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

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ToolingMarketPlace.com Connects Buyers and Sellers of Machine Cutting Tools

For the first time, a new website brings together buyers and sellers of machine cutting tools in a uniquely convenient and cost-effective manner.

Imagine, a $3.6B industry in the United States with no viable solution for over $1.0B in surplus and overstock goods. That is what manufacturers and consumers in the U.S. Cutting Tool Industry have been experiencing in recent years. With so much excess inventory, businesses within the machining industry were vulnerable to large losses in connection with unused goods.

Earn more than pennies on the dollar!

In the past, when a machining company updated to new versions of insert chipbreakers or grades they had no good way to manage the resulting surplus inventory. Many industry companies turned to tool recycling or scrap metal recycling companies to unload the inventory. Although it is good for the environment, the metal recycling programs are not cost-effective because they only pay about $.10 on the dollar. For most manufacturing companies, this did not result in a significant source of revenue.

If materials were not recycled, inventory simply built up in warehouses and stockrooms nationwide – waiting to be managed at a later time. With no viable solution, the cutting tool surplus simply sat unused and inaccessible to potential buyers.

A Win-Win Answer

Thanks to toolingmarketplace.com, there is now a way for manufacturers, industrial distributors and end users alike to liquidate surplus inventory in an efficient and cost-effective way. On the website, sellers can list the tools they are offering for sale and buyers can peruse the listings to find a great price on the tools they need. All materials are in new and unused condition, and sales are managed securely and efficiently.

Rather than sitting on unused materials at the close of the year, sellers can now offer the materials directly for sale to buyers across the world who are searching for those exact cutting tools. ToolingMarketPlace.com represents a unique buying opportunity for industrial distributors that offer integrated supply or commodity management programs. In this way, suppliers can provide cutting materials for brands they do not currently represent. Rather than registering as a “site specific” supplier or purchasing cutting products from another distributor that is authorized for that supplier, companies can purchase the materials they need directly from sellers. Distributors can search ToolingMarketPlace.com for the exact brand, grade, chip breaker, or other machine cutting tool they need for each client and purchase them at a greatly reduced price. This results in significant cost savings for the buyer and effective revenue generation for sellers.

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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 Connects Buyers and Sellers of Machine Cutting Tools 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.