First-to-market providing supplies an automatic technique to entry and evaluate historic, present and future pricing, and depreciation information throughout gadget fashions
SAN MATEO, Calif., February 3, 2025 – B-Inventory, the main B2B recommerce platform and system of file for all resale, is happy to announce the launch of its Cell Insights device. This primary-to-market providing supplies B-Inventory’s wi-fi prospects — which embody high OEMs, wi-fi retailers, and buyback corporations — on-demand visibility into present and future pricing traits throughout makes and fashions to higher inform how and when gadgets ought to enter the secondary market, and their anticipated efficiency.
The device leverages AI and machine studying to allow an automatic technique to entry and evaluate historic, present and future ASP (common gross sales value), and depreciation information throughout gadget 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 Cell Insights supplies wi-fi retailers and OEMs with the flexibility to:
- View historic efficiency by mannequin and situation
- Evaluate their gross sales to general market information
- Forecast pricing, as much as 3 months into the longer term, with higher than 90% accuracy
- Higher inform which disposition channels gadgets ought to transfer by way of
- Inform trade-in presents by understanding residual values over time
Armed with such a proprietary and predictive information, retailers and OEMs are in the perfect place to optimize resale methods to attain the perfect pricing doable for trade-in gadgets.
“We’re at present seeing our prospects leverage Cell Insights information to tell buy and trade-in packages, improve stock administration to optimize distribution facilities, and enhance buyer engagement by guaranteeing probably the most interesting costs. And the truth that it’s an automatic device means they’ve on-demand entry to evaluate ASP and depreciation information, changing the necessity to depend on handbook strategies,” mentioned Sean Cleland, VP of Cell for B-Inventory. “With over 35 million cell gadgets bought through 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 traits throughout the B2B cell resale market and we’re excited to make use of this information to carry our Cell Insights to market.”
B-Inventory’s Cell Insights is the one device like this available on the market; one which makes use of AI, ML, and historic information to supply such a on-demand, actionable information particular to what sort of pricing will be achieved.
Cell Insights is offered solely for sellers on the B-Inventory platform. To be taught extra concerning the device, our platform, and how one can leverage information 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 file for all resale. We join sellers and patrons of returned, trade-in, and overstock stock by way of a collection 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 priceless merchandise for his or her resale companies.
With tons of of hundreds transactions accomplished yearly, we imagine expertise and entry drive a wholesome B2B resale ecosystem. B-Inventory provides patrons a easy and direct approach to purchase priceless merchandise straight from retailers and presents sellers a technology-driven substitute for conventional resale strategies, whereas boosting operational effectivity, restoration charges, and cycle time.