Page 65 - B2B All Year Round Vol.8

Online Auction – Trade Process

■ Simple Acceptance System – Application through mobile phone
■ Specialists visit to evaluate cars → Announce accurate car status: High successful bid prices
(no later deduction by dealers like other companies)

Differentiated Online Auction System

My Car Sales Process
Seller Submit “My Car Sales” through our
homepage/app Submit My Car Sales application
After service application,
coordinate evaluator visit schedule.
Pay brokerage commission

Car Evaluation
Evaluator visits and evaluates cars as
arranged.
Trade completed Specialist evaluators
visit

Observation of Auction
Check car status, Hold real-time open bidding based on the
Transfer identify potential results of the evaluator’s assessment.
documents/car depreciation factors, Operating 400
and make a report online exclusive
memberships
Determine successful bids
Transferee (dealer) Confirm the highest bid price,
Confirm payment and then the seller determines to sell.
and consign Conduct auction/bids Bidding

Consignment and payment
As arranged with the customer, the consignment
Determine successful Combine dealer driver visits to take over documents, etc. and consign.
bids bids
Successful highest bid
price method
> Determined by customers
“Online auction; the seller does not need to Completing My Car Sales
· My Car Sales completed.
negotiate with the transferee (the dealer).
STRUCTURE 12