Boost Income Using Forward Auctions

1 Seller + Many Buyers + Interactive Bidding = Best Price and Expanded Sales Opportunities

Online forward auctions are an ideal way to get the best price for capital equipment, materials and services you want to sell, such as when you need to liquidate excess inventory.

How do online forward auctions work? You initiate the auction by letting buyers know what products or services you have available. Buyers compete against each other in Web-based, real-time auctions, driving up demand and price as they bid.

HedgeHog's comprehensive auction solutions use a hosted, Web-based interface to facilitate online negotiations without time-consuming or expensive technology integration.

Seller Benefits

• Maximize Profits: Buyers bid against each other for your equipment, materials and services, driving up demand and price.
• Reach New Markets: HedgeHog forward auctions can help you expand the pool of buyers, allowing you to reach new markets and expand your sales opportunities.
• Get Started Quickly: With HedgeHog's Web-based auctions there's no special hardware or software to install, so setup is fast and easy. And because the auction software is easy to use, minimal training is required for your organization to start realizing immediate cost-saving and time-saving benefits.
• Eliminate Security Risks: HedgeHog utilizes the latest security measures to protect your confidential information.
• Rely On Our Expertise: HedgeHog procurement specialists are always available by phone, fax or e-mail to provide technical support and to answer any questions about HedgeHog's services.

Buyer Benefits

• Find the Equipment, Materials and Services You Need: HedgeHog auctions give you access to a wide range of suppliers, so you can find the goods and services you need.
• Level the Playing Field: Online auctions allow you to see what other bidders are offering, so you have a clearer understanding of what the market price is.
• Bid Quickly and Easily: HedgeHog's simple Web-based interface makes it easy for you to bid interactively. And, if you can't access the Internet during an auction, a HedgeHog procurement specialist can serve as a proxy to submit your bids.
• Eliminate Security Risks: While buyers can see what their competitors are offering, company names are cloaked to protect confidentiality. As added assurance, HedgeHog utilizes the latest security measures to protect your confidential information.
• Rely On Our Expertise: HedgeHog procurement specialists are always available by phone, fax or e-mail to provide technical support and to answer any questions about HedgeHog's services .

Full-Service & Self-Service Flexibility

HedgeHog procurement specialists can provide full-service solutions to guide you through the entire purchasing process—developing and managing purchasing specifications, identifying qualified suppliers locally and throughout the world, facilitating online negotiations and analyzing results. Or, you can choose to manage the entire process yourself with our self-service software. For more information, see our service option descriptions. Regardless of which service model you choose, HedgeHog specialists can provide expert training to ensure that every auction is a success.