AI and Wholesale: Bazarr.ai Building the Future of Wholesale Market Making
AI-Powered Market Making That's Changing the Game - Conversation with Alon, CEO of Bazarr.ai
💡 The Core of Bazarr.ai:
Co-Founder & CEO: Alon Shrier, naval officer turned entrepreneur
Founded in: 2023
Website: https://www.bazarr.ai/
Building the AI Deal-Engine For Wholesalers
Keywords: #Wholesale #MarketMaker #AI #ProductDiscovery #Ecommerce
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🔍 AI-Powered Deal Engine for Wholesalers
Bazarr.ai stands out by providing an AI deal engine designed to help online wholesalers grow through AI-generated resale deals.
Alon shares how this innovative approach is changing the landscape of wholesale by making processes more efficient and profitable.
“Why we call it Bazarr with the double ‘r’, because Bazaar with double ‘a’ is the original wholesale marketplace that was founded in 1455 in Turkey.
And what we're trying to do is creating the new marketplace, and I call it the market maker.” ——— Alon
🔄 Transforming Product Sourcing with AI
One of the biggest challenges in wholesale is finding profitable products.
Bazarr.ai’s solution? An AI-driven engine that matches wholesalers with the best-fit products, taking into account numerous parameters to ensure high profitability and reduced risk.
Amazing Fact: Bazarr.ai’s model boasts a 90% accuracy rate in predicting successful products on Amazon USA, translating into substantial savings and increased revenue for wholesalers.
🌐 Creating a Smart Market Maker
Bazarr.ai goes beyond being a traditional marketplace. It’s an active market maker, automatically matching suppliers and wholesalers to create lucrative opportunities. This innovative approach minimizes manual work and maximizes efficiency.
How It Works:
Wholesalers log into Bazarr.ai, enter their budget and Amazon profile, and get matched with top products.
Suppliers integrate their products into the system, allowing Bazarr.ai to create exclusive offers and facilitate bulk purchases.
📈 The Journey Ahead: A Vision for the Future
Alon envisions Bazarr.ai becoming the go-to market maker, revolutionizing how products are sourced and distributed.
By August 2024, they aim to launch a full product offering model, further enhancing their platform's capabilities.
Future Outlook: In five years, Bazarr.ai aspires to be the omnichannel experience for brands and wholesalers, providing a seamless, one-stop-shop solution for all their needs.
🛥️ From Naval Officer to Tech Entrepreneur
Alon's journey from serving as a naval officer to becoming a tech entrepreneur is inspiring. During his eight years in the Navy, he honed resilience and leadership, essential qualities that have fueled his entrepreneurial spirit. The strong bond formed with his team over a decade ago has been a cornerstone of their success.
Join the Conversation!
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