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BENEFITS OF BUYING
ON FACTORYNETWORK.COM:
- Buyers only pay for performance: Buyers are welcome to
search our online database for equipment and only pay a small sales transaction fee to FactoryNetwork if they
are the successful bidder for the equipment
- Complete access to equipment information:
Equipment descriptions, photos, specifications, and bidding information are
all available to the buyer online.
- Online bidding: Buyers can place
bids online at any time, 24 hours a day 7 days a week. With open
bidding, you will pay true market prices for equipment.
- Extensive search capabilities: Using our extensive
search capabilities, buyers can search for equipment that meets their exact
criteria. All items are listed by equipment category type, allowing buyers to
easily search
for specific types of equipment. Our database allows sellers to list very detailed
information about their equipment (including pictures, specifications, etc.). This
allows buyers to find exactly what they are looking for, without paging through
information that does not meet their requirements.
- Finding spare parts: Find
parts for older equipment. In many cases OEM's stop
supporting equipment regardless of whether or not you still need parts. Many times
this forces you to replace your equipment entirely. By getting the spare
parts needed to continue running existing equipment, you can delay capital spending
on equipment replacement. You will get more life out of existing equipment, which adds to your
bottom line.
- Find deals on surplus equipment and inventory:
Equipment suppliers often sell surplus equipment and inventory through the FactoryNetwork
online auctions. This gives buyers a chance to find good deals on
surplus equipment.
- Open marketplace: Any company, large or small,
can participate in the FactoryNetwork marketplace. The marketplace is built on open
standards, allowing any company with a web browser to access the
marketplace.
- Independent marketplace: The FactoryNetwork marketplace is an independent marketplace for buyers and
sellers in the industrial sector. It is not owned or operated by
any manufacturer or supplier and, therefore, does not favor either side or exclude any company. We let the marketplace decide the outcome of all transactions.
