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Products Plus, Inc.

Products Plus, Inc. Sarah Kibbe Patrick Hile Michael Pena Carly Wallace. Introduction . Liquidation of excess stock Staff of eight Estimated worth is $70 million. Company History. CEO & Founder Bruce Warneck SJSU Graduate Corporate World? Entrepreneur Products Plus

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Products Plus, Inc.

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  1. Products Plus, Inc. Sarah Kibbe Patrick Hile Michael Pena Carly Wallace

  2. Introduction • Liquidation of excess stock • Staff of eight • Estimated worth is $70 million

  3. Company History • CEO & Founder Bruce Warneck • SJSU Graduate • Corporate World? • Entrepreneur • Products Plus • Created on October 16, 1987 • Became incorporated in 1991

  4. Current Status • Products Plus • $70 Million • $450,000 Revenues per Employee per year • 90% of new accounts are from referrals • Deal exclusively in cash transactions • 20% Above Normal Returns!!!

  5. Major Vendors and Buyers • Four main vendors • Kodak • Teac • Bushnel • Motorola • Major buyers • Overstock.com • Excess Cargo • Amazon

  6. Porter’s 5 Forces Model

  7. Strengths & Strategy • Differentiation • Cost Leadership • “Have Fun and Make Money” • Warneck • Company Structure • Corporate Culture

  8. Weakness and Opportunity • External • Economy • Service Providers • Adaptation • Internal • Software Opportunities? • ERP

  9. Products Plus, Inc. • Thank You

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