B-Inventory understands that generally life occurs, and consumers might have to cancel an order infrequently. Since B-Inventory needs everybody to stroll away from a transaction blissful and happy, we’ve compiled a information to make sure the most effective probability for a profitable order.
The public sale title is a snapshot, not the entire story.
An public sale title has restricted house, so our listings workforce solely distills the public sale’s key parts, corresponding to its foremost product part, variety of models, situation, unique retail worth, and site. Nonetheless, to actually 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 overview the manifest in its entirety previous to bidding.
Manifest particulars
Every vendor might have various ranges of particulars of their manifest. Although B-Inventory encourages its sellers to supply as a lot element as potential so consumers could make an knowledgeable resolution, the enterprise of liquidation implies that not all sellers are in a position to present a minute stage of element. Please bid accordingly. If your enterprise mannequin requires very particular product parameters to run efficiently, bidding on an public sale with a manifest that doesn’t embody these parameters might lead to a transaction that’s not to your satisfaction.
Understanding inventory imagery
Equally, relying solely on an public sale’s included pictures may create expectations that don’t match the extra particulars on the public sale and its manifest. Because of the nature of liquidation, only a few sellers are in a position to present precise pictures of the product resulting from warehousing, storage, and staffing limitations. Inventory pictures are normally 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 photographs.
Authentic retail worth
Every public sale title will embody an unique retail worth. This worth signifies the price of the product when it first entered the market, not its present value. B-Inventory recommends you overview the present costs previous to inserting your bid.
General, it’s essential to keep in mind that a bid is a promise to pay with the knowledge presently 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 belief that extra info will turn into obtainable as soon as the public sale is received. B-Inventory solely needs you to bid on auctions that may be just right for you primarily based on the knowledge presently obtainable.
Product Circumstances
Although B-Inventory is engaged on standardizing the situations sellers use to submit their product, many sellers might 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 fastidiously previous to inserting a bid.
Delivery Hiccups
Whereas a lot of our marketplaces provide seller-arranges-shipping the place the transport value is proven beneath the bidding field, a few of our marketplaces require that consumers 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 find a bit on “Delivery” the place it would define the necessities for receiving that exact lot.
For extra details about the totally different transport phrases you can find throughout B-Inventory, go to Shopping for Fundamentals: Public sale Lot Delivery Strategies.
Residential versus enterprise handle
Please additionally guarantee your handle is updated previous to inserting a bid. Many individuals who run companies out of their properties could also be tempted to label their residential handle as a enterprise handle, however this may trigger problems together with your supply down the highway. Describing your handle as “enterprise” or “residential” relies on how your handle 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. If you’re receiving your product in a residential space, it is best to label that handle as “residential” even in the event you run your enterprise from that handle.
Liftgate and loading dock necessities
Your handle may even have a area so that you can request liftgate providers in the event you want them. A liftgate is just a little elevator connected to a truck that lowers pallets from the truck to the bottom. When you have a forklift or a loading dock at your location, you almost certainly don’t want a liftgate.
Vital: some sellers or auctions might require the receiver to have a loading dock. Please see the transport particulars of every public sale previous to inserting a bid to ensure you are eligible to obtain the order.
If you happen to do require a liftgate to soundly unload at your supply location, please make certain your handle 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 resulting from a purchaser’s lack of ability to obtain a product. We don’t need 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 have a number of supply addresses, you’ll be given the choice to decide on which handle from the dwell public sale. This may permit you to see which ship value works greatest for you if the public sale makes use of binding transport. We suggest reviewing all addresses previous to inserting a bid.
Please notice that in the event you place a bid with the public sale related to Deal with A, however earlier than the public sale ends you determine to go along with Deal with B, you should enter your bid a second time with Deal with B chosen. It’s because you could settle for the brand new ship prices to the brand new location by way of a brand new bid.
Although you’ll be able to replace the handle when you win an public sale and it turns into an order, we don’t suggest doing in order greatest apply. All new addresses will incur a brand new ship value, and if you’re sad with the ship value your new handle incurs, the unique ship value for which you received the public sale on the unique handle might not be obtainable to you, particularly on this financial system. Each replace to an handle (together with a request for a liftgate) will incur a brand new ship price pull, which is able to override the unique ship value. Individuals have canceled orders over this.
Greatest apply is to make sure your handle guide is so as with every handle correctly labeled as residential/enterprise and correctly famous with a necessity for liftgate providers. Guarantee the right handle is chosen on the dwell public sale previous to inserting your bid for greatest outcomes.
Inputting your bid
Generally consumers win orders at an quantity far higher than they supposed resulting from a mistyped bid (getting into $10,000 as an alternative of $1,000, for instance). If you happen to mistype a bid, please try and contact us by way of cellphone or chat so B-Inventory can overview the scenario with you previous to successful the public sale. Please notice, there are some parameters the place an agent can not cancel a bid, corresponding to when an public sale is just too near its finish time.
B-Inventory recommends that each one bidders make the most of the affirmation window to overview 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 overview to make sure that that is actually the public sale you need for the quantity you enter.
Word: no bids can be canceled inside quarter-hour of the public sale closing, or if the public sale is in popcorn bidding.
“I nonetheless wish to cancel my bid or order”
B-Inventory will get it. Generally irrespective of how cautious you might be, circumstances occur and you buy an order you notice you may’t revenue from or you may not obtain the order resulting from your warehouse being not obtainable. Performance doesn’t presently exist for a purchaser to cancel their order on their very own, so all requests should be submitted to our Buyer Service workforce, who will do their greatest to work with you. B-Inventory does want to make sure that cancellations are averted 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 added element). B-Inventory understands that the platform solely capabilities if orders are efficiently bought, and discourages cancellations from each vendor and purchaser alike.
For any questions concerning canceling a bid or an order, contact our Buyer Service workforce.
