FAQ
Frequently Asked Questions
RotoMARKETPLACE is a membership-based group purchasing platform that helps businesses and organizations combine their purchasing power to access competitive contracts with vetted suppliers and service providers. It gives small and midsize operations a stronger, more recognized position in the marketplace.
RotoMARKETPLACE negotiates agreements with vetted suppliers and service providers on behalf of its members. Through those agreements, members can access preferred pricing, dependable quality and service, and eligible quarterly rebates based on total purchases. Members also gain opportunities to connect, share capabilities and insights, and stay informed about relevant market developments, innovations, and issues.
Once approved, new members pay a modest membership fee to help cover the organization’s operating costs.
Businesses and organizations can apply by completing the Membership Agreement and submitting it to RotoMARKETPLACE for review.
Yes. Eligible businesses and organizations across North America can join.
The RotoMARKETPLACE Member Agreement asks members to commit a defined amount of annual purchases for eligible supplies and services through the organization.
RotoMARKETPLACE helps members reduce costs on the supplies, services, insurance, transportation, technology, and other operating needs that support their business. Eligible quarterly rebates and lower service costs can help organizations protect margins, improve purchasing leverage, and compete more effectively.
Yes. Membership is required. RotoMARKETPLACE invests the time and resources needed to negotiate competitive pricing and service agreements with suppliers and service providers for its members.
RotoMARKETPLACE’s buying power grows as more businesses and organizations join the network. Greater collective demand strengthens the group’s ability to negotiate competitive contracts and expand member opportunities.
RotoMARKETPLACE pools member demand to negotiate competitive pricing on supplies and services. That collective buying power can give individual businesses and organizations access to pricing and availability that may be difficult to secure on their own.
RotoMARKETPLACE was created to help independent businesses and organizations compete more effectively by combining their purchasing power. The organization works to secure competitive pricing, reliable supply-chain access, and stronger service options—so members can compete with larger organizations while operating with credibility, honesty, and trust.
RotoMARKETPLACE currently has negotiated supplier agreements across a growing range of categories, including materials and components, packaging, insurance, shipping and transportation, production and ERP software, website services, CRM development services, payroll services, and more.
Suppliers and service providers may apply by submitting a proposal and completing an application. Each applicant is reviewed by the RotoMARKETPLACE Supplier Review Committee for relevance, product or service value, pricing, delivery capability, and location.
RotoMARKETPLACE gives suppliers and service providers access to more predictable purchasing volume, helping reduce unplanned discounting and associated overhead. In return, they can build long-term relationships with committed customers and more consistent ordering patterns.
Yes. As part of the Supplier Agreement, participating suppliers provide member purchasers with a quarterly rebate based on the total dollar amount of eligible goods and services purchased.
The RotoMARKETPLACE quarterly rebate percentage is negotiated based on market conditions and the terms of each supplier or service-provider agreement. The rebate is calculated from the total dollar amount of eligible supplies, goods, and services purchased from that provider.
The rebate is calculated from the total dollar amount of eligible goods and services purchased by members from participating suppliers during the quarter. Suppliers and members submit monthly sales and purchase totals through the secure RotoMARKETPLACE portal. Those totals are reviewed and aggregated, and rebate payments are issued by the suppliers.