First-to-market providing gives an automatic approach to entry and evaluation historic, present and future pricing, and depreciation information 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 Cell Insights software. This primary-to-market providing gives B-Inventory’s wi-fi prospects — which embrace high OEMs, wi-fi retailers, and buyback firms — on-demand visibility into present and future pricing tendencies 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 approach to entry and evaluation historic, present and future ASP (common gross sales worth), and depreciation information throughout machine fashions. By scanning a whole lot 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 gives wi-fi retailers and OEMs with the flexibility to:
View historic efficiency by mannequin and situation
Evaluate their gross sales to total market information
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 means of
Inform trade-in gives by understanding residual values over time
Armed with this sort of proprietary and predictive information, retailers and OEMs are in the very best place to optimize resale methods to attain the very best pricing potential for trade-in units.
“We’re at present seeing our prospects leverage Cell Insights information to tell buy and trade-in applications, 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 software means they’ve on-demand entry to evaluation 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 cellular units offered by way of a whole lot of hundreds of transactions over greater than a decade, B-Inventory has constructed a strong, unequalled dataset on the shopping for and promoting tendencies throughout the B2B cellular 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 software like this in the marketplace; one which makes use of AI, ML, and historic information to supply this sort of 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 in regards to the software, 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 document for all resale. We join sellers and patrons of returned, trade-in, and overstock stock by means of 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 trying to supply invaluable merchandise for his or her resale companies.
With a whole lot of hundreds transactions accomplished yearly, we imagine know-how and entry drive a wholesome B2B resale ecosystem. B-Inventory offers patrons a easy and direct method to purchase invaluable merchandise straight from retailers and gives sellers a technology-driven substitute for conventional resale strategies, whereas boosting operational effectivity, restoration charges, and cycle time.