Overview:
AuctionHUB will create the first comprehensive integrated technology platform for specialized auction businesses (“SAB”s).
SABs conduct complex auction transactions that cannot be fully automated. These auctions are either B2B transactions, or large volume/high value B2C transactions. Sample domains include: real estate, industrial equipment, wholesale/salvage auto, art, antiques, personal property, excess inventory etc.
Extensive human involvement is essential in the business process chain of a specialized auctioneer; e.g. sourcing inventory through relationships with sellers, marketing products to targeted buyers, gathering relevant product information, organizing third-party services such as towing, shipping, financing, title transfer, repair etc.
AuctionHUB is focused on optimizing the entire business process chain of SABs.
Overview:
AuctionHUB will create the first comprehensive integrated technology platform for specialized auction businesses (“SAB”s).
SABs conduct complex auction transactions that cannot be fully automated. These auctions are either B2B transactions, or large volume/high value B2C transactions. Sample domains include: real estate, industrial equipment, wholesale/salvage auto, art, antiques, personal property, excess inventory etc.
Extensive human involvement is essential in the business process chain of a specialized auctioneer; e.g. sourcing inventory through relationships with sellers, marketing products to targeted buyers, gathering relevant product information, organizing third-party services such as towing, shipping, financing, title transfer, repair etc.
AuctionHUB is focused on optimizing the entire business process chain of SABs.