopes to tap into the market place and give buyers the
tools needed to shop online. The company is focused on lining up suppliers for the
launch. \"This time is crucial for our company. We need to partner with the suppliers
to launch Buildbuy. We believe that if we build it they (the buyers) will come...\"
Ms Nair says. If management\'s excitement alone could determine success then this
company would be a sure bet. But Ms Nair is quick to point to the fact that
Buildbuy\'s success depends on the suppliers. \"If there is a good deal out there then
the buyers will find it\" she states adding \"and a little luck would help\".
The planned launch of the site will take place later this year. Industry experts we
spoke to all agree that with online usage growing in the construction industry and
the constant search for bargains by consumers and builders alike the cards are
stacking up in Buildbuy.com\'s favor. Recent surveys have pointed to the increased
use of the Internet to locate and research building supplies.
Buildbuy.com is working on making those searches easier for the buyers.



Web Site = http://www.buildbuy.com

Contact Details = Contact
http://www.BUILDBUY.COM
801 Varnum Street NW
Washington DC 20011
Tel 202 330 7525
email buildbuy@cs.com