Learn More – Seller (general) – Why Pharmabid.com

• PharmaBid was designed and developed by a team of pharmaceutical and financial executives to drive economy and efficiency to the pharmaceutical supply chain.
• The largest pharmaceutical online auction focusing on the small to medium sized wholesalers, distributors, manufacturers, and specialty distributors.
• The largest selection of accredited wholesalers, distributors and manufacturers who have been reviewed and approved by the PharmaBid staff.
• Best-in-class technology to save sellers time and maximize pharmaceutical dollars.
• The technology leader with a focus on customer service. Live contacts that can help a seller navigate the website and help place bids.

Learn More – Seller (with challenges that Pharmabid solves) – Pharmacy Challenges

Distributor Challenge – Qualified Leads

A seller can spend hours on the phone just to make a handful of qualified leads.

• Log-in to Pharmabid and you will immediately see qualified leads from independent pharmcies, chain pharmacies, and hospitals.
• Pharmabid uses their own resources and contacts to insure a steady stream of pharmacies looking to procure product.

Distributor Challenge – Expanding Markets

Sellers are challenged with breaking out of their known relationships and/or territories

• Sellers are only challenged by which states they are licensed to wholesale in. A regional distributor can easily become a national supplier.
• Pharmabid works with some of the largest pharmacies across the country.

Distributor Challenge – Name Recognition/Advertizing

Sellers are challenged with lack of brand recognition and being able to get their name out in the marketplace.

• Sellers will always have their name branded on our site so if all things are equal or close a pharmacy can choose the seller that they are comfortable with.
• Sellers without brand recognition also will benefit by having their bids compared side by side to some of their better known competitors.

Distributor Challenge – Profitable Orders

Sellers chase around orders to get a handful of items to ship while not maximizing their shipping.

• PharmaBid encourages pharmacies to put out to bid weekly and monthly volumes to help take advantage of economies of scale, which translates to larger orders for the sellers.
• PharmaBid also allows pharmacies to pool their buying power together with other pharmacies in an effort to maximize their buying power and in turn creating larger orders for the sellers.

Distributor Challenge – Inventory

Damaged or short dated goods sit on the shelf with no buyers. Pharmabid provides a section for sellers to close out product. Thousands of pharmacies will be able to see your closeouts with a click of the mouse.

Distributor Challenge – Cost of Entry

A lot of selling opportunities are too expensive to get involved in (buying groups, GPO’s, etc.)

• It costs the seller nothing to bid on Pharmabid. Bid as often and as much as you would like. You are only charged a fee when you win the business.
• You will know exactly what the fee is up front before you place your bid and the fee continues to go down as the pharmacies bid larger volumes.

PharmaBid Value Proposition

• Unique bidding technology for pharmacies to maximize their buying power.
• No more chasing leads and customers. Only qualified leads can be found at Pharmabid.
• Access to some of largest pharmaceutical buyers in the country.
• Free advertising and recognition just by bidding at Pharmabid.
• Access to thousands of pharmacies to move unwanted inventory.
• NO CHARGE for sellers to bid at PharmaBid.

Sign up for www.pharmabid.com and join the pharmaceutical revolution.