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Liquidity Services online channel creating greater efficiency, speed and more competition for corporate America’s surplus property resulting in higher recover rates

Services
Retail
Not Public

Liquidity Services, Inc.


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Bill Angrick
Chief Executive Officer

Interview conducted by:
Walter Banks
Co-Publisher

CEOCFOinterviews.com
August 2002

Interview Highlights:

- What are the 2 business units of Liquidity Services?
- When was the company founded and who were its founders?
- When did they move to Washington D.C. and develop their software and technology platform?
- What two areas do they focus on with their service to convert surplus property into cash?
- Where do they conduct their options for surplus property?
- What gives them an edge on their competition?
- What services do they offer that help to enhance their unique offering?
- Do they protect their clients names and brand names?
- How long does it take them to execute a sales program?
- What is it that enables them to move product so much faster than traditional liquidators of surplus?
- Does their service enable their clients to experience a higher recover rate for their surplus property?
- What is the process for moving product from a client to a buyer?
- Are their clients responsible for shipping?
- Do they provide warehousing for clients property?
- Does their financial status enable clients to have confidence in their services?
- How do they generate their revenues?
- How many unique visitors come to their website each month?
- Which is their top revenue producer right now, the corporate website or government liquidation?
- What type of merchandise do they move through their Government Liquidation website?
- What types of buyers go to their Government and Corporate surplus sites?
- What industries have been showing success on the corporate liquidation.com site?
- What is driving awareness within Fortune 1000 clients?
- For the first time buyer, what is the value of buying through Liquidation Services rather than traditional channels?
- Do buyers have to pay Liquidity Services a fee to participate in one of their auctions?
- Are they expecting a greater penetration into serving Fortune 1000 companies?

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