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BidOnFusion
Presentation 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
Category
Standard 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 liquidator
20% of retail, truckloads
Smaller liquidator
35% of retail, pallets
eBay/eCommerce
seller
50% of retail, boxes
Consumer 85% of
retail, indiv. product
INVEN-
TORY
Goods shipped to
BidOnFusion Regional Facilities
Goods shipped to
BidOnFusion Regional Facilities
The BidOnFusion Liquidation Model
BidOnFusion’s
Data Driven
Auction
System
BidOnFusion’s
Data Driven
Auction
System
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
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
BidOnFusion’s Website
Sebastian Baerend – CEO
sebastianb@bidonfusion.com
(415) 756-6353
Julian Martinez –
Marketing Director
julianm@bidonfusion.com
(650) 799-7557
Thank You

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BidOnFusion's Presentation for the Midwest eCommerce Conference 2014

  • 2. 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
  • 3. Category Standard 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
  • 4. 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 liquidator 20% of retail, truckloads Smaller liquidator 35% of retail, pallets eBay/eCommerce seller 50% of retail, boxes Consumer 85% of retail, indiv. product INVEN- TORY
  • 5. Goods shipped to BidOnFusion Regional Facilities Goods shipped to BidOnFusion Regional Facilities The BidOnFusion Liquidation Model BidOnFusion’s Data Driven Auction System BidOnFusion’s Data Driven Auction System 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.
  • 6. 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.
  • 16. Sebastian Baerend – CEO sebastianb@bidonfusion.com (415) 756-6353 Julian Martinez – Marketing Director julianm@bidonfusion.com (650) 799-7557 Thank You