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Internet Marketing Authors: John Khan, Carmen Gonzalez, Neil McNulty, Elizabeth White, Melih Oztalay

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ToolingMarketplace.com Increases Bottom Line Profits for Manufacturing Companies

An innovative new website helps manufacturing companies reduce losses by offering unused cutting tool inventory directly to online buyers.

The manufacturing industry experiences constant change which can have a significant impact on a company’s budget and income. Whether a manufacturer gains a client, loses a client, or a client requests changes or adjustments to current product designs, the manufacturing company is required to adjust their cutting tools to meet the new demand. When this occurs, the manufacturer is left holding outdated tools in their inventory and footing the bill for new cutting tools.

No Longer Settle with a Business Loss

In the past, unused cutting tool inventory was considered a business expense and companies simply had to cut their losses and move on. The expense of these changes cut into profits, but there seemed to be no way around it. Furthermore, the expense and hassle of storing tools that were no longer used was also a recognized business loss. With few viable options for storing or recycling the product, companies simply accumulated unused inventory. However, thanks to the innovative new services from ToolingMarketplace.com, manufacturers can now buy and sell cutting tool inventory directly with other suppliers, manufacturers, and end users.

Liquidate Old Inventory

This finally allows manufacturers to move out old inventory and reduce losses when they discontinue a project and no longer need the associated cutting tools. Thanks to ToolingMarketplace.com, manufacturing companies no longer have to sit on unused materials. Rather, they can list inventory online and connect with buyers across the world searching for their exact product. For the first time, industrial inventories are accessible to others and companies are able to recoup their losses on unused cutting materials. This also provides manufacturers with greater flexibility because they can purchase cutting products from another distributor as needed for specific projects.

Purchase New Cutting Tools at a Discount

On the website, sellers can list the tools they are offering for sale and buyers can search the listings to find a great price on the tools they need. Distributors can also search the website for a great price on the specific brand, grade, chip breaker, or other machine cutting tool they need for each client. All sales are managed safely and efficiently so buyers and sellers can conveniently and securely interact with one another resulting in significant savings for both the buyers and the seller.

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About ToolingMarketPlace.com

Industrial Surplus Solutions, Inc. strives to be the industrial community’s premier online resource by building a marketplace that serves as a hub for buying, selling, marketing and exchanging products, ideas and information in the industrial community. Our mission is built on the foundation of our values; honesty, integrity, social responsibility and ethical business practices, which distinguish us and guide our actions. We value our customers, and deliver on our promises, in an effort to create sustainable growth in the industrial community through our services and solutions. Our combined leadership brings over 100 years of industrial experience. www.toolingmarketplace.com is just the beginning.

Industrial Surplus Solutions
100 Illinois Street Suite 200
St. Charles, IL 60174
630-561-7270

The post ToolingMarketplace.com Increases Bottom Line Profits for Manufacturing Companies appeared first on SmartFinds Internet Marketing.

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More Stories By Melih Oztalay

I have over 20 years of experience in developing successful, efficient and strategic web marketing and advertising solutions for businesses. Working through an entrepreneurial framework, I have focused on business development, sales, execution, and management. Combining solid knowledge of marketing and advertising with information technology, I have been successful in being able to apply digital technologies to the needs of businesses. As an early adopter of new ideas and technology, my clients are able to benefit from imaginative and effective programs that keep them ahead of their competition.

The Company

Smartfinds is a digital marketing agency working with national and global corporate clients including domestic and off-shore franchise operations with their online marketing efforts. We offer a number of core competencies including web marketing research, analysis, strategies, and tactics; website development and SEO; organic search engine marketing with content marketing and social media marketing; Google AdWords advertising including pay-per-click; Google Analytics and Google Webmaster Tools interpretation; Local Store Marketing including customer ratings and reviews management; and more.

Our entrepreneurial business approach employs open-mind creativity and early-adopter assertiveness along with in-depth planning for business growth. Our goal is to be a strategic partner with our clients focused on increasing traffic to the website, business growth, generate leads, increase sales and revenues.