iSalvage.com Launches Online Business to Business Marketplace for Recycled Auto Parts
12 June 2000
iSalvage.com Launches Online Business to Business Marketplace for Recycled Auto Parts
NEW YORK - iSalvage.com, an online business-to-business marketplace connecting suppliers and buyers of recycled and remanufactured parts , announced today the successful completion of its pilot test and the official launch of its first Web site (www.isalvage.com), which will focus on the automotive market."We're very pleased to announce the successful conclusion of our pilot program and the opening of our new site to all commercial parts suppliers and buyers," said Jeff Stotland, CEO. "We've incorporated a completely new look and added many new features to the redesigned site as a result of our pilot program learning. Today's launch is an important milestone for the company and marks our transition from a development phase to a growth and expansion phase."
iSalvage eliminates the problems that face both buyers and sellers of recycled parts. Parts sellers benefit by being able to post their salvage yard's inventory on iSalvage's Web site. By utilizing iSalvage, a salvage yard's buyer base can be extended beyond its typical local area to regional and national locations, while reducing the yard's need for expensive phone-based customer service to answer basic inventory questions. Parts buyers benefit as well, because iSalvage makes it easier for them to compare prices, quality and shipping time for a greater supply of parts, making their parts buying experience easier, more reliable, and more cost-effective.
While many other parts sites offer only a 'search' function and then require buyers to call a supplier to conduct the transaction, iSalvage lets buyers search for parts and, more importantly, makes it convenient to buy parts online and track part deliveries to the buyer's door. In addition, iSalvage offers a dedicated customer service team to handle returns or exchanges, when necessary.
"Our start to finish online marketplace is what makes us different," Stotland noted. "The stringent conditions we place on the quality of our supply and the ability to conduct an extensive search for parts is just the start. It's the ability we offer to purchase online and our strong customer service focus and order fulfillment that really establishes iSalvage as the premier online venue to buy and sell recycled auto parts."
About iSalvage.com
iSalvage is an online business-to-business marketplace connecting buyers and suppliers of recycled and rebuilt parts, with its initial focus on the automotive market. Headquartered in New York City, iSalvage was founded in 1999 and received its initial funding from Angel Financing, divine interVentures and Sentinel Capital Partners. iSalvage is now available to all commercial auto buyers and suppliers on the east coast of the United States. The company will expand its services to the rest of the country in the next few months.
