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Consignor   Storefronts

    

Strategy:

Industrial Recovery Services, Inc. (‘IRS’) will set up and integrate the IRS virtual auction engine and its functionality for Consignor auction storefront (‘Storefront’). Bidders will be able to compete for Consignor products in real-time utilizing the IRS exclusive bidder's applet. This applet has been specifically designed to create the same competitive feel of being at an auction. 

   

IRS Auction Storefront Services
 

• Hosting of Consignor auction Store Front on IRS web and data servers.
 
• Integration of auction software and functionality with Consignor Storefront.
 
• Implement IRS Bidder Identity Verification System.
 
• Posting of Consignor specifications
 
• Posting & digitizing of Consignor photographs
 
• Posting, digitizing, editing & streaming of Consignor operational videos
 
• Determine intelligent bidding increments, relative to the reserve and market potential value.
 
• E-mailing auction notices and electronic advertisements
 
• Auction closing functions
 
• Invoicing all successful purchasers
 
• Collection and distribution of auction proceeds
 
• Contacting delinquent accounts
 
• Distribution of funds to Consignor's third-party sellers
 
• Provide payment notification /removal instructions to purchasers
 
• Provide Consignor or person designated by Consignor confirmation of payment.
 
• Customer support for site navigation and functionality
 
• Coordinate removal with Consignor or Consignor’s seller
 
• Third-party seller's contracts for standard third-party sellers.
 
• Integrate industry-specific search engine.
 
• Integrate IRS interactive auction calendar. 
 
• Integrate IRS intuitive bidding software.
 
• Integrate global IRS search engine to include Consignor postings.
 
• Duplicate (IRS selected) Consignor Storefront postings on the IRS site for simultaneous IRS client participation.
 
•

Integration of Collaborative Auction Segmentation (‘CAS’) system.

 

 

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717-849-5030