Forward Auction
A traditional online auction model where buyers compete to purchase scrap materials, surplus inventory, or industrial assets, with the highest bid winning the sale.
How It Works: List your items and buyers place bids. The highest bid wins, and you get the best price.
Benefits From us:
Higher Revenues: The sellers gain higher revenues through an auction amongst themselves for the surplus material and scrap.
Wider Market Coverage: It attracts bidders from all industries on a strong online auction platform.
Data Insights: Obtain reports on the activity of bidders and the performance of the auction so as to support decisions to be taken
Tailored Solutions: Customizable Auction Parameters Set base prices, lot sizes, and durations to suit your requirements.
To auction online, businesses can sell Scrap Metal or Surplus Inventories efficiently. In this type of Online Auction, buyers submit their bids, and the item is sold to the Highest Bidder. Online auctions are an excellent tool for selling Machinery and Equipment as well as Waste Materials, enabling businesses to sell items rapidly and easily. This method is highly suitable for businesses with Excess Stocks looking to clear them out and maximize their gains.
On the platform of Salasar Auction, companies can effortlessly set up Scrap material auctions and connect with active Scrap Buyers looking to acquire Industrial Assets or Surplus Materials. By using Salasar Auction's E-auction Services, businesses can streamline their sales process and achieve the best results in a competitive market.