bidonfusion's presentation for the midwest ecommerce conference 2014

BidOnFusionPresentation Prepared

for

Privately owned and operated, the BidOnFusion team has been providing auction and liquidation services since 2010 to leading US Retailers.

Key Metrics •Wholesale B2B Lots Auctions per Week – 1,000 to 2,000•55,000 + qualified wholesale buyers•Retail liquidation facilities located in Phoenix and Indianapolis (coming soon)

The BidOnFusion Difference:•Inventory sorted and auctioned off on www.bidonfusion.com •Unlike other online auctions, BidOnFusion provides liquidation processing facilities where inventory is prepared and sold, freeing up retailer’s space•BidOnFusion stands behind every sale to protect both the retailer and buyer

http://www.bidonfusion.com/

CategoryStandard Industry Recovery Rates*

BidOnFusion Recovery Rates++

CE – General 10% 16%

Lap Tops / PCs 25% 37%

Cell Phones / Telecom 25% 45%

Housewares 7% 12%

Sporting Goods 6% 15%

Hardware 12% 18%

Automotive 11% 14%

Home & Office 9% 21%

Toys / Games 12% 23%

Pet Supplies 7% 15%

The Proof Is In BidOnFusion’s Results

Recovery rates reported as a percent of wholesale cost * Recovery rate per customer feedback and industry data ++ Net recovery rates paid to Fusion’s retail customer

PROBLEM – THE CURRENT MODEL

In the current model top tier liquidators buy warehouse sized loads for $0.05 – $0.10 of the original retail price and sell the assets downstream in increasingly smaller loads.

Retailers / Manufacturers

Large liquidator pays 7% of retail, warehouse sized loads

Medium-sized liquidator20% of retail, truckloads

Smaller liquidator35% of retail, pallets

eBay/eCommerce seller50% of retail, boxes

Consumer 85% of retail, indiv. product

INVEN-TORY

Goods shipped toBidOnFusion Regional Facilities

Goods shipped toBidOnFusion Regional Facilities

The BidOnFusion Liquidation Model

BidOnFusion’s Data Driven

AuctionSystem

BidOnFusion’s Data Driven

AuctionSystem

End ConsumerEnd Consumer

Goods Sold to the Highest

Bidder

Goods Sold to the Highest

Bidder

• BidOnFusion moves inventory into our regional facilities.

• BidOnFusion sorts and preps goods to maximize sales.

• Over 95% of all product is liquidated via auction on bidonfusion.com.

• BidOnFusion doesn’t rely on small group of bulk buyers like other liquidators.

• We remove 2-3 levels of buyers from the liquidation chain, ensuring retailers get the highest recovery possible & buyers get lowest price possible.

SOLUTION – THE BIDONFUSION MODEL

Inventory

We use millions of historical transactions and combine these with variables such as time, location, condition, load type and category to determine how to achieve the highest recovery rate. Our baseline is the consumer and we work up from there. BidOnFusion grows smarter with each transaction.

BidOnFusion’s Website

Sebastian Baerend – [email protected](415) 756-6353

Julian Martinez – Marketing [email protected](650) 799-7557

Thank You

mailto:[email protected]

mailto:[email protected]

bidonfusion's presentation for the midwest ecommerce conference 2014

Technology