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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! November 13, 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 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 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 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 Matt Kaplan Seller Community Supervisor matt. kaplan@fedbid. com 703
Matt Kaplan Seller Community Supervisor Client Services FEDBID FedBid, Inc. •


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