Most of the on-line auction sites are publishing a wide variety of items, ranging from the furniture,antiques,boats,etc… While this approach has proven to be extremely successful, it remains that specialising into a specific auction niche make total sense to the most common user.
If i want to purchase electrical material, i will with certainty visit an on-line auction site specialising in the building industry over eBay or any other on-line auction site. A specialised site will always give more relevant and accurate information and will offer a better orientated service in comparison to any other on-line auction site spread over many different selling platform
As a buyer you will then be able to find easily any materials related to the plumbing, electrical or hardware industries
The building industry is often the most neglected industry in term of on-line technology development and availability. The reality is that the building industry as a whole is in great need of on-line systems which will enable all current players to communicate and transact on-line between each others.
It makes it even more logically sound to purchase material on auction during this current economic meltdown. Seller wants to get rid of their slow moving or excess stock and potential buyers are increasingly looking to save a few bucks wherever they can.
An auction site is an extremely attractive avenue for any potential seller.
Some of the reasons that we found are as follow:
- Allow you to recover part of your initial investment
- Rectifying your account balance sheet
- Gaining extra storage space
- Improving your buying power
For a buyer point of view, it only make sense. A buyer will always be saving money by acquiring slow moving stock at cost instead of buying directly from the retailer or merchant. Some seller simply want to get rid-off their stock at all cost, therefore a buyer could end up paying nothing for good quality material. In this instance the buyer also have the choice to pay for the delivery or to collect the product himself, therefore giving them a greater flexibility in term of possible saving.
Having been involved for many years in the building industry such system as now become essential for the survival of many small wholesaling companies in certain area of the country. It has happen to almost everyone to spend a substantial amount of money in buying a large quantity of products thinking it is an incredible bargain just to found out that nobody wants to buy it. By advertising your slow moving stock on an on-line auction site, it gives you a much greater exposure compare to your current situation. It therefore improve considerably any chance of selling your products by exposing them to a vast audience across the country or even across the border. The type of exposure given by an auction site will be far greater then all your combined effort.
An on-line Auction website for the construction sector will without doubt benefit every participants!