The world’s most comprehensive surplus asset management company, EquipNet, Inc. will be unveiling its revolutionary new sales channel, OWN IT NOW, to the public on January 17th 2017. The platform takes away the hassle of back and forth negotiations and allows prospective buyers to purchase items with the simple click of a button. The listings in the channel have starting prices and decreasing time intervals which are tied to price drops. As the clock ticks down, so does the price.
The OWN IT NOW platform permits purchasers to view available listings and current prices. Each individual listing has a countdown that indicates when a price drop will occur and what the price will drop to. However, a user does not have to be actively watching the clock at all times to make a purchase, as EquipNet provides buyers with the option to set a proxy amount. By setting a proxy, the user is asking the system to automatically secure the item for them when the desired value has been reached. If the item is not purchased prior to the entered proxy amount, the user will be notified that their proxy has been accepted. EquipNet will then aggregate all purchases made across a single day, providing users with one invoice for all of their OWN IT NOW purchases made in that day.
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