B-Inventory understands that generally life occurs, and patrons could have to cancel an order occasionally. Since B-Inventory needs everybody to stroll away from a transaction blissful and glad, we’ve compiled a information to make sure one of the best probability for a profitable order.
The public sale title is a snapshot, not the entire story.
An public sale title has restricted area, so our listings group solely distills the public sale’s key components, akin to its essential product part, variety of models, situation, unique retail worth, and site. Nevertheless, to really consider whether or not the public sale will fit your stock wants, the public sale’s manifest will present all particulars the vendor has obtainable for that particular product. Please assessment the manifest in its entirety previous to bidding.
Manifest particulars
Every vendor could have various ranges of particulars of their manifest. Although B-Inventory encourages its sellers to offer as a lot element as potential so patrons could make an knowledgeable determination, the enterprise of liquidation implies that not all sellers are capable of present a minute degree of element. Please bid accordingly. If what you are promoting mannequin requires very particular product parameters to run efficiently, bidding on an public sale with a manifest that doesn’t embody these parameters could end in a transaction that’s not to your satisfaction.
Understanding inventory imagery
Equally, relying solely on an public sale’s included photos may additionally create expectations that don’t match the extra particulars on the public sale and its manifest. As a result of nature of liquidation, only a few sellers are capable of present precise photos of the product attributable to warehousing, storage, and staffing limitations. Inventory photos are often equipped as an alternative. Except the public sale particularly states that the pictures are of the particular product, please transfer ahead with the understanding that the pictures are inventory images.
Unique retail worth
Every public sale title will embody an unique retail worth. This worth signifies the value of the product when it first entered the market, not its present value. B-Inventory recommends you assessment the present costs previous to inserting your bid.
General, it’s necessary to keep in mind that a bid is a promise to pay with the knowledge at present obtainable on the public sale. Please don’t place a bid as a “placeholder” with the intent to ask a clarifying query as soon as the public sale is over, or with the idea that extra info will change into obtainable as soon as the public sale is gained. B-Inventory solely needs you to bid on auctions that can be just right for you based mostly on the knowledge at present obtainable.
Product Circumstances
Although B-Inventory is engaged on standardizing the situations sellers use to submit their product, many sellers could use their very own terminology. Every public sale and every market may have a definition of the situation by which the product is listed. Please learn these situations rigorously previous to inserting a bid.
Transport Hiccups
Whereas a lot of our marketplaces supply seller-arranges-shipping the place the transport value is proven beneath the bidding field, a few of our marketplaces require that patrons make their very own transport preparations, and won’t embody a ship value. If there’s an estimate obtainable, you will note it beneath the bidding field.
Close to the underside of the public sale lot web page, you can see a bit on “Transport” the place it’ll define the necessities for receiving that individual lot.
For extra details about the completely different transport phrases you can see throughout B-Inventory, go to Shopping for Fundamentals: Public sale Lot Transport Strategies.
Residential versus enterprise tackle
Please additionally guarantee your tackle is updated previous to inserting a bid. Many individuals who run companies out of their properties could also be tempted to label their residential tackle as a enterprise tackle, however this may trigger issues along with your supply down the highway. Describing your tackle as “enterprise” or “residential” is predicated on how your tackle is zoned, which is able to have an effect on whether or not or not a full size semi truck is ready to ship your truckload of pallets. In case you are receiving your product in a residential space, it is best to label that tackle as “residential” even in case you run what you are promoting from that tackle.
Liftgate and loading dock necessities
Your tackle may also have a area so that you can request liftgate providers in case you want them. A liftgate is slightly elevator hooked up to a truck that lowers pallets from the truck to the bottom. When you’ve got a forklift or a loading dock at your location, you probably don’t want a liftgate.
Necessary: some sellers or auctions could require the receiver to have a loading dock. Please see the transport particulars of every public sale previous to inserting a bid to be sure you are eligible to obtain the order.
In the event you do require a liftgate to soundly unload at your supply location, please be certain that your tackle is correctly up to date previous to inserting a bid, and please perceive that truckload auctions don’t include liftgate providers. Orders have been canceled attributable to a purchaser’s incapacity to obtain a product. We don’t want this to occur to you, as it may be an especially painful and disappointing course of for all concerned.
A number of supply addresses
When you’ve got a number of supply addresses, you may be given the choice to decide on which tackle from the dwell public sale. It will will let you see which ship value works finest for you if the public sale makes use of binding transport. We advocate reviewing all addresses previous to inserting a bid.
Please be aware that in case you place a bid with the public sale related to Tackle A, however earlier than the public sale ends you determine to go along with Tackle B, you have to enter your bid a second time with Tackle B chosen. It’s because it is advisable to settle for the brand new ship prices to the brand new location through a brand new bid.
Although you’ll be able to replace the tackle when you win an public sale and it turns into an order, we don’t advocate doing in order finest apply. All new addresses will incur a brand new ship value, and if you’re sad with the ship value your new tackle incurs, the unique ship value for which you gained the public sale on the unique tackle could not be obtainable to you, particularly on this financial system. Each replace to an tackle (together with a request for a liftgate) will incur a brand new ship charge pull, which is able to override the unique ship value. Folks have canceled orders over this.
Finest apply is to make sure your tackle e-book is so as with every tackle correctly labeled as residential/enterprise and correctly famous with a necessity for liftgate providers. Guarantee the right tackle is chosen on the dwell public sale previous to inserting your bid for finest outcomes.
Inputting your bid
Generally patrons win orders at an quantity far higher than they meant attributable to a mistyped bid (getting into $10,000 as an alternative of $1,000, for instance). In the event you mistype a bid, please try and contact us through telephone or chat so B-Inventory can assessment the state of affairs with you previous to successful the public sale. Please be aware, there are some parameters the place an agent can’t cancel a bid, akin to when an public sale is simply too near its finish time.
B-Inventory recommends that every one bidders make the most of the affirmation window to assessment their bid previous to inserting it. As soon as a bid is enter into an public sale, a pop up window confirming the bid quantity and extra particulars on the public sale will seem in your display. Please take a second to assessment to make sure that that is actually the public sale you need for the quantity you enter.
Observe: no bids shall be canceled inside quarter-hour of the public sale closing, or if the public sale is in popcorn bidding.
“I nonetheless need to cancel my bid or order”
B-Inventory will get it. Generally regardless of how cautious you might be, circumstances occur and you buy an order you understand you’ll be able to’t revenue from or you’ll be able to not obtain the order attributable to your warehouse being not obtainable. Performance doesn’t at present exist for a purchaser to cancel their order on their very own, so all requests must be submitted to our Buyer Service group, who will do their finest to work with you. B-Inventory does want to make sure that cancellations are prevented if potential. If there’s a sample of cancellation, penalties could also be incurred, with damaging penalties to your account that may embody fines and even suspension.
Please know that every vendor reserves the suitable to cancel an present order (see the Phrases of Buy for extra element). B-Inventory understands that the platform solely features if orders are efficiently bought, and discourages cancellations from each vendor and purchaser alike.
For any questions relating to canceling a bid or an order, contact our Buyer Service group.
