Mark your calendars.....RENUGO Auctions Start & Stop on 
Tuesdays & 
Thursdays!
*All times are US CT (Central Time)
Tuesdays & Thursdays!*All times are US CT (Central Time)
Message Price Lock Auctions are designed for buyers to have the ability to “lock” a price on a specific model for a pre-determined amount of time like 30, 60 or 90 days.
Price Lock Auctions help buyers forecast volume and capitalize on a specific product to gain market share on a specific product basis. This works like Open PO purchasing where you can expect to bid on a specific product. Below is an example:
Price Lock Auction: SAMSUNG Note 9 (unlocked)
Duration: 60 days
Expected Volume: 500 minimum up to 1,000 maximum units every 30 days
Bid: Submit your bid on a per piece basis (ie. $450)
If you are the highest bidder at auction end, you will be the only buyer who can purchase our entire stock of that model for the $450 ea. price for the next 60 days.
, AutoBid!Enter the bid amount you are willing to pay the most for any auction, and we will place bids automatically for you until it reaches your max bid amount. You will receive an “outbid” notification if another bidder outbids your max bid.
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