Taking the building materials trade online with a young startup.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 11, 2006 -- 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.

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 to have 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. "This time is crucial for our company. 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. Industry experts do 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.