bidtron™ hosted auctions on-demand

BidTron.Com: Hosted Auctions on DemandSign up and start running auctions within moments!

Christian Shaffer – Independent BidTron™ Affiliate – 814.799.0820

Once a BidTron™ Account is Created, Your BidTron™ Auction Manager Lets You Create New Auctions and Manage Existing Ones.


It Takes Less Than 5 Minutes to Create an Auction.Start by Selecting a Forward Auction for Selling,or a

Reverse Auction for Buying.


Forward Auctions Give YOU the Power To Sell All of Your Products & Services, and Set Parameters Such as Starting Price, Reserve Price,

and the Duration of your Auction.


BidTron™ Reverse Auctions Give YOU The Power to Buy Any Kind of Product or Service on Your Own Terms, and Allows for the Easy

Digital Distribution of RFPs to Your Vendors.


Once the Parameters are Set, You’ll Be Able to Invite Participants to Your Auction. You’ll Also Be Able to Use the BidTron™ Vendor Network to Find

Additional Sellers to Invite, Which Can Greatly Increase Bidding Competition.


You’ll Be Able to Preview Your Auction Invite and Make Any Necessary Edits to the Email or Auction Itself Before Sending.


After Invitations Are Sent, Your Auction Set-Up is Complete!


After An Auction is Initially Set-Up, You’ll Be Able to Access the BidTron™ Auction Rateboard and Make Any Edits You’d Like Before the Start of the Auction, Including Adding

and Removing Attachments, Changing the Date, Time & Duration of the Auction.


The BidTron™ Auction Rateboard Will List the Status of All Invited Bidders and Whether Their Invitation Has Been Accepted, Declined, or is Still Pending.


The Auction Runs in Real-Time, and Has a Built-In “Overtime” Mode: Any Winning Bid Submitted Within the Final Two Minutes of an Auction Will Reset the Clock Back to 00:02:00 (two minutes),

Meaning that Competing Bidders Will Always Have the Chance to Submit a Leading Bid of Their Own. This Mechanism Ensures the Lowest Buy-Prices and Highest Sell-Prices are Always Uncovered!


All Bids Are Tracked and Charted As They Come in Live During the Auction, and are Archived For Your Records Once the Auction Ends.


If You Choose to Award a Winning Bid, it is as Simple as Clicking on the Price and Confirming Bid Acceptance.


Once a bid is selected, the winning bidder will be notified via an automated email message. The other bidders will be notified that

a different vendor was selected.


PARTICIPANT VIEW

Participating in a BidTron™ Forward or Reverse Auction is a Free and Simple Two-Step Process.


Invited Bidders Can Sign Up and Be Ready to Participate Within a Minute of Being Invited to an Auction!

There is Never Any Cost to Participate in an Auction.


Registering Only Requires a Few Pieces of Basic Information


Before the Auction Starts, Participating Bidders Can Review All Auction Information and Access Any Files or RFPs Provided by the

Auction Host Through the BidTron™ Auction Rateboard.


Once the Auction Begins, the Intuitive Interface Helps Ensure Accurate and Competitive Bidding! Bidders See All Submitted Prices, but the Names of Fellow Bidders are Kept

Confidential. Only the Auction Host Sees the Name of Each Participating Bidder.


At the End of the Auction, the Participant Can Review the Bidding History and Will Be Notified Via Email of the Auction Host’s Selection

if a Winning Bid Has Been Awarded.


bidtron™ hosted auctions on-demand

Business

bidtron auction rateboard

bidtron auction manager

bidtron account

auction setup

auction ends

bidtron reverse auctions

bidtron vendor network

forward auctions