Archive for the ‘News’ Category
Mike Linton, former CMO eBay & Best Buy, Joins B-Stock Advisory Board
December 28, 2009 5:55 pm | by Howard Rosenberg
I am thrilled to announce that Mike Linton has joined the B-Stock Solutions Advisory Board. Mike is a world-class marketer with extraordinary experience in retail, consumer products and e-commerce. We are very fortunate to have Mike involved in our business and look forward to the contributions he will make in the coming years.
Mike and I worked at eBay at the same time and, although we did not work together very closely, I have always had enormous respect for his knowledge and experience. He clearly understands marketing like few others. In addition, his deep experience in our target markets of retail and consumer product manufacturing gives him a unique perspective on our business. He understands the liquidation challenges facing retailers and manufacturers from an insiders perspective. As we continue to add major brick and mortar and e-commerce retailers to our customer list, Mike’s views on how we can create even more value for them will be increasingly valuable.
Mike’s most recent experience was as eBay’s Chief Marketing Officer. He joined eBay after 7 years as the first Chief Marketing Officer, and EVP, for Best Buy. He is a charter member of the Marketing-50, was elected to the Retail Advertising Hall of Fame in 2008 and was named by Ad Age as one of the most influential 30 marketers in 2003, 2004 and 2005. He is currently writing articles on marketing for Forbes that you can (and should) find here.
Mike’s full bio is available on our Advisors page and is worth a read.
B-Stock launches new liquidation site for major department store
December 6, 2009 11:02 am | by Howard Rosenberg
Visit www.bstockauction.com now and apply to buy liquidation inventory directly from a major department store chain. There are no middlemen…you buy directly from the source.
Monthly auctions, hundreds of listings, great deals! Overstock, shelf pulls, customer returns, store stock all available. Inventory includes:
- High end, designer handbags
- Fine jewelry and gold
- Women’s coats
- Bed & bath
- Men’s & women’s clothing
- Fragrances
- and more!
B-Stock Solutions Launches BStockDVDs.com, the First B2B Closeout DVD Auction Marketplace
September 1, 2009 10:00 am | by Howard Rosenberg
Large Lots of Liquidation DVD’s to be Sold to the Highest Bidders
MENLO PARK, Calif. – September 1, 2009 – B-Stock Solutions, the leader in delivering private auction marketplace solutions to Fortune 2000 retailers and manufacturers, has launched a new wholesale liquidation marketplace providing resellers with access to one of the largest library’s of previously viewed DVD’s available anywhere. By selling lots of 1,000 to 100,000 DVDs spanning many titles and genres, the new marketplace, BStockDVDs.com, will create a powerful opportunity for sellers in online marketplaces, like eBay and Amazon, to source deeply discounted inventory to grow their businesses. Resellers with their own websites or retail stores can also benefit from access to this rich source of high quality inventory at great prices. Initial lots will be starting as low as 3.3 cents per disk with no reserves.
Announcement Highlights/Key Facts:
• The marketplace is located at www.bstockdvds.com
• The marketplace is open to any business with a valid resale/sales tax certificate and a U.S. shipping address
• Lots will range from 1,000 units to 100,000 units
• All disks will come complete with case and cover art
• Starting prices on the initial lots will be as low as 3.3 cents per disk with no reserve prices
• The initial lots will close on September 3rd
According to Howard Rosenberg, B-Stock Solutions’ CEO, “We are very excited about the launch of the BStockDVDs.com marketplace. We are successfully transforming the liquidation process for a major DVD rental company into a win-win situation for both the vendor and the resellers taking advantage of these previously inaccessible buying opportunities. We’re extremely proud of the efficiency our marketplace services bring to the liquidation process and how they drive significant revenues for both buyers and sellers. Having watched small resellers struggle to find sources for quality inventory during my years at eBay, I get great satisfaction out of making that search easy and affordable so these sellers can more effectively grow their businesses. ”
About B-Stock Solutions
B-Stock Solutions is the leading provider of liquidation optimization solutions to Fortune 2000 retailers and manufacturers. The company brings efficiency to the traditional process of liquidating excess inventory, including overstock, returns, end of life and obsolete products. Results are achieved through the use of B-Stock’s proprietary private auction marketplace platform and the companies unparalleled auction strategy and marketplace management expertise. The company was founded by a group of eBay veterans and currently powers marketplaces for some of the largest retailers and manufacturers in the world.
Editorial Contact:
Stacey Schneider
Silicon Spark
415-867-1606
Stacey(at)siliconspark.com
B-Stock Solutions to Launch BStockDVDs.com on August 27
August 21, 2009 9:34 am | by Howard Rosenberg
We are very excited about the impending launch of a new marketplace. BStockDVDs will be auctioning off liquidation lots of DVDs for a major DVD rental company. Purchases in the marketplace will be directly from this company (whose name we can’t mention).
Bidding will start as low as 5 cents per disk with no reserves.
This will be an amazing opportunity for smaller resellers to acquire inventory directly from a major, reputable source without any middlemen, brokers or liquidators pushing up the price.
Register now at BStockDVDs and enjoy the great deals.
Sam’s Club Auctions on CNN’s Clark Howard
July 7, 2009 2:20 am | by Howard Rosenberg
We are proud to once again be supporting Sam’s Club on this initiative. We have people who were part of the launch at FairMarket in 2001, then we helped them grow while we were at eBay through 2008, and now we look forward to taking it to an even higher level as B-Stock Solutions. They are truly great partners whose long-term view of business is inspiring.
In this video, Clark Howard talks about Sam’s Club’s B2C liquidation marketplace. This has proven to be the single most effective liquidation mechanism I have seen for brand new excess inventory. It is effective in many diverse ways that cut across departments in an organization. The overall value to an online retailer is truly incredible. This type of B2C solution creates:
(1) Huge increases in recovery rates over traditional liquidation (finance and merchandising love it as it improves the P&L),
(2) Ability to achieve both recovery improvement and velocity (operations teams love it since it keeps inventory flowing),
(3) Deep customer engagement and loyalty (e-commerce teams appreciate the impact on the buyer experience, time on the site, repeat visits, etc.), and
(4) Extremely efficient, targeted marketing opportunities. (marketing loves the opportunity auctions provide to send huge volumes of targeted email (you’re winning, your’re losing, you won, you lost, etc.))
Every one of the top 100 online retailers should (and ultimately will!) have a solution like this on their website. Call us and we’ll make it happen!
B-Stock Solutions Closes $1.2 Million in Series A Funding
February 19, 2009 9:34 am | by Howard Rosenberg
MENLO PARK, CA, February 19, 2009 – B-Stock Solutions, Inc. today announced that it has secured $1.2 million in Series A venture capital funding led by True Ventures that will help the company complete development on its proprietary private marketplace platform and to further help its customers optimize their recovery rates on liquidation sales. The B-Stock Solutions founding team has been helping Fortune 2000 retailers and manufacturers improve liquidation performance since launching eBay’s Private Marketplace business in 2004. Since that time, the team has facilitated the liquidation of nearly $1 billion of distressed inventory.
“Liquidation is a neglected and inefficient part of the supply chain that B-Stock Solutions has improved substantially. B-Stock has successfully built a technology-enabled service solution that allows companies to liquidate from a position of strength,” said John Burke, general partner at True Ventures. “We were especially impressed by the way they help their customers turn liquidation into a regular, ongoing business process resulting in substantial reductions in excess inventory build-up on the balance sheet which, in turn, eliminates the need for massive quarter end sales at typical liquidation pricing. This improvement in recovery rates drops almost entirely to the customers’ bottom line.”
The Series A funding will enable B-Stock Solutions to deliver the most advanced private marketplace technology solution on the market and build-out world-class sales and service organizations.
“This funding will allow B-Stock Solutions to take what my team had been doing for the past 5 years at eBay to the next level.” said Howard Rosenberg, the company’s CEO. “I am excited to be able to implement our vision for a full service solution that allows our clients to take full advantage of our 20+ years of combined auction strategy and marketplace management expertise.”
B-Stock Solutions works with clients, as partners, to bring efficiency to the liquidation process. By building robust buyer bases for our clients’ products and enabling a truly competitive sales process, the company has been able to improve recovery rates by 20% -100%. In addition to improving recovery, the company’s solution allows clients to manage their liquidation with less overhead.
About B-Stock Solutions
Headquartered in Menlo Park, California, the B-Stock Solutions team has more experience helping Fortune 2000 retailers and manufacturers improve liquidation results via privately branded auction marketplace than anyone in the world. The company’s turnkey liquidation solution significantly increases recovery rates while more efficiently using your internal human resources. B-Stock Solutions’ world class team of professionals was responsible for the launch and growth of the eBay Private Marketplace business and the building of eBay’s private marketplace technology platform. B-Stock Solutions is a private company funded by True Ventures and Harrison Metal Capital. For more information on B-Stock Solutions please visit http://www.bstocksolutions.com for more information.
About True Ventures
Based in the Silicon Valley, with offices in Palo Alto, CA, San Francisco, CA and Great Falls, VA, True Ventures invests in promising entrepreneurs a the earliest stages in the highest-growth segments of the technology market. The partners at True Ventures have started over ten companies as founders, and the venture firm is designed by entrepreneurs, for entrepreneurs. The firm clearly understands both opportunities and challenges in the earliest stage of development and provides young companies with a powerful, seasoned partner. True Ventures has raised two venture capital funds to date and manages $375 million in limited partner capital. For more information, please visit www.trueventures.com for more information.
