Buy meat from Australia, coffee from Brazil, wine from France, seafood from New Zealand and flowers from Colombia at our live international auctions delivered to your door step, customs cleared and freight paid. freshbids hold live international auctions for meat, seafood, fruits, vegetables, wine, coffee and flowers. We manage the entire process from the time you buy at the auction to the day the produce is delivered to you. Our auctions are worldwide – buyers from Australia can buy flowers direct from our Kenyan or Colombian flower auctions. The auctions are live Dutch auctions that is they have a starting price and the price reduces until the whole batch is sold or the grower’s reserve is reached. It’s a live auction and they typically take only 30 minutes. Based in Sydney, Australia freshbids manages the whole process from the creation of the catalogue through to the handling of the payment to the grower and shipment to the buyer’s premises. freshbids.com.au How it works. If you are a buyer... If you are a seller... Registration is simple. All we need is your business name and contact details. Once we have approved your registration we will send you an email with your bidder number and you are ready to start buying. Registration is simple. Once we have your contact details we will ring you to discuss your products and the process to get your products listed for auction. Once you have a bidder number you can login to the Buyer section of our web site which will let you: • Enter pre-auction bids – this will save you from attending the auction. • View your invoices as soon as the auction is over. • Pay online to secure shipment. • Analyse the auction Catalogue. • Plan your purchases as auction schedule will be posted proir to the auction. Remember, when you bid on freshbids you are bidding at your landed cost in your own currency. We have taken away all the risk of buying from overseas and passed on the benefit of buying direct from the grower. Better product range, better margins and better time management!! Once we have approved you as a seller you can load your product catalogue on to our platform. You can then login in to the Seller portal of our web site which will let you: • Select your produce for auction. • Set the quantities on offer and reserve price. • View your sales advices as soon as the auction is over. • Analyse your sales. • Download order sheet and prepare shipment. In return for your guarantee of quality we guarantee prompt payment and selling globally means more bidders and better prices! freshbids.com.au freshbids aims to be a revolutionary, interactive international online marketplace that enables wholesalers, sub-retailers or retailers (buyers) and growers (suppliers) to trade in a facilitated environment. COST & ORDER AGGREGATION END TO END SOLUTION SUSTAINABLE MARKETS ACCESSIBILITY freshbids.com.au Value Proposition. The freshbids Process. Most growers specialise in one flower variety. Conversely retailers and especially florists need a large variety of flowers in small volumes. Thus, the quantity produced by one grower is too large for one wholesaler, let alone for one florist. freshbids, in an efficient way, enables buy orders to be aggregated and processed for each grower, packaged and shipped in small batches to each wholesaler/retailer. Overseas Grower 100% Auction, Logistics, Customs, Packing, Invoice & Payment/Clearing System Payment terms 7 days 100% Key Benefits. Minimal Product Wastage Wholesalers / Retailers No Warehousing / Storage Costs Global suppliers & buyers Prompt payment terms Procurement savings through aggregation of orders Reduced marketing costs for growers Automated invoicing, payment and clearing system Customers Remote access freshbids’ end to end service provides growers savings across logistics, back end systems, improved cash flow and product management and access to a larger pool of prospective buyers. Suppliers will have complete confidence and surety of payment. freshbids’ end to end service provides buyers savings across logistics, back end systems, improved product management and access to a larger variety of products and growers globally. Buyers do not need to leave their office or home to order and purchase. freshbids.com.au The Auction Process. Buyer/Supplier Registration 1 2 • Auction authenticates participants and grades the quality of products. • Auctions will be held at specific times during the day and details of each lot to be offered will be posted on the freshbids website. There will be a reserve price for each lot offered. • Buyers will have to purchase a minimum quantity for their bid to be accepted. Buyers can pre-bid if the time of the auction is not suitable. • Each auction will run for approx. 30 minutes and consist of many lots. Buyers will be able to see the clock face which will count down the time left in each lot. If all the products are not sold in any particular lot, the balance may be re-offered in a later auction (as they will not have been cut this poses much less issues for the seller). • There will be specific times set each week for a specific auction eg Flowers on Mondays, Meat on Tuesdays, Seafood of Wednesdays, Coffee on Thursdays etc. • Once a buyer’s bid has been successful they will receive an online invoice which must be paid by the buyer in full into a freshbids holding account soon after the auction. • Once the buyer has received the product they will have 24 hours to advise of any defects in the produce. Once the 24 hour period has passed, the sale monies (adjusted for any credit) will then be remitted to seller Auction 3 Sale & Payment 4 Delivery & Shipment freshbids.com.au visit freshbids.com.au email [email protected] phone 1300 364 468
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