Enable Holdings, Inc. is a leading excess inventory solutions company that links brand name sellers with customers around the globe. Previously known as uBid.com Holdings,, Inc. they recently changed their name to match their new strategy. Enable Holdings, Inc. has over ten years experience in online commerce. Headquartered in Chicago, Illinois, they trade on the OTCBB as part of the Catalog and Mail Order Houses industry in the Services sector.
Enable Holdings, Inc. provides excess inventory solutions through five sales channels. They have their online auction platform located at http://www.ubid.com. This auction website sells inventory to millions of monthly visitors. They have their fixed-price commerce solution RedTag.com, which sells excess inventory from the world’s most trusted brands. They also have their offline excess inventory solution RedTag Live!, their brick-and-mortar sale events, which provide an immediate excess inventory solution.
In addition, they have their business-to-business solution Dibu Trading Company. This wholesale trading company moves large quantities of excess inventory. As well, they have their private auction software company Commerce Innovations, which custom software facilitates securely held private auctions of large excess inventory lots.
Enable Holdings, Inc. is in their eleventh year of operation and they have sold over $2 billion of excess inventory. As of April 1, 2008, they had approximately 80 full time employees. Their five sales channels have individualized revenue structures and separate financial reports to maximize each channel for greater future growth.
The Company is benefiting from current economic trends as Enable Holdings helps manufacturers/retailers reduce excess inventory. They also provide consumers with access to brand name inventory using integrated after-retail channels. Enable Holdings Inc. has six million buyer records in their database. They also have 7,000 corporate relationships in retail and manufacturing, as well as 25,000 corporate buyers.
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