Fred Alzner

Marble Falls, TX (USA)
Role(s):
Founder/Owner/Principal

Easy Excess

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Location: Marble Falls
Industry: Technology/Web
Year Founded: 2007
Number Employees: 1-10 people
Description: Easy Excess((URL removed)) is a new, more effective approach for improving returns for excess and overstock inventories in the 20 billion dollar excess/independent electronic component distribution market. Traditionally, manufacturer’s excess was sold to brokers for pennies on the dollar or consigned to brokers who would then re-market the excess materials to various markets. Return on investment to the manufacturers typically was less than 10 cents on the dollar. After years of purchasing excess this way, and much consultation with some of the major excess generating manufacturers, we have come up with an innovative way for the OEM(Manufacturer) to directly sell their excess. Our software empowers the OEM to list and control all of the facets of excess re-distribution resulting in return of full market value. We are similar to an Ebay, however, we go several steps further and promote the excess material with telephone sales, marketing newsletters and search engine optimization on a daily basis. Additionally, we can be distinguished from any competitors in that we only sell wholesale quantities and do this only Business-2-Business. Our approach is further simplified by the fact that we never touch the product or the funds of the transaction, but merely put the buyer and seller together and charge a commission for our efforts. Initially, we only charge once a sale has been achieved, and the commissions charged are modest to increase the participation by our OEMS. Later, once we have a leadership position in the market(which we estimate to be within the first year due to the uniqueness and results we achieve) we will be charging a subscription to our buyers just for the privilege to buy on our site. There are other listing services in the industries we are promoting, some of which have been around for 10+ years. However, we set ourselves apart by requiring photographic and pricing info not available on other services. This has resulted in our being a much more reliable way to buy excess inventories and a more streamlined and efficient means for the manufacturers to control their inventory. Our testing pahse is complete and we have been embraced by the customers we have worked with during this phase. We are ready to launch our business into the mainstream of the industry and are seeking working capital.