Online Sellers and Retailers

Buybak contracts with existing online and offline retailers (MarketMakers) in the Consumer Entertainment (CDs, DVDs, Video Games and Books (soon)), and Consumer Electronics (soon) and other markets with an online purchasing, reverse logistics and supply channel solution for highly desirable (lower cost), high margin pre-owned product sourced directly from the seller. Buybak MarketMakers are provided with online tools to select and/or add products to purchase back online, expert/historical pricing data to accurately price buyback inventory and business processes to manage orders sourced directly from sellers via the Internet. MarketMakers will also be able to self-generate items for purchase outside of Buybak's created buyback categories (soon). As sites like eBay and Amazon have grown to sell previously owned product - retailers/online sellers who arguably sold the new item to that particular person initially are left out of the online secondary sale, due to their inability to offer an online buyback program of their own.

Buybak solves the following problems and offers the following benefits:

• Provide MarketMakers with their own capability to purchase "no longer wanted" inventory from U.S. Households and other retailers at wholesale prices. Currently retailers are unable to purchase pre-owned product online without significant development expense or through today's auction or fixed priced marketplaces; or offline in sufficient quantities.
• Provide sellers (U.S. Households and overstocked retailers) with the ability to sell immediately their no longer wanted inventory for cash or credit.
• Provide both sellers and MarketMakers centralized order and payment processing through a single site.