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MusicMagpie
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=== Proprietary technology drives the buy and sell processes === The company’s technology platform and warehouse management system platform have been developed in house. They ultimately drive the buying and selling price decisions for each product so the trading margin is optimised and stock obsolescence is minimised. The company’s core ‘buying’ technology, ALIVE, has data including over 10 years of MMAG’s transactions and information on 2.5m products that drives the instantaneous decision on whether to buy a product and the price that should be offered. The ‘selling’ technology, WARP, optimises the selling price and handles the product listing across the different sales channels, with interfaces to Amazon and eBay, which enables management to see competitor availability prices and decide where the best price can be achieved.
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