Bulgaria’s biggest auction platform teams up with Icecat for DIY

Avatar for Bernadett Sardi

Auxionize has just joined forces with Icecat in order to be able to display trustworthy, high quality product data on its website.

Auxionize is an auction platform driven by supply and demand. The platform increases the efficiency of finding the best possible proposal for a deal, and is suitable for both B2B and B2C auctions. Auxionize uses the reverse auction method. Buyers initiate an auction and suppliers can compete to win the deal. After bids are received, the buyer can choose the most fitting one. Auxionize has more than 10,000 auctions on an annual basis which clearly shows the popularity of the service.

The partnership with Auxionize initially focuses on DIY and construction categories. The first objective is to increase the number of product data-sheets as well as the number of manufacturers in the aforementioned categories: fasteners, washers, rings and nuts receive substantial attention as having accurate product description is essential to pick the right components for a job. DIY and construction manufacturers are eager to add their descriptions into the Icecat catalog.

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