Benefits and popularity of online storage auctions
Upcoming SlideShare
Loading in...5
×
 

Benefits and popularity of online storage auctions

on

  • 114 views

http://www.ibid4storage.com/ - Online auctions are an effective tool for storage companies to recover lost revenue caused by abandoned storage units and delinquent accounts.

http://www.ibid4storage.com/ - Online auctions are an effective tool for storage companies to recover lost revenue caused by abandoned storage units and delinquent accounts.

Statistics

Views

Total Views
114
Views on SlideShare
114
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft Word

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Benefits and popularity of online storage auctions Benefits and popularity of online storage auctions Document Transcript

  • Benefits and Popularity of Online Storage Auctions What are Online Storage Auctions? Online auctions are an effective tool for storage companies to recover lost revenue caused by abandoned storage units and delinquent accounts. Usually, companies provide individuals with a loan and use the items in the storage locker as collateral. If an individual defaults on the loan, an online storage auction can be arranged in order to raise the lost capital. In most cases it is the storage company that is at a financial loss and stuck with the items of an abandoned locker and they are very thorough in contacting the renter of the locker before they conclude that their possessions have been abandoned. In order to promptly have the locker cleared out, they come to an arrangement with the online storage auctions company iBid4Storage.com, who then lists the contents of the locker for sale on their website, available to the highest bidder. Popularity of Online Storage Auction The popularity of online storage auctions in Canada is rapidly increasing as these auctions prove to be more convenient for bidders and offer a larger variety of exhibits to bid on as opposed to conventional storage auctions. At online storage auction websites like ibid4storage.com, there is always an opportunity to find valuable items or as they say in the industry, "hidden treasure" because the majority of the contents of a storage locker are unknown and often sell for far less than they are actually worth. At www.ibid4storage.com a deal is facilitated between the storage company and the auction hunter which is beneficial to all three parties; the storage company removes the abandoned locker contents and covers its losses, while the winning bidder acquires a vast supply of items and products at a bulk, rock bottom price. www.iBid4storage.com benefits in that through its service and customer trust, more users will revisit the website and more storage companies may choose to sell their units using their online auction system.
  • An invaluable service is provided by Canadian storage Auction Company www.ibid4storage.com which includes the following advantages: 1# - The bidder gets the treasured contents of a storage locker and Storage Company can cover their loss, clear the storage unit and possibly make a profit if the bidding escalates. 2# - Registration is easy, as only a valid email address is required and bidding is convenient in that it can be done online, through the comfort of your own home. 3# - The customer is not charged a fee in order to bid nor do they have to pay a premium after the bid is won, except of course for applicable taxes. 4# - There is a vast array of auctions to choose from as www.ibid4strage has made agreements to auction storage units from a variety of storage companies across the Greater Toronto Area and other part of Canada. In order to place a bid an individual must be at least 19 year of age and they are fully responsible for clearing out the locker within 24 to 48 hours of winning the auction. If the winning bidder fails to do so, the auction is simply awarded to the second highest bidder.