How can our marketplace software revolutionise your auction house? Here are two real-life examples to answer this question
Visit AuctionAuction marketplaces have grown in popularity, offering sellers a platform to auction their items to the highest bidder and providing buyers with opportunities for significant bargains.
Auction Marketer has emerged as a leading provider of versatile solutions for companies eager to tap into the potential of marketplaces, whether peer-to-peer or curated marketplace. Bid for Wine and Ekonnect are prime examples of how innovative concepts can transform into groundbreaking businesses, redefining conventional auction practices.
Today, we’ll dive into each on those examples to uncover how our versatile software can support different business needs in all kinds of industries, and maybe also give you some inspo to start your own marketplace business!
Bid for Wine showcases the efficacy of Auction Marketer's platform in addressing niche markets. As a collaborative platform, it connects auction houses and wine enthusiasts, creating a specialised marketplace where sellers can present their wine collections to a discerning audience.
Diverging from traditional auction platforms, Bid for Wine introduces distinct services for auction houses and individual sellers. Auction houses can advertise their upcoming wine auctions to a highly relevant audience, while the marketplace empowers individual sellers to independently list their wines with ease.
The platform simplifies the selling process, allowing sellers to create accounts, upload wine descriptions and images, set initial prices, and define bid deadlines for free. This approach not only streamlines the selling experience but also maximises exposure within the wine community.
Bid for Wine’s commission model, applicable only to successful sales, encourages participation and nurtures a mutually advantageous environment for both buyers and sellers. It has established itself as a leading venue for wine enthusiasts seeking exceptional vintages and rare discoveries.
Ekonnect demonstrates the adaptability of Auction Marketer's software in catering to diverse market needs, focusing on the auction of abandoned storage units. Leveraging emerging regulatory frameworks and our marketplace software, Ekonnect has innovated the storage industry's landscape.
Committed to sustainability and efficient resource use, Ekonnect partners with UK storage companies to repurpose the contents of abandoned storage units. It involves on-site evaluations, photographing items, and listing them on a public marketplace for bidding.
Ekonnect stands out from other companies by offering comprehensive services, including detailed assessments of storage units. This hands-on method varies from the peer-to-peer approach seen in other marketplaces, enhancing trust and value for both buyers and storage companies.
Ekonnect also enables storage facility owners to independently catalogue and photograph abandoned units for listing. Profiting from individual listings rather than additional services, Ekonnect presents a lucrative option for companies, even those not requiring extra services, promoting a collaborative ecosystem focused on sustainable resource use and economic rejuvenation.
Auction Marketer's marketplace software is fostering innovation and creating value across different sectors.
Bid for Wine and eKonnect illustrate the transformative power of Auction Marketer's marketplace software. By utilising technology to streamline operations, increase transparency, and engage communities, these pioneering ventures have reimagined traditional auction practices and paved new paths for sustainable growth and market development.
In the dynamic digital environment, Auction Marketer's customisable solutions empower entrepreneurs and businesses to explore opportunities, challenge norms, and discover new possibilities. The success of Bid for Wine and eKonnect inspires future innovators aiming to establish their mark in the competitive e-commerce landscape.
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Bid for Wine needed a new marketplace solution that would serve their private sellers as well as supporting regular curated auctions on the platform and other 3rd party auctioneers looking to sell to their 25,000 fine wine aficionado buyer audience.