Covestro Direct Store is Covestro's own digital B2B e- commerce channel that enables the buyers to purchase chemical products conveniently, flexibly and securely online from trusted suppliers.
Seller Offer Creation Flow
By creating Fixed Price Offers (FIX), Flex Price Offers (FLEX, i.e. allowing negotiations), or Auctions (BID), sellers have successfully transformed complex offline transactions into efficient online transactions to meet the needs of different types of customers.
Seller Offers & Detail Page
Sellers are able to view the FIX/ FLEX offers that they have created from the overview page and see volume, price, and other updates from buyers.
Sellers can also view the specific details of each material in the offer and negotiation conversations with buyers.
Buyer Invitations & Detail Page
Buyers are invited to all types of offers that are listed in the invitations overview page. Buyers can create deals directly with a Fix Price offer, making negotiation easy through a Flex Price offer, or bid on an Auction offer.
Buyers are allowed to bucket select materials to negotiate with sellers and make deals from the detail page.
Seller/ Buyer Negotiations
How does Flex offer/ Negotiation work?
Negotiation Design
Seller Auction Offers
A well built and easy to use Auctioning mechanism acts as a selling point for using Covestro Direct Store as a sales channel instead of traditional offline methods or pseudo-offline methods with digital inputs (using CDS as an admin tool for business that is actually done on the phone).
Seller Account Management
Seller creates teams and invite buyers to CDS