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All Press Releases for January 22, 2000 Subscribe to this News Feed    
 

Refurbished.com, a New Online Directory Gives Consumers, Businesses and Institutions a Tool For Finding Refurbished or Used Merchandise in The Net!

MIAMI, Fl., January 21, 2000 - Consumers and commercial entities who want to save money by buying refurbished or used merchandise are now able to find virtually any product through refurbished.com (www.refurbished.com), a web site designed exclusively to list the thousands of companies selling products in the secondary market, a multi-billion dollar industry.


Visitors at the site can search or browse through a myriad of products, divided by categories, including desktop computers, notebooks, telecom, home electronics, medical, musical instruments, office equipment, fitness, auto parts, point of sale, furniture, cellular phones and machinery. By Summer, Refurbished.com will add more important categories and sub-categories such as Appliances, Sports, Print Cartridges, Broadcasting and Photography. Finally, by year-end, it will lunch AuctionFurb - An online auction dedicated to refurbished products.


Expecting a huge traffic coming from non-US users, refurbished.com has established mirror domains in 15 key countries including important emerging nations such as Mexico (refurbished.com.mx), Brazil (refurbished.com.br), Argentina (refurbished.com.ar) South Africa (refurbished.co.za) and Romania (refurbished.co.ro). Beginning in June, 2000, refurbished.com will change some of these domains from mirrors to actual web sites, reflecting their local languages and Cultures.


"The impact of these new country specific sites will be tremendous, considering that these emerging markets are already responsible for the biggest chunk of the export of US refurbished goods, specially in the areas of machinery, farming, road building, medical and office (copiers and high speed printers.)" Said Marcos DaSilva, president of refurbished.com. "These local sites will list only companies that already have a local presence or are interested in exporting their products to that specific country."


In that same line of creating more targeted sites, the company will also invest on developing a stronger presence in Europe with the further development of refurbished.co.uk (currently a mirror domain.)


The site is free for visitors but listed companies pay advertising fees, if they want their company listing to have some extras such as premium placement, highlights, icons, company directions... etc. Companies not willing to pay can still place their sites in the directory but will not have these extras. Advertising revenue will also come from banners placed throughout the site. Additionally refurbished.com will generate revenue by charging commission for the AuctionFurb feature, once it has been in place, next winter.


About Refurbished.com
Based in Miami, Florida, Refurbished.com is a site owned by American Systems, a privately held company. Its vision is to explore the power of the internet to facilitate users of this global network to access companies selling refurbished products of every kind, ranging from a simple print cartridge to a bulky road building tractor. The idea first started in 1996, when AmericanSystems had the refurbished.com site dedicated to selling refurbished computer equipment to South America. They soon realized that the site's potential was tremendous if instead of selling their own product they open the site to every company in the secondary market industry.


Contact Information:
Ms. Simone Juhasz
marketing@refurbished.com
+1 305 383 3086

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Marcos DaSilva
Refurbished.com
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