First-to-market providing gives an automatic option to entry and overview historic, present and future pricing, and depreciation knowledge throughout machine fashions
SAN MATEO, Calif., February 3, 2025 – B-Inventory, the main B2B recommerce platform and system of document for all resale, is happy to announce the launch of its Cellular Insights software. This primary-to-market providing gives B-Inventory’s wi-fi prospects — which embody prime OEMs, wi-fi retailers, and buyback firms — on-demand visibility into present and future pricing developments throughout makes and fashions to higher inform how and when units ought to enter the secondary market, and their anticipated efficiency.
The software leverages AI and machine studying to allow an automatic option to entry and overview historic, present and future ASP (common gross sales worth), and depreciation knowledge throughout machine fashions. By scanning tons of of hundreds of transactions throughout the bstock.com platform after which analyzing them throughout variables together with class, merchandise situation, and model, B-Inventory’s Cellular Insights gives wi-fi retailers and OEMs with the flexibility to:
- View historic efficiency by mannequin and situation
- Evaluate their gross sales to total market knowledge
- Forecast pricing, as much as 3 months into the long run, with larger than 90% accuracy
- Higher inform which disposition channels units ought to transfer by
- Inform trade-in presents by understanding residual values over time
Armed with one of these proprietary and predictive knowledge, retailers and OEMs are in one of the best place to optimize resale methods to realize one of the best pricing attainable for trade-in units.
“We’re at the moment seeing our prospects leverage Cellular Insights knowledge to tell buy and trade-in packages, improve stock administration to optimize distribution facilities, and enhance buyer engagement by making certain essentially the most interesting costs. And the truth that it’s an automatic software means they’ve on-demand entry to overview ASP and depreciation knowledge, changing the necessity to depend on handbook strategies,” mentioned Sean Cleland, VP of Cellular for B-Inventory. “With over 35 million cell units bought by way of tons of of hundreds of transactions over greater than a decade, B-Inventory has constructed a strong, unequalled dataset on the shopping for and promoting developments throughout the B2B cell resale market and we’re excited to make use of this knowledge to deliver our Cellular Insights to market.”
B-Inventory’s Cellular Insights is the one software like this in the marketplace; one which makes use of AI, ML, and historic knowledge to supply one of these on-demand, actionable knowledge particular to what sort of pricing may be achieved.
Cellular Insights is accessible completely for sellers on the B-Inventory platform. To be taught extra in regards to the software, our platform, and how one can leverage knowledge to tell your B2B resale technique, please request a demo.
About B-Inventory:
B-Inventory is the world’s largest B2B recommerce platform and system of document for all resale. We join sellers and patrons of returned, trade-in, and overstock stock by a set of on-line resale channels. Our prospects vary from the world’s largest manufacturers and retailers that need best-in-class stock resale administration to entrepreneurs seeking to supply helpful merchandise for his or her resale companies.
With tons of of hundreds transactions accomplished yearly, we consider expertise and entry drive a wholesome B2B resale ecosystem. B-Inventory offers patrons a easy and direct approach to purchase helpful merchandise immediately from retailers and presents sellers a technology-driven alternative for conventional resale strategies, whereas boosting operational effectivity, restoration charges, and cycle time.
