Welcome to the Marketplace Boost Efficiencies and Grow Your Business Using FedBid! November 13, 2018 © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
What is FedBid? FedBid is an online managed marketplace that is changing the way organizations buy and sell. FedBid, Inc. • www.fedbid.com
Better Buying Fuel for a Veterans Hospital In the wake of Hurricane Sandy Traditional procurement methods were unsuccessful Turned to FedBid Small business vendor in Florida © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Smarter Selling Breaking into Government Contracting Woman-owned small business in Arizona Within miles of a U.S. Air Force base Attempts were unsuccessful Began bidding on FedBid FedBid opened the door to the Federal Government © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Each buy is managed by an entire team. A Managed Marketplace CLIENT SERVICES MARKET OPERATIONS QUALITY ASSURANCE POST A BUY SELLERS NOTIFIED MAKE AN AWARD ACCOUNT MANAGEMENT BUYER SUPPORT Each buy is managed by an entire team. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
What is in it for Sellers? Seller Benefits Opportunity Access Real Business Opportunities No Out-of-Pocket Costs Boost Efficiencies Seller Training and Support Services FedBid, Inc. • www.fedbid.com
Exclusive Opportunity Access $1.5B+ Gross Marketplace Volume 30,000+ Buys Awarded 78% Awarded to Small Businesses 13,000+ Registered Buyers 80% of Federal Agencies © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
In 2012, FedBid Buyers Bought: electric Components LAB EQUIPMENT COMMUNICATIONS hardware IT HARDWARE & SOFTWARE FURNITURE Office supplies SERVICES © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Built for Serious Sellers Request or Invitation for Bid Majority Will Be Awarded in 30 Days Push Notifications for Relevant Opportunities Easily Track Bidding Activity Real Business Opportunities FedBid, Inc. • www.fedbid.com
No Out-of-Pocket Costs No cost and no risk to join and participate Free marketplace training Buyer-funded transaction fee BUYER POSTS A BUY SELLER BIDS $100 SELLER KEEPS BUYER AWARDS $103 TO SELLER FEDBID INVOICES SELLER FOR $3 $3 FEDBID FEE IS ADDED © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Increased Efficiencies MINIMAL RESOURCES NECESSARY Uniform Process Reduce Cost New Opportunities Reduce your costs per bid. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Training and Support Services Webinars Wednesdays at 1:00 PM EST Email webinar@fedbid.com Training Videos Video tutorials about your account, your Dashboard, and bid submission Client Services Clientservices@fedbid.com 1.877.9FEDBID We’re here to help. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Buyer Benefits EXTEND REACH OF PROCUREMENT RESOURCES PROMOTE CORPORATE SOCIAL RESPONSIBILITY OBJECTIVES IMPROVE AUDITABILITY AND MITIGATE RISK FUEL GROWTH © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
How it Works for Sellers 1 2 3 4 SELLERS SIGN UP & LOG IN REVIEW BUY & ASK QUESTIONS PLACE A BID DELIVER GOODS & SERVICES BUYERS LOG IN & POST A BUY BUYERS ANSWER QUESTIONS OR REPOST BUY BUYER MAKES AN AWARD A process that increases opportunity access. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
The FedBid Marketplace Managed Marketplace Push notifications Support and training resources Opportunity Access Exclusive opportunity access no out-of-pocket costs Client Services Clientservices@fedbid.com 1.877.9FEDBID We’re here to help. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY | www.FedBid.com
Matt Kaplan Seller Community Supervisor matt. kaplan@fedbid. com 703 Matt Kaplan Seller Community Supervisor matt.kaplan@fedbid.com 703.663.9335 Client Services clientservices@fedbid.com 1.877.9FEDBID FedBid, Inc. • www.fedbid.com