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About Us The
Business
Pricingnet
was founded
in early 2004. Through consulting engagements with
industrial distributors the need for
a wholesale only trading community was identified.
It became clear that distributors have a
large number of items that are essentially dead-stock.
While the products are new and in their original, un-opened
packaging, local demand has diminished to the point where these
items are either no longer saleable or represent many years of
existing demand within the sales territory.
Frequently, these items are still in demand
in another geography and a local distributor can easily sell
these products during the normal course of business.
Before Pricingnet, the items would sit in
the warehouse, accumulating overhead cost, until they were
finally liquidated at pennies-on-the-dollar. Now, due to
the communication provided by Pricingnet they can be sold to
another distributor for close to their original value.
The acquiring distributor gets new product
at below wholesale prices and the selling distributor gets to
sell their excess stock at close to their original cost.
This allows smaller distributors to
function more like a large multi-branched distributor by moving
stock from one geography to the other.
It also allows larger distributors to
leverage their buying power and essentially function as a master
distributor.
The Team
The Pricingnet Team consists of experienced
technology, marketing and sales professionals spanning 4 continents. Through the power of the
Internet, all of these resources have come together to build and
operate Pricingnet, The World's Largest Wholesale Only Exchange.
Pricingnet goes to market through a
manufacturer's representative sales organization. To find
the representative in your territory,
click here.
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Questions?
(650) 322-4200
