EBay has partnered with asset management vendor FreeFlow to add pre- and post-auction services for companies looking to sell unwanted inventory.
Under the deal announced Tuesday, FreeFlow will help eBay expand its business-to-business offerings to companies looking to get rid of excess, aging, returned, and refurbished inventory. EBay's business to business services, called the Private Marketplace, are separate from the online auctioneer's consumer services. Businesses are provided their own secure site for bargaining with buyers.
For pre-auction sales, FreeFlow would provide market intelligence for finding resellers, determining pricing, and developing auction strategies. Post-auction services include collections and settlement, shipping, and performance reporting. Financial terms of the partnership weren't disclosed.
Read more http://www.informationweek.com/internet/showArticle.jhtml?articleID=196700854&subSection=E-Business
Wednesday, December 20, 2006
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