Indoogoo Auctions at Intermat

Indoogoo says that it differentiates itself from other on-line auction by being the first industry website to combine online auctions, rentals and sales listings with a social network framework.

The site, which launched in mid-2014, will be appearing at Intermat 2015, taking place in Paris, from 20 – 25 April.  Mark Turner, CEO and founder of Indoogoo, and Hanoof Nass, the site’s CIO, will be attending the show and leading demonstrations of the website on the company’s stand.

Nass says, “We are thrilled to have the opportunity to present Indoogoo in front of so many key industry players at such an important trade show. We are looking forward to meeting as many users, buyers and sellers of equipment as possible. Indoogoo’s stand will include live demonstrations of the site’s various innovative features, as well as information on up-coming developments for 2015.”

Indoogoo Auctions says that unlike most other auction facilities, Indoogoo does not retain bidder information for its own use at a later date. Instead, this information is given directly to the auctioneer at the time of the auction. This means that auctioneers can contact unsuccessful bidders directly offering them other items that might be of interest and ensuring their equipment is always available to the right buyer. “In short, this means there is no brokerage conflict within the Indoogoo Auctions business model,” says Nass.

Indoogoo Auctions also allows users to build their networks and guarantee that no trading opportunities are missed, as once an auction is complete all bidders can contact each other through the platform. However, in line with the site’s strict privacy policy, users can always choose not to be contacted by simply denying the contact request received.

Indoogoo acts as a trading platform, putting the auction process itself directly in the hands of its users. This service caters to a range of industry professionals, from large manufacturers with a stock of used trade-in equipment to individual traders who wish to organise a one-off auction. What’s more, by connecting through the trading network, users are always aware of the best market for their equipment and are able to completely control the asset disposal process.

Equipment from a range of industry sectors will feature in Indoogoo Auctions, including construction, mining, agriculture, marine, oil and gas and other heavy industries.