MediaTrader Media Buyback Program. Media Buyback Used CD’s, DVD Movies and Video Games are building up in peoples homes Given a convenient way to dispose.

Slides:



Advertisements
Similar presentations
Chapter 10 Fashion Distribution Buying Fashion Selling Fashion.
Advertisements

Ind – Develop a foundational knowledge of pricing to understand its role in marketing. (Part II) Entrepreneurship I.
“Our case is the RYTEcase” YTEcase.
Cash Register Express POS Software. Why Computerize? ● Speed Customer Checkout (faster than a cash register) ● Reduce Theft (2 %) ● Reduce Shrinkage (2.
The Amazon.com Merchant Platform February, What Is A Marketplace? Online marketplace- Refers to a type of Ecommerce site where product and inventory.
Discover How My 11yr Old Daughter is Getting Sales Online And YOU Can Too!
Making money from social media. Premium.
What should a plan include? Ted Mitchell. Choose a Target Market Recognize what they are buying 1) High end, place to relax, meet, ruminate, study, 2)
Chapter 23 Pricing & Promotion
Why Melaleuca is a Different Kind of Company!!
MERCHANDISING BUSINESS -joemargarciacunanan. DEFINITION OF TERMS Merchandise inventories – represent goods intended for sale. Inventories include only.
Income Statements. Income Statement One of four financial statements issued by a business Reports the amount a company has earned between 2 balance sheet.
Employ product-mix strategies to meet customer expectations
Copyright  2004 McGraw-Hill Australia Pty Ltd PPTs t/a Marketing 4/e by Quester, McGuiggan, Perreault and McCarthy 13–1 Part 3: The marketing mix Chapter.
Transforming Real Estate From The Inside Out. Today’s Agenda Introductions Listingbook the company Listingbook is Partners with your MLS How Listingbook.
Welcome! Presenter: Sam Foster. Major Topics To Be Covered In This Presentation Content Management System Amazon, eBay, and Gun Broker Integration Shopping.
Create a new revenue stream Fastway Couriers are excited to offer Parcel Connect, a new delivery service where consumers can send and collect parcels.
Chapter 26 Monopolistic Competition. Slide 26-2 Introduction A number of firms, including Hewlett-Packard, Wal-Mart, Microsoft, and Amazon all are trying.
ELECTRONIC COMMERCE MIS E MARKETING LECTURER INCHARGE- ALM AYOOBKHAN
Copyright © 2011 Pearson Education CHAPTER 9. Copyright © 2011 Pearson Education  Successful companies embrace the Internet as a mechanism for transforming.
E-Commerce. What is E-Commerce Industry Canada version Commercial activity conducted over networks linking electronic devices (usually computers.) Simple.
What do you get when you combine two leaders in their respective fields?
Reta Elston, Angelica Thompson, Corinne Yartym, Jillian Heft A Parody.
Make Every Customer a Best Run Business The Best Run Businesses Run SAP Distribution & Inventory Planning Customer Relationship - Sales Finance & Accounting.
© 2012 Cengage Learning. All Rights Reserved. SLIDE MARKETING (part 2) Price and Distribute Products Goal 1Discuss how the selling price of a product.
BigIron.com Online Auctions. IR NAME Independent Sales Representative (###) ###-####
4.04 EMPLOY PRODUCT-MIX STRATEGIES TO MEET CUSTOMER EXPECTATIONS.
To Tell You Where To Go & What To Present In A Bad Economy Prospecting For Small Veins of Gold.
Buying and Selling Equipment Between personal and school purchases, I have bought and sold an insane amount of stuff online.
IB Business Management
The Concept of Marketing Strategies
Making Money with Windows Phone Applications and Games Todd Biggs, Director of Product Management John Bruno, Lead Program Manager.
P.Chandiran.  Many assumptions in traditional models does not suit reverse inventory  Both demand and supply of returned products not predictable 
[Company Name] [Your Name]. Here to Help! I AM [your name] Selling real estate since ____ You can find me at: [add contact info] Upload Photo & place.
Understand the preparation of fashion merchandise buying plans.
Aspects of the placement decision
Chapter 13 Retailing and Wholesaling. Topics to Cover Wholesaling.
NWAutolinkPresents…. NWAutoLink was built with our members in mind. Being from the auto industry ourselves we noticed that change needed to be made. For.
Design 11 Mr. Jean October 2 nd, The plan: Video clip of the day The Design of War Product Design & Digital Communication Launching a product –Product.
Chapter 14.   Retailer – a business that sells to the final user (consumer).  Wholesaler – a business that sells to retailers. The Operating Cycle.
TOP 10 SUCCESSFUL ONLINE BUSINESS By: Marissa Duenas.
E-Marketing/7E Chapter 12
Chapter 1: Internet Marketing Foundations. Chapter Objectives Describe how computers and servers communicate to enable people to interact with webpages.
An objective Cashcrate Review. Can I make money with Cashcrate?
Generally, subscription management software, commonly referred to as free recurring billing software, allows many businesses today.
Entertainment Pricing. P P P P The Marketing Mix—The Four Ps 2 involve the goods, services, or ideas used to satisfy consumer needs. Product Decisions.
Direct and Online Marketing: Building Direct Customer Relationships
We are full service web developers specializing in providing dynamic e-commerce solutions to the antique business market.
Employ product-mix strategies to meet customer expectations
Direct and Online Marketing
For ad hoc print and mail consolidation
Point of Care Programs Jeff Azevedo
ELECTRONIC COMMERCE AND INTERNET MARKETING, PART I
Employ product-mix strategies to meet customer expectations
A Journey With Chris Smith
Physical Distribution
Automotive CRM Software? WHY SHOULD A BUSINESS IMPLEMENT.
Hotel Restaurant Reviews and Feedback Script Online Food Ordering and Delivery Script PHP Restaurant Scripts Open Source Restaurant Booking Script
e-Commerce: Buying and Selling on the Internet
Section 1: What is Supply? Section 2: The Theory of Production
Marketing Your Product
Direct and Online Marketing: Building Direct Customer Relationships
Direct and Online Marketing: Building Direct Customer Relationships
Growing your business with mail Scheme for Growth
The Ultimate Listing Presentation
Chapter 10 Fashion Distribution Buying Fashion Selling Fashion.
Place - Channels of Distribution/ International Marketing
Target Costing and Cost Analysis for Pricing Decisions
Coach Realtors [Your Name]
Presentation transcript:

MediaTrader Media Buyback Program

Media Buyback Used CD’s, DVD Movies and Video Games are building up in peoples homes Given a convenient way to dispose of these items and earn a few dollars, most consumers are happy to sell their unwanted media

Media Buyback Properly equipped retail outlets can become “Media Traders” Buyback and resale of media can be profitable because: Items are sold at very high margins Shipping margins are substantial

Media Buyback To make money selling media: Many units must be sold A fast and easy way to get product from the customer is needed Product must be posted to the online marketplace right away Many units must be shipped quickly and efficiently

MediaTrader Software Media Trader is a full inventory and order management solution being used in iSold It stores Designed for retail buyback of media items to be resold in the Amazon Marketplace Written and tested from the ground up with the retail environment in mind A trial of MediaTrader will begin shortly in selected Postal Connections stores

MediaTrader Software MediaTrader is a complete media sales software tool organized to optimize workflow : - Product Search - Unit Pricing - Seller Payout - Product Review - Market Upload - Orders Download - Product Pick & Packing - Print Postage

MediaTrader Home Screen

A Model of High Volume Selling prices for most media items are low, but margins are very good (60 to 75%) Shipping margins are also strong, usually around 40% Many units must be sold in order to realize serious profit High volume sales are profitable when labor costs are minimized

Efficiency = Profitability Efficient intake, product launch and orders processing makes media buyback profitable MediaTrader software and integrated processes reduce labor while allowing for high volume media sales

Efficiency = Profitability MediaTrader was designed to maximize efficiency: Seller interactions at the counter Quick product identification and pricing Upload to marketplace Orders Processing

MediaTrader Intake Screen

Amazon Marketplace Amazon.com is the dominant marketplace for media Amazon encourages media sales and provides reasonable shipping margins on most media items Media is sold on Amazon’s existing catalog – no photos to take, no descriptions to write

Store Results

Case 1: iSold It NY0191 Results DecJanFebMarAprilMay Items Shipped Avg Price$7.97$5.97$5.61$4.61$3.86$4.99 Avg Margin$5.49$4.21$3.74$3.32$2.55$3.26

Case 1: iSold It NY0191 Results Store using MT for over a year Selling media on Amazon for over two years Typical monthly is around $2000 Some months result in over double that amount

Case 2: Hitting the Ground Running MarchAprilMayJune Units Sold Avg Price$8.32$4.48$6.52$5.58

Case 2: Hitting the Ground Running An actual store's first 4 months using MT Never had handled media before Cleared over $1300 in profit in 4 th month (3 rd full month) Targeted existing customers and made new ones to get success

How to Succeed Need to get the media From existing customers From new customers Knowledge of this service in the community can lead to many new customers Mentioning the new service to all of your existing customers will make a world of difference

Advertising Incorporate into existing advertising (print ads, etc) Signage in and outside of store Bulk or send letters to existing customers Classified ads Corporate will be providing new signage and other materials

Advertising

Stores Using MediaTrader More than 15 iSold It stores are currently active using MediaTrader More are rolling out each month Each new store is receiving full training

MediaTrader Consumer's have lots of product in their homes that qualify for buyback Media buyback and online sales is an easy way to add a new revenue stream for retail outlets Reasonable profits are easy to achieve Efficiency is essential MediaTrader software and integrated processes make media buyback easy and profitable