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Presentation Slides & Transcript
A network that connects
retail and wholesale
How do buyers find new products today?
Trade shows
Google
Comp Shopping
Magazines/Press
Receive Proposals
How do vendors find new customers today?
Trade shows
Personal referrals
Cold Calls/Emails
Sales Reps
This is looking for a .
Turns out that is the perfect item,
but the buyer has no idea it even exists!
How wil she it?
Let’s look at an example
She searches but finds them difficult to
use for product search. She goes to the but there
are over 2800 exhibitors at the show! She only has time
to visit a handful of them. She visits competitors and
scours looking for but the company
that sells the lamp is young and emerging.
is a nice product, but are not
returning calls or emails. The company spent
to get a booth at and hired a sales
representative that takes a 10% commission .
What about the seller?
Don’t fret! The seller found and listed
their company on it for a fraction of the cost to exhibit at
a trade show. The buyer also found ,
searched for and found . She can now
easily search for products and filter through wholesale
vendors by specific criteria. Next week she will log-on to
search for products that are .
The first and only centralized database
that enables retailers and vendors to search
for and connect with each other.
We are starting in home products and housewares
focusing on small and mid-sized retailers
and vendors that sell to those companies.
Retail:
Some of the Companies We’ve Consulted With
Wholesale:
Retailers: Perform Detailed Vendor Search
Retailers: View Vendor Profile
Retailers: View Products
Vendors: Perform Detailed Retailer Search
Vendors: View Retailer Profile
Vendors: View Products & Send Proposal
Response
“The concept of MerchantFuse has great potential.”
-Jeff Siegel, CEO Lifetime Brands
“Streamlining any process between vendors and retailers would be very welcome indeed.”
-Ira Neimark, Former CEO Bergdorf Goodman
“Please keep us updated.
It is a very good idea.”
-Chase Hoyt, CEO Wine Doctor
30 companies have
already signed up!
"I love what you have shown me."
-Scott Steele, Sales California Clock Company
Development Phases
Searchable database (Launch Fall 2012)
Add features to streamline paperwork, credit checks, product specs, and supplier reviews.
Introduce wholesale e-commerce marketplace.(mid-2014)
Revenue
Always free for retailers
Revenue from vendors:
Sign up fees
Subscription for premium accounts
Commission on wholesale transactions
Marketing
Email, phone, and web marketing
Partner with trade associations
Walk trade shows, make new contacts
Incentivize users to share experience within professional networks
Daniel Merns – Founder & CEO
Worked at Bed Bath & Beyond as assistant buyer for 3+ years. Family background in retail business (apparel). BA Trinity College 2006, MBA Columbia Business School 2012.
Zaki Aziz – Co-founder & CTO
Former CTO of CaterMyDate.com, studied computer science at SUNY Stony Brook 2007-2011.
Team