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Q & A with Suwanee’s Firefly Buys

by Jasmine Jacobs

Allow me to paint what I am sure is a familiar experience. You need a new electronic. The search begins, because being the savvy shopper that you are, you can’t overpay now can you? Of course not. So you pull up all the big box retailers, compare and contrast prices, specs, bundles and accessories. By now, you are overwhelmed with options, and end up purchasing the last option you researched, only to see it cheaper the next time you walk into the store. Well that doesn’t have to be the norm anymore.Gone are the days of scouring the sale pages. Internet retailer, Firefly Buys, compiles sales and deals on everything from electronics to shampoo.

Let’s take a look at the guys who are going to save your fingers from coupon paper cuts:

Your Pitch:
Firefly Buys is an internet retailer offering a broad range of consumer goods for sale through a variety of online channels including marketplaces, drop shipping partnerships, and company run webstores. We specialize in first quality brand name closeouts, as well as in partnering with small to mid-sized niche brands to offer their products online.

Owners:
Ryan Flanegan, Ryan Kuelpman, and Jonathan Katz

Location:
Suwanee. Metro-Atlanta offers us a good balance of affordable warehouse/office space, a broad labor pool, direct flights to just about anywhere, and competitive transit times for freight/small parcel shipments.

Employees:
20-25

Founded:
2007

Funded or bootstrapped:
Bootstrapped!

What Customers Get:
Firefly Buys – Lighting the way to the best products, at superb values, delivered quickly to your door with the click of your mouse. All supported by best in class customer service and people who care. What a bright idea!

How’d You Get The Idea For It:
Our business is constantly evolving based on new ideas, most of which are focused on how to remove inefficiencies in ways that benefit our firm, our partners, and consumers. Whether it’s helping retailers/distributors/manufacturers liquidate excess inventory while providing the consumer with a great bargain, or helping a boutique pet supply brand find new customers to enjoy their products, we pride ourselves on our ability to meet the needs of the market with flexibility, innovation, and a “can do” attitude.

Where do you gain your insights from and how do you stay on top of emerging trends?
We primarily keep up with thought leadership and trends by reading a variety of industry publications (online and print), and by attending variety of conferences/trade shows such as the IRCE, Modex, SES, etc

What’s Unique About Your Company Culture:
We value creating and maintaining long-term relationships with our employees, and our turnover is a fraction of industry averages. We do this by offering competitive compensation/benefits/perks, treating people right, and making sure to make time for fun in addition to work. The result is what we like to call the “Firefly Family”.

What You Need Most Right Now:
Smart, grounded, honest, and motivated people to help us grow to the next level!

 

Read more about them in “Amazon Quietly Making Online Loans to Merchants” by AmericanBanker

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