Kemgo

Kemgo auctions are a cost-effective solution to maximize sales on prime, off-spec, and over-stock material.

Sellers can control all elements of the auction from choosing the auction type that best suits their need such as an English Auction, a Dutch Auction, and English-Yankee Auctions. Auctions can be kept to a closed set of buyers that the seller invites, or open to all verified and vetted members, and the seller controls timing of when an auction should open and for how long.

Many sellers have used Kemgo’s auctions to increase revenue. Our auction functionality is already incredibly flexible. We have even customized this functionality for our clients to satisfy their needs and requirements.

Why use Kemgo Auctions?

Kemgo Auctions is the only auction system in the world that is specifically designed for the chemical industry. Our service offering includes advising client organisations on a case-by-case basis to ensure the best use of our auction functionality in alignment with their strategy

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Maximize product market
value in real time

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Efficiently sell off-spec, near spec, aging inventory, as well as prime products

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Control all elements
of the transaction

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Eliminate prolonged
negotiations

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Increase your market reach

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Determine the exact time
when a product will be sold

Auction Types

Standard Auction

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Benefits

  • Ascending price
  • Intuitive to use
  • Automatic bid error detection
  • Invitation only (private auction)

Dutch Auction

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Benefits

  • Descending price
  • Closed bids
  • Intuitive to use
  • Invitation only (private auction)

English-Yankee Auction

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Benefits

  • Sell bigger quantities to many different buyers at the same time
  • Negotiate shipping terms/prices during the auction (individually)
  • Intuitive to use (patent pending)
  • Invitation only (private auction)

Pricing

Set up fee

$500

Transaction fee

1%

of total transaction

Contact us for pricing and more information.

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