Three Bridges, NJ - July 6, 2023
Auction Techs, the premier provider of innovative solutions for the auction industry, is thrilled to announce the launch of its groundbreaking Timed Auction Monitor. This cutting-edge monitor is set to transform the way auctioneers conduct timed auctions by providing them with an unparalleled birds-eye view of their entire auction, empowering them with real-time insights, and enhancing communication with bidders like never before.
The Timed Auction Monitor is the first of its kind in the auction industry, offering auctioneers a comprehensive set of features that ensure seamless and efficient management of timed auctions. With this revolutionary tool, auctioneers can now:
Get a Birds-Eye View: Auctioneers can access a comprehensive overview of their entire timed auction, allowing them to monitor multiple items, bids, and bidder activity simultaneously from a single interface. This holistic perspective ensures that auctioneers never miss a beat and have complete control over the auction process.
Real-Time Bid Monitoring: Auction Tech's Timed Auction Monitor enables auctioneers to track all online bidders and every bid in real time. The intuitive interface provides instant updates, allowing auctioneers to stay informed about the latest bidding activity and make informed decisions based on current market dynamics.
On-the-Fly Reserve Price Adjustment: With the Timed Auction Monitor, auctioneers have the flexibility to adjust reserve prices on the fly, tailoring them to match market demand and maximize profitability. This dynamic feature ensures that auctioneers can adapt to changing circumstances and optimize auction outcomes.
Live Audio & Video Broadcast: Auction Tech's Timed Auction Monitor takes bidder engagement to the next level by allowing auctioneers to broadcast live audio and video during the auction. This interactive feature creates an immersive auction experience, fostering bidder participation and increasing the chances of successful bidding.
Bidder Communication Made Easy: Effective communication is crucial for a successful auction. The Timed Auction Monitor enables auctioneers to broadcast chat messages to all bidders, facilitating clear and instant communication. Auctioneers can provide updates, answer bidder questions, and create a sense of community among participants, ultimately enhancing bidder satisfaction and participation.
"We are thrilled to introduce the Timed Auction Monitor to the auction industry," said Umesh Mahajan, CTO of Auction Techs. "This innovative tool represents a significant leap forward in auction management, empowering auctioneers with real-time insights, enhanced communication capabilities, and the flexibility to adapt to market conditions. We believe that this game-changing technology will redefine the way timed auctions are conducted, revolutionizing the industry as a whole."
The Timed Auction Monitor is now available for auctioneers seeking to streamline their timed auctions and maximize their efficiency and profitability. To learn more about this revolutionary solution, visit Auction Tech's website at www.auctiontechs.com.
About Auction Techs
Auction Techs is reinventing the online auction landscape with the service and support from a team of people you have trusted for over 25 years. Auction Techs has assembled a team of pioneers from the Marketplaces and Software Industry to provide auctioneers with cutting-edge and patented technology on the market.
We are disrupting the auction industry by giving back control to the auctioneer and allowing them less reliance on the Marketplaces. We understand the need for auctioneers to own their own data, have their own bidder base and have full control of how they operate their auctions.
We have incorporated all the software needs required by an auction company into one system. We are a single source provider offering website design, auction software, auction management software, ecommerce, mobile apps, social media, email marketing, text message and voicemail marketing all under one system. Auctioneers and their staff have one Auctioneer Dashboard to access to control and manage their day to day task. We have created a cost effective solution to simplify the technology needs of an auction company.
We strive to provide cutting edge technology, superb customer service and support that is absent in the auction technology industry. Auction Techs bidder and data policy has proven to be a strong attraction to auctioneers along with its Code of Ethics not to compete with auctioneers. Auction Techs is altering the way auctioneers utilize technology to run their auction business by providing an all in one solution for their auction and marketing needs.
For any questions, suggestions, feedback or comments, please email us at info@auctiontechs.com.
Auction Techs mission is to give back control to the auctioneer and ease the work load for its staff and we stand by our stated Code of Ethics not to compete with our clients.