The leaders in smart, simple sourcing innovations

About Magnetized Markets

Magnetized Markets is an innovative technology business that has developed the 'attract engine' as the basis for a range of business-to-business marketplaces and web based sourcing tools.

Our tools help organisations to find the right service providers and suppliers based on their specific needs… without searching.

Our primary web based marketplaces and sourcing applications are:

What we do

Magnetized Markets powerful attraction engine brings together buyers and sellers in a way that eliminates unnecessary searching and administration, radically reduces the time involved, and ensures users have the visibility and tools they need to be in control.

What’s really interesting and unique, is that Magnetized Markets actively encourages other organisations to benefit from its leading technology, and enables them to setup their own customised gateways to access the market. This is good for everyone - organisations benefit from access to cutting edge technology without the R&D investment, while users also benefit from being able to access a richer and more vibrant marketplace.

Why we do it

It’s easy to find thousands of consulting and professional services firms; the hard bit is working out which ones have the right experience, capability and ideas to deliver the results you need.

Currently, buyers waste a lot of time searching web pages, scrolling through directories, running expensive RFP’s, or calling everyone they know, just to find out which service providers and suppliers have the capability they need.

At the same time, service providers and suppliers spend a lot of time, energy, and money just to find out which buyers are looking for the services they offer.

Furthermore, organisations have a difficult time reducing risk and maximizing efficiency in the way they source products and services when a tender is not required. This is relevant to both sub-tender sourcing (typically below $200,000), and when sourcing from within established preferred supplier panels.

Magnetized Markets applications have been developed in direct response to these various challenges and frustrations.

Easy to use, and intuitive, they help organisations to find the right service providers and suppliers based on their specific needs… without searching. Importantly, they do this in a way that eliminates unnecessary administration, radically reduces the time involved, and ensures users have the visibility and tools they need to be in control.

Not only has Magnetized Markets made it easy for buyers to find the best matched service providers and suppliers in the market. Its marketplace tools also offer Services Firms and Suppliers with a more efficient, targeted, and cheaper sales channel. They also give procurement and compliance managers an innovative solution to an enduring challenge. In this way, Magnetized Markets’ business-to-business marketplaces and sourcing tools really do offer a win-win solution, and we are proud of that.

How it started

Magnetized Markets was started in direct response to the widespread frustration, inefficiency, and poor matching results observed across many organisations in trying to navigate the complex and crowded consulting services market – as buyers, as procurement managers and as suppliers.

We began as a web-based solution finding Professional Services and Consultants. From there the business and the technology has quickly developed into a sophisticated suite of marketplace and sourcing applications, offering a range of solutions targeted at different sectors.

We are now the leading provider of attraction-based marketplaces to organizations throughout the world. We have a dynamic team that powers the business, but it's the local knowledge and expertise that delivers the edge for our clients. If you think you have the ideas, drive and inspiration to join our team, please contact us
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