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Allow buyers to self-serve
Increase prices by 3%-5%
Stock List is always up to date
Custom-branded site
PhoneX Storefront features
Real-time online Stock List
Allow your buyers to browse, buy, and make offers 24/7.
Automatic stock alerts
Show testing & grading info
Multiple payment methods
Automatic daily stock email
Never double-sell stock
Highly customizable
Additional sales channels are available to enterprise clients. See Auctions and open PO system.
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“We know our profitability every second of the day. If you don’t know how much money you are making, how do you optimize your selling prices?”
Business owner
Intelligent pricing
Know exactly what you’re making on every SKU and grade every second of the day with analytics.
See SKU-level profitability
See margins across grades
Competitive edge on pricing
Instantly change list prices
See what's moving too slow
Full picture of profitability
Offer clearing
With all your offers in one place, you'll always know exactly where the market is.
See all your offers on one dashboard.
Data helps you make smart decisions about offers.
Accept, reject & counter offers in real time.
Buyers like not having to wait for a sales rep.
Buyer & order management
PhoneX handles all of the tasks you do every day and automates away all of the headaches.
Manage your customers and your orders.
Let customers download their IMEI manifests and invoices 24/7.
Let customers add to or modify their own orders.
Customize settings to match your order and fulfillment statuses.
Connect via spreadsheet upload or API to your ERP, warehouse management or accounting system.
Virtual inventory
Increase inventory turns by creating virtual warehouses to sell wholesale cell phones that will be available soon.
Buyers see virtual inventory as a separate warehouse on the Stock List.
The system automatically creates orders as inventory comes in.
Allow operations to ship items before having to stock them.
Specify shipping and fulfillment times.
Machine learning
Non-linear algorithms analyze millions of data points on demand, availability, and purchasing to recommend pricing and offer clearing decisions.
It took 3 years and a team of data scientists to develop these decision-tree-based ensemble algorithms.
The algorithms predict optimal prices and offer-clearing decisions with 85%-90% accuracy.
The system points out opportunities to increase prices while balancing selling velocity, and to reduce prices when selling velocity will have more economic impact.
The algorithm recommends whether to accept or counter an offer, based on availability, offer amount, and recent demand data.
Easy content management
Use a simple program to manage your brand and the content you want on your customizable storefront site.
Display your testing & grading.
Make changes on the fly.
Customize your site with your brand and logo.
Describe your offerings.
Host your terms & policies.
Grow YOUR brand.
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Fully encrypted & secure
We are serious about security. We know your customers are your business. We follow top security practices, verified by an independent technology security auditor. Want to know more? Contact us >
Your customer data is always encrypted and secure.
We engaged third-party auditors that can attest to our security.
The PhoneX team can't access your customer information.
FOR ENTERPRISE DISTRIBUTORS
Auction channel
Run periodic auctions to drive real-time competition and higher prices when liquidating wholesale cell phones.
The system auto-increments buyer bids up to a maximum bid.
Popcorn functionality automatically extends bidding times in the final minutes.
Easily build auctions with any number of lots.
Stagger lot closing times individually or in groups.
Exercise full control over awarding lots and modifying winners or prices.
FOR ENTERPRISE DISTRIBUTORS
Open PO system
Presell agreed-upon inventory quantities to select buyers and manage allocations to these buyers automatically.
Enter purchase commitments from buyers for set periods or date ranges.
Automatically reserve a specified percentage of new inventory for PO buyers, so you can honor your presale deals and keep buyers happy.
Seamlessly allocate inventory as it comes in to multiple buyers across hundreds of SKUs to ensure that buyers receive fair, consistent allocations based on PO awards.
PhoneX Storefront onboarding
Three ways to connect your systems to PhoneX Storefront
Contact our sales team to find out which onboarding path is best for you.
Connect to your existing ERP, accounting system, or warehouse management system via API.
If you operate with spreadsheets, use PhoneX's built-in tools to easily upload your files and sync your data.
Use PhoneX as your system of record for inventory, customers, and orders.
“Do you remember when the Dubai and Hong Kong markets collapsed in 2018? We almost went bankrupt. From then on, we realized how important it was for us to watch our data closely and to diversify our customer base. Today, we know the second a single SKU is moving too slow, and no customer accounts for a high percentage of our business. That's the only way to stay ahead in this business.”
Executive*
*We take privacy seriously. Your customers are your business. This quote is anonymous, because we don't list our partners, either.
“Four years ago, we had five reps, and we were managing half of the number of customers that we manage today with two reps. These savings alone were worth hundreds of thousands of dollars a year to the company. Why would you pay people to do low-value activities that you can accomplish with technology?”
Sales rep