Aucto Help Center
What is a Tender?
On January 31st, Aucto is proud to announce the launch of our newest feature on Aucto.com. This new selling method is known as Tenders and will replace the previous Fixed Priced Listings across the website.
Modeled after a seal-bid auction, format Tenders provide provides corporations with another way to sell surplus and used industrial equipment, machinery, and parts. The new selling format offers sellers another sale variety to sell industrial assets that may not traditionally perform well in an auction format.
The new selling format allows sellers to offer a single or group of assets for sale and set an expiry date for when all bids are due. Aucto then markets the assets to its global buyer base, who can submit their best offer for those assets in a sealed bid format. Once the Tender expires, sellers review the bids and can award the sale to the highest bidder.
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.
We are incredibly excited to have made it as a finalist on the innovative AutoTech’s Got Talen pitch competition
The team at Aucto is excited to celebrate a milestone today. We are announcing our seed funding round which will give us the ability to continue to build on the growth our company has experienced over last few years.
Today marks a huge milestone for the Aucto team as we launch a fresh new look for our website. We are excited to announce our new website is now live!