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Welcome to the Marketplace

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Presentation on theme: "Welcome to the Marketplace"— Presentation transcript:

1 Welcome to the Marketplace
Boost Efficiencies and Grow Your Business Using FedBid! September 19, 2018 © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

2 What is FedBid? FedBid is an online managed marketplace
that is changing the way organizations buy and sell. FedBid, Inc. •

3 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 |

4 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 |

5 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 |

6 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 Remove mystery or any confusion about FedBid- maybe even shatter a few myths FedBid, Inc. •

7 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 |

8 In 2012, FedBid Buyers Bought:
electric Components LAB EQUIPMENT COMMUNICATIONS hardware IT HARDWARE & SOFTWARE FURNITURE Office supplies SERVICES © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

9 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 Real opportunities RFP/RFB Relevant opportunities FedBid, Inc. •

10 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 |

11 Increased Efficiencies
MINIMAL RESOURCES NECESSARY Uniform Process Reduce Cost New Opportunities Reduce your costs per bid. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

12 Training and Support Services
Webinars Wednesdays at 1:00 PM EST Training Videos Video tutorials about your account, your Dashboard, and bid submission Client Services FEDBID We’re here to help. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

13 Buyer Benefits EXTEND REACH OF PROCUREMENT RESOURCES
PROMOTE CORPORATE SOCIAL RESPONSIBILITY OBJECTIVES PROMOTE CORPORATE SOCIAL RESPONSIBILITY OBJECTIVES—SB utilization EXTEND REACH OF PROCUREMENT RESOURCES—ease of use/accessibility FUEL GROWTH—access to market leading companies IMPROVE AUDITABILITY AND MITIGATE RISK FUEL GROWTH © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

14 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 |

15 The FedBid Marketplace
Managed Marketplace Push notifications Support and training resources Opportunity Access Exclusive opportunity access no out-of-pocket costs Client Services FEDBID We’re here to help. © FedBid Inc. | CONFIDENTIAL AND PROPRIETARY |

16 It All Starts Here… FedBid, Inc. •


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