The right auction solution for your business.

Red2's Next Generation Auction technologys is customised by industry sector, delivering high initial value.

Red2 Auction is not a product, but is instead of customisable auction platform, each development being unique, but sharing the core auction business logic.

Automotive

The automotive industry, whether it is sales, salvage or repossession is a hugely competitive sector, which has been quick to take advantage of the cost and management benefits afforded by online auctions.

High Value

For businesses that require a secure and highly efficient platform to run high value transactions such as natural resources or financial products. This sector tends to run selected auctions or tenders for invited bidders only. Rapid fluctuations in these markets also require the ability to change bidding model and rules on a per-auction basis.

High Volume

Auction sites have different performance characteristics to e-Commerce or other web sites, in that traffic tends to spike during the auction close point. Red2 Auction is a distributed application which enables high volume auction environments to be run on numerous low cost servers.

E-procurement

Procurement is a highly regulated sector where fairness and best value are of paramount importance. NextGen auction provides a competitive tendering environment that delivers on the promise of lower procurement costs.

Consumer

Business to consumer auctions are an increasingly popular and have proliferated in a wide variety of areas, from fashion and retail to art and antiques to holidays and travel.

Auction Capabilities

Red2 auction and our Next Gen Auction platform has a wide variety of supported auction models.