FREQUENTLY ASKED QUESTIONS

What is Rbundle?

Rbundle connects buyers and sellers of professional services more efficiently than the current market approach. Rbundle does this by:

 

  • Creating a Common RFP for each service. Think of it like the college common application; fill it out once for unlimited use.
  • Functions as a reverse, blind auction where service providers bid to win the service engagement.
  • Keeps service buyers anonymous until they choose to engage a service provider.
  • Automates service discovery by using RFP responses to identify other potentially beneficial services for the business.

What does Rbundle mean by "Anonymous RFP"?

No one knows your business's identity just from the RFP (Request For Proposal). A business only need reveal their identity when a service provider is chosen and the engagement contract is signed.

What service categories does Rbundle assist with?

Tax, audit, legal, IT & cyber security, accounting & bookkeeping, and business consulting.

How does Rbundle get buyers lower prices?

First, because the RFPs are anonymous, there is no value pricing. Service providers cannot evaluate how much your business can pay before quoting you a price, because they don't know your business. All the service provider knows is the information required to create a service proposal.

 

Second, Rbundle works as a reverse, blind auction. This type of auction has multiple sellers compete to offer their services to a buyer, but the bids are not visible to other seller participants. This creates a competitive environment where sellers must provide their best possible offer without knowing what others are bidding.

What is Rbundle's benefit to service providers?

First, Rbundle does all of a service provider's sales funnel (awareness, discovery, evaluation, intent).

 

Second, Rbundle does most of the service provider's proposal process by collecting, organizing, and presenting all the necessary customer information in order for the service provider to easily generate a proposal.

 

So Rbundle saves service providers significant time and costs in competing for business = lowers customer acquisition costs.

 

Third, for those providers who prove most successful on the platform, Rbundle's pricing scheme rewards the success with even greater customer acquisition cost savings.

How does Rbundle's pricing work?

Rbundle is FREE for almost everyone! Only service providers who win business on the platform must pay a fee. Each service offered on the Rbundle platform has two pricing options:

 

(1) Percentage of engagement

(2) Monthly subscription

 

Each service on the platform is priced individually because the economics of each service is different. A simple example would be that for a service with a typically high profit margin, Rbundle will set a higher price. And a lower price for a lower profit margin service.

How does Rbundle make money?

Rbundle collects fee from the winning service provider. So all businesses seeking professional services use the platform form free. As well as all service providers can compete for engagements for free. This means that Rbundle offers service providers risk-free revenue: Rbundle only makes money when the service provider makes money.

 

That's a pretty good deal.

How do you say Rbundle?

Said the same as Rebundle. We just couldn't afford another vowel.

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