Aucto Help Center
Should I Sell Using a Tender or Auction?
Tenders are best suited to sell high value or unique equipment, machinery, or systems, which there may be limited demand for it in the secondary market. By utilizing Tenders, Sellers can expose their assets to the marketplace in a low-risk format that lets the market dictate the price through a competitive bidding process.
Auctions are best for more generalized equipment that has a higher quantity of lots. The entire sale can be marketed to a larger, more diverse group of buyers. An example of the type of equipment that works best in an Auction would be Heavy Equipment such as a Bull Dozer. This equipment is used in many different applications across many various industries, making it much more desirable in an Auction.
This additional sales method will allow our sellers to get competitive offers in an open bidding format, no matter the type of industrial machinery, equipment, or parts.
Fiona joins Aucto as its Director of Marketing and has over 15 years of experience in B2B brand development, lead generation, and digital marketing.
Over the last 15 years, I have had the opportunity to speak with numerous organizations that are seeking to implement or improve their asset recovery programs.
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