Selling used and surplus industrial assets have been a challenge for organizations of all sizes and industries for a long time. In fact, we have similar conversations with a lot of our clients. When they were initially searching for a solution to recover value from their used and surplus industrial assets, they all want something that was simple and easy to execute, could give them full control and transparency into the entire process to help minimize risk, all while maximizing recovery value.

This is why we created the Aucto Marketplace, an easy-to-use and simple platform that enables organizations to sell their used and surplus industrial assets to qualified buyers in only a few steps. We know how complicated and time-consuming other methods of selling can be. It does not matter what assets you have to sell the Aucto Marketplace allows for a massive variety of assets to be sold, from MRO and spare parts to metalworking machinery, installed equipment, and rolling stock such as trucks, trailers, material handling equipment, and heavy equipment.   With Aucto, all you have to do is send us a list of your surplus industrial assets to get started.

Here’s how easy it is to sell industrial equipment and machinery on Aucto.

#1) Send us your list of assets – All you need to do is provide us with a list and some pictures of the assets you are looking to sell. We need some basic information such as asset name and description and location. Then, take a few pictures of the asset, using our Aucto Seller App, and send it to the Aucto Team. From here, we will do all the heavy lifting for you allowing you to focus on your core business functions.

#2) We create your Sale Event – We will upload the assets into your account and complete the Auction set-up guide on your behalf to set up your Sale Event. Once our Seller Support team has completed the setup, they will send it back to you for final approval. This is a chance for you to make any adjustments you may deem necessary. After you approve the sale event, the Sale will go live on the Aucto Marketplace.

#3) We market your assets – Once your sale is live on the Marketplace, our team will promote your assets on your behalf to attract buyers to your sale. Our Buyer Marketing team ensures that we maximize the exposure of your sale by leveraging marketing channels such as pay-per-click advertising, social media, email marketing, banner ads, Search Engine Marketing, Video Marketing, and more.

#4) Buyers submit bids – During your Sale Event, buyers will begin to place bids on your assets. You can see who is bidding on what via the Aucto reporting center throughout the entire bidding process. The highest bid wins the asset.

#5) We manage invoices & payments – After the sale has been completed, we manage all the invoices and payments for you. All you have to do is click a button to send the invoices out to the winning bidders. We handle all the payments, collections, and taxes. All of this can be tracked via the Aucto reporting center to give you real-time audit-ready information.

#6) Buyers pick up sold assets – Once the Buyers have paid their invoice for the won assets, they will come and pick up the assets from your facility.

In only a few clicks and an average of 17 days, our clients are able to recover value from their surplus assets. The best part is that 100% of the sales proceeds go back directly to you. We don’t charge you any listing, brokerage, or commission fees.

We help our clients sell their surplus industrial assets every day, all day. Let us help you. Click the link below to schedule a no-obligation meeting with one of our asset recovery experts.

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Written By: Jamil Rahman

About the Author

Clayton Arnold

Clayton Arnold is the Marketing Manager at Aucto. Clayton has 10 years of experience working in traditional and digital marketing campaigns. A Mohawk College graduate, Clayton believes in leveraging the latest technology & analytics to foster long-term relationships with clients.