Overview
MobileReborn.co.uk has carved a niche for itself in the refurbished mobile phone market. The company specializes in the acquisition and reselling of refurbished phones from leading mobile brands. It’s obvious that it depends largely on data-centric acquisition strategies to get an edge in bidding for used phones.
Challenges
MobileReborn.co.uk encountered a number of roadblocks in making their procurement process more robust:
- Limited Market Data: They suffered from the lack of real-time and reliable market data on refurbished mobile phone prices. Since they heavily relied on the market data, it led to inadequate bidding strategies on their part.
- Inefficient Bidding Approach: As they did not have access to comprehensive and reliable market data in terms of prices, they ended up overbidding or missing out on great opportunities to seize profit. This resulted in an inefficient bidding approach leading to losses.
- Time-Intensive Research: Since the used phone market is massive, manually collecting price data from different websites in terms of various models and condition of the phones etc. was not only painfully slow but also inaccurate and unreliable. Thus, competing based on manual data was not viable for them.
Impact on MobileReborn.co.uk
ProWebScraper’s solution created a significant impact on the business of MobileReborn.co.uk:
- Strategic, Data-Driven Bidding: With the real-time and accurate market data at their disposal, MobileReborn.co.uk could go for more data-driven and reliable bids.
- Operational Efficiency: As the process became automated and error-free, it saved significant amounts of time, energy and cost enabling them to focus on the key business operations.
- Market Trends Analysis: With data accumulated over time, the client could make use of it for understanding market trends, enabling them to devise strategies for the future and plan better inventory management.
Conclusion
ProWebScraper’s custom solution for their highly specific challenges transformed MobileReborn.co.uk’s bidding process. With the access to accurate and real-time price related data, they could redefine their procurement strategy. As the process of data collection became error-free and automated, it saved them time and energy that improved their operational efficiency. All of this combined reduced their cost, gave them an edge leading to greater profit margins. This is yet another illustration of ProWebScraper’s robust tools and proven capacity to deliver tailored solutions to meet client’s specific requirements irrespective of market domains.
