Tag Archives: sell

Buy and sell heavy equipment online

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

E-commerce has evolved majestically during the last 2 decades. Almost every company in today’s time is in some way or the other engaged in the online business. It means they either buy or sell their products online and this being their core business they tend to make good money from it. Probably a couple of decades ago, nobody must have thought that the E-commerce business will become such a big thing in the global market. However, now we are all in some way or the other are connected to it. We use all sorts of applications to buy and sell things online and this has been the trend of the day it seems. Taking this trend as the opportunity, the owners of heavy equipment have also plunged into the business and now want to sell heavy machines online. The buyers also prefer to buy it from an internet platform.

Connects you quickly to a lot of prospects:-

When you use an online platform to sell heavy equipment you are exposed to a lot of people who have similar needs for their business. They check your listing and if they find the machine valuable for their business they buy it online. The payment is also done through an internet gateway and once the seller receives the money, the item is shipped across. Unlike the conventional method where you do not get much exposure and hardly anybody get to know if you are selling a machine, the online platform just works the way you want it to. Remember that you are also exposed to international businesses and you should make it very clear on your listing if you are ready to ship the machine internationally. A seller needs to follow a lot of legal process to ship the item outside US. So before you take the call to go international, make sure that you are prepared to deal with the government procedures.

Buyers get multiple options:-

The buyers in turn have a lot to get by buying heavy equipment online. They get multiple options at their disposal and can make their choice from the given options. They can also review the ratings of the seller and accordingly can take a call if they would like to deal with that seller. Ideally, at the end of a transaction every seller is given a rating on the basis of how effective and transparent the transaction was. The buyer leaves a feedback mentioning his experience with the seller. So if the buyer had a good experience he can give him a good rating or else he can mark it as “Poor”. This will help others to know if the seller is at all worthy to be dealt with and the can accordingly decide on what they should do. So the buyer always has the option to check the listing of another seller and can also expect a better price as compared to the earlier guy.

It is not just heavy equipment but also ancillaries are sold on online platform. So if you want to buy an attachment or a part of the machine has gone faulty, you know where you can find them.

 

Do not keep old heavy equipment for long – Sell them off

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

To expect a re-sale value on a used commodity is not wrong but if you expect to get a good price on an item that has nothing left in it, you may become highly disappointed. When it comes to heavy equipment you will also come across people who do not believe in buying new stuff. They see profit in buying old machines, renovating them and make them new. In this way they get heavy equipment at a cheaper price. But these guys do not buy machines that are extremely old and has absolutely no use. You can’t do any modification on them nor are they compatible for installing any modern features. It is just scrap and needs to be re-built all over again. This means that the seller if tries to sell such a stuff will get nothing but peanuts.

List it in an auction site:-

There are plenty of online websites that deals with auctioning heavy equipment and its parts. You can select one such site which is popular with people and list your heavy equipment out there. Please do mention the model number and the year the machine was made. Do mention about the recent changes that you have made in the machine. For instance, if you have painted the machine or have replaced any critical part of it that needs to be stated. The members of the site should know about the improvements that you have made on the machine. It will only help them to gain confidence on you and your product.

Sell it to a friend or amongst your peers:-

This is perhaps the safest way to sell your used heavy equipment. Your friend might have a need for the equipment and he has a lower budget. You can help him by selling your stuff at a lesser price. In this way, you do not have to hang around looking for buyers when you have one next to you. Let your friend inspect the machine and if he find it worthy, he will make an offer. However, if you offer him to buy quite an old model, he might not show any interest. For that matter, nobody will show any interest if you sell machines that are way back in time. They need machines that can support the modern technology and are also less expensive.

Sell it to heavy equipment workshop:-

If you do not get any buyer for your heavy equipment, you can sell it to a guy who runs heavy equipment workshop/company. They might be interested in buying it but they will not be ready to pay you the price that you expect. Ideally, these guys are the last option that people go for and they also know that. If you have to really do away with your machine and are not getting any takers then you have to take this as an option rather to sell it as scrap. These guys will anyways pay you more than a scrap dealer.

Sell your heavy equipment on internet

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

Internet has given us all a new way of conducting business. There are millions of people who do not go out of their homes to work. All they do is turn on their computer and have their internet connection on. They do their business from that small equipment and make good profits. We can make use of the same technology to sell heavy equipment and still expect good profits. One may be forced to ponder that how somebody can buy construction machines by not even seeing it in person. Well, they can at least select the product online and then they can personally come down to check the stuff. This idea of selling heavy equipment online has been a big success throughout the globe. Be it developed economies or developing economies, all are making ample use of this technology to make their business successful.

We will be talking a bit in detail on how one can conduct this business without even stepping out from their home.

Become member of an online portal:-

There are number of online portals available that are into selling heavy equipment. Not just heavy equipment, they also sell heavy equipment accessories. An online portal is nothing but just a platform provided to both buyers and sellers to come to a common ground and do business there. So the seller simply lists the items that he wishes to sell with the price that he expect to get and if any buyer who is looking for similar stuff likes the item, he can buy it online and pay for the stuff using his credit card or through internet banking. All they have to do is become a member of the online portal to begin business on the website.

List items giving detailed description:-

When you are listing your product on the online portal, you should be aware that people are not able to personally see the machine though they can see the picture of the product but not the product itself. Therefore, you should give a detailed description of the product on the portal so that the readers get a fair idea as to what they will be dealing with. Mention every intricacy, sophistication of the heavy equipment on the listing. Viewers will want to know more about the product if you mention the intricacies. They might get attracted towards the product and might contact you so that the process can be initiated further.

Accept the payment via the portal only:-

Once you finalize the deal, please ask the buyer to pay for the equipment via the portal. It gives both the parties the required security that they are looking for in the transaction. It protects the interests of both the buyer as well as the seller. You may have to pay some amount to the online portal for listing the item and some fees if the item is sold successfully but it is really worth the security that you get from them after the deal is done.

Market your products well. It helps to sell them sooner

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

The toughest job to do in any business is to sell the produces. If you are new to a business, it is quite evident that you may not have enough people who know about the existence of your company and in such a scenario selling your products to the mass at large can be quite a challenging task for the sales guy. He may find it extremely difficult to sell the products if people have never heard the name of the brand. He will just end up frustrating himself and may eventually take up something else. So if you are new company the first part of your job will be to let people know about your existence and the products that you manufacture. Tell the mass about how your products will benefit them and why should people go for your stuff rather than taking it from your competitors. This phenomenon of putting your products for all to see is known as marketing.

Here you are letting people know what you are what you deal with. If you are someone who is into selling heavy equipment, then marketing the machines you have becomes all the more important. Construction or mining companies do not tend to purchase machines in bulk. They buy it only when they need it. So whenever they are in a need to buy heavy equipment they will undoubtedly go for the best and you got to tell them that what you are selling is the best and you can do this only via marketing your heavy equipment. There are universities that have courses in business marketing, marketing management and many other subjects that talks about the importance of marketing and how one can learn to market his products well in the market.

How to market/endorse heavy equipment and your company at the same time is a matter of skill and application of constructive strategy. One simple way is to hire professionals who can make the work simple for you. They will give you marketing tips that can be used to broaden your network and allow people to know more about you. First and foremost you need to have a website of your own and should be pretty operational. You should keep on updating your website twice or thrice in every week. Try to add things that people belonging to the construction sector would like to know. The more people visit your website, the more they will get to know about you.

Take help of web designers to make the appearance of the website look attractive. Try to come on news if possible. That will give you bigger exposure. You can simply take some videos of your company showing the way you guys work and post it on YouTube or on your website. This is a good tactic to promote your company. You can also make use of social media websites to market your company and heavy equipment. These avenues will help you a great deal to encourage others to visit your place and buy heavy equipment from you.

Buy Now on eBay [ebayfeedsforwordpress feed=”” items=”3″]

Ensure Your Machine Is In Order Before You Sell It

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

Heavy construction equipment is one of those very few things in this world that are always in high demand. So if you have such equipment, and you are planning to sell if off, then it is always the right time. However, as there are many sellers who are opting for this scope of earning money, you must make sure that your product sells first. The buyers have become very conscious of their needs and they look for all their necessities in the product that they buy. So before you sell your heavy construction equipment, you will have to make sure that the equipment and all its parts are in proper order.

  • Apparent visual appeal:

The first thing that the seller must take care of is the visual appeal of the machine. Cleanliness is the key factor in respect to this. If your machine is not cleaned and there is mud and dirt all over it, then it will not please the buyer. Making sure that the color of the equipment has not come off is also very important.

  • Repair the damaged parts:

As the heavy construction equipment has to perform very tedious jobs the entire day, it is very likely that some of its parts get damaged due to work load and heavy pressure. If that is the case with your equipment, then you must repair it properly before putting it for auction. Hire a welder before hand and repair every single damage that has been caused to the machine. This is the key to create a good demand for the machine in the market that it has no flaws in it.

  • Engine condition:

Most of the time when the seller displays the equipment and the buyer starts the engine to take a look at its condition, the engine either does not start at a single try, or even if it does, it emits a cloud of black unhealthy smoke. This is absolutely against a good report of the machine.

  • Oil leakage and consumption:

A buyer of the heavy construction equipment looks for how much the oil consumption rate of the machine is. When you sell the equipment, you have to take care of the engine that it does not consume too much of fuel. A good servicing and a proper maintenance would take care of this. Not only the consumption rate, if there is a leakage of the fuel in the machine then it will definitely not please the buyer.

  • Papers:

Without the papers, no buyers would be interested enough to buy the equipment.

If you have looked after all these factors, then there is no chance that you do not get a high demand for the equipment that you are selling. Making a profit through selling the equipment will be very easy.

Related articles across the web

Want To Sell Your Used Heavy Equipment – Auction It

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

If you think that selling used heavy equipment is a big pain, then you should reconsider your thought because it has become lot simpler to sell it off with a good price. There are many buyers who are on a hunt for used heavy equipment at affordable rates may find your deal as a very good opportunity and may look forward to buy it. Nevertheless, something that is of real importance is how do you market your stuff and what platform you use to market it. If you have already decided the price of the machine and you want to sell it at nothing less than that, then you may give an ad and quote that price. Interested buyers who find that rate reasonable will flock in to check your stuff and if they like it, may close the deal. But if you are not certain about the price you want to sell the equipment and want to leave it for the buyers to decide, you may simply auction it. It leaves you with very good chance of selling the item with a price which is way above your expectation and higher than what you have imagined.

It is of due importance to select the right platform to auction the item as you need visitors who will come and check out the equipment. You can think of two most convenient ways to auction it. The first would be to post it on the internet (Bidramp.com) and the second is to leave an ad in a local newspaper and arrange the auction at your place or rent a suitable place for auction.

Few things that you should keep in mind before you put up your equipment in an auction. The first would be to ensure that your equipment is up to the mark and that you do everything to make it look new. Paint the stuff, put some stickers, change old or obsolete parts, and get it checked from a mechanic who is an expert in dealing with things like these. Once you are done with these things, the next would be to put it on a website (Bidramp.com) which is known to people and which also has good number of visitors flocking in to check stuffs on the site on a daily basis. Once you have identified such a site, you need to register yourself there and check the charges of the site. The charges ideally depend upon the kind of item you’re auctioning on the site or the bare minimum amount you keep on the item.

It is recommended that you keep the bare minimum price as the price you expect to get on the equipment so that once the auction begins and people starts placing their bids, the price of the stuff keeps moving up on its own and you end up making good money at the end of the auction.

The second option of auctioning the item at your place also has its own significance. There you’ll see the kind of bidders coming in and also see how they increase the price of the item by placing bids on it. Overall, both the options would turn out to be a wonderful way to sell the used equipment.

Promote and Sell Your Heavy Equipment through Online Social Media- Let’s Explore Options

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

The modern 21st century global scenario is all about going virtual. From shopping to advertising to making new friends- every possible activity requires the World Wide Web as a crucial tool in their fulfilment. Like other enterprises, the construction industry has also begun to set a foothold in the race of online marketing. Perhaps the most important aspect of online marketing is to present and publicize the aim, content and other facets of the organisation in an appropriate manner so that it appeals to relevant customers.

This is the age of social media. Today one makes new friends, relationships, grows his/ her circle via the online social portals. Hence, it is very obvious that promotion of a certain enterprise on a forum that is accessible to this many number of people has its own benefits. As per ‘eMarketer’, an online digital forum, the United States holds record for more than two thirds of the population accessing the social networking sites regularly on an average. Hence, it may be considered as an approved fact that construction organisations aiming to expose their heavy equipment across a vast cross section of customers should make use of the social media to the best of their advantages. Facebook, LinkedIn, Twitter have been ranked as being the three best social networking forums by majority of US enterprises.

In order to hook relevant customers to the heavy equipment intended for sale, it is important to produce content that can engross and appeal the target audience. The content may be illuminative, professional or otherwise depending on the target audience. It is also a good idea to use phrases and expressions that the relevant customers might look for. Another crucial aspect that one needs to know and understand about these social networking mediums is the fact that users of such forums often share a point of common interest and for that reason a different “page” is often assigned to such areas of interest. So, in order to facilitate the flow of potential customers, it is recommended that they create a page of their own so that they are able to remain connected to the users round the clock and the relevant users are constantly updated about the recent happenings of the enterprise. In this manner, the audience will also come to know about various facets of the heavy equipment intended for sale.

Enterprises can also benefit by linking themselves to big names in the industry and with widely used blogs, associations and publications. This proves to be especially useful in drawing customers and in expanding the company. Putting up adverts of the heavy construction equipment intended for sale on “walls” of relevant users is also a key point in making that equipment sell. How can one achieve this? It is important to locate relevant audience who may purchase the equipment and this can be achieved by the aforementioned association with the big names in the field. It is also recommended to have a non imposing presence, simply updating on the events regularly.

Social networking forums no doubt can form the best platform from which organizations can connect to and trade in heavy equipments. And the best point in the whole scheme? It costs you nothing.

How to sell your heavy equipment abroad with high margin of profit?

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

There has been a boom in the industrial and agricultural field due to the discovery of various heavy equipment that we are dependent on nowadays. Whether it is a tractor for the agricultural purpose or equipment for the construction purpose, the heavy equipment are our most important companion for reducing the labor and making the job done within a very short period of time. For this reason there has been a good market for buying and selling the heavy equipment throughout the world. Negotiating about the various factors, this business can provide you a lot of profit if you know the business sphere and the factors that you must follow while doing the negotiation. Many people in this entire world are doing this, and many others are worried about whether it is profitable or not. The simple mathematics is that if it was not profitable then people would not have done that and you must negotiate for the equipment by keeping a margin of profit. When you want to sell your heavy equipment abroad you have to keep many things in mind like the packaging price, the shipping price, the various taxes, office expenses, import and export rules and of course hauling the equipment to the harbor. If you maintain all these factors, then you can easily sell your heavy equipment outside the countries, in the international level.

The factors you must remember for selling the heavy equipment in another country:

  • There are various auction sites all around the world from where you can make your equipment sell. You can have your equipment bid there in person or online.
  • The next most important thing that you must check is the trend of taxes and duties in the country where you are selling the equipment. In that case it is good to find a tax free or duty free country that will help you gain maximum profit when you are selling the equipment.
  • Then you also have to look for an insurance so that there a security for the equipment.
  • While selling your equipment overseas, you will not be able to resolve any issues with the buyer. In that case finding a customer through established companies is a good idea.
  • However, the most important thing that you must remember while selling heavy equipment internationally, you must incorporate the shipping cost, delivery cost, taxes and duties, cleaning charges, the packaging cost and other costs along with the selling cost. Otherwise you will end having a loss.

Want to sell Heavy Equipment Online – Know from Us

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

It does appear as a herculean task to sell a used stuff to someone. Firstly, people don’t trust you as you are not a regular seller and to top that up, they may have numerous questions about the product. Having questions may not be wrong but you may have to answer it to a good number of people who shows interest in your product. Thus, it would be a relief for you if in case you get a platform where you can simply mention all the details of the stuff you want to sell and people who are interested buying them can contact you only to buy them. In such a scenario, you are just reducing the trouble for yourself and making life simpler for you.

In order to sell heavy equipment on an online portal, it needs good deal of skill. Just by uploading few pictures of the equipment and giving few features may not do the trick for you. It needs something which should attract the attention of the prospect and should compel them to read the entire thing without losing their interest from your listing. We would be talking about how can one list an item on an online portal and catch the eyes of potential buyers.

Hunt for a famous online selling portal:-  Listing your item on any selling site won’t help you much. You first need to indentify the site which has a good fan following. Browse the net and check which site is doing business successfully without hurting the wallet of the seller. Once you’ve identified the site, you need to move to the next step. (i.e. Machinery Trader)

Be clear with their terms and conditions:-  You might want to be updated with their terms  and conditions. Check out if the conditions are more in favour of the buyer or does it has any rule to protect the rights of the seller. What does the rule say about receiving the payments and how soon after having received the money you can ship the item. Also try and know the fees you are likely to pay to the company for using their platform. These details are very important to know before you get started with them. Remember, prevention is better than cure.

Post pictures;-  Before you post the picture of your machine, ensure that you have cleared all the dents if there were any and have also serviced the machine. Once it’s done and it looks clean, you can take the picture and if at all the site allows you to use HTML coding on the picture, make use of it. That will make your stuff look more presentable.

State the features of the equipment:-  You need to take extra care while you write in the features of the heavy equipment. Please ensure that you keep things simple yet decorative. It shouldn’t look too jazzy that people find it hard to read and co-relate between 2 sentences. Also, you can put in your comment where you write about your machine and how effective it is when it comes to performance. Please don’t overstate your stuff as you might not want to see a negative review from the buyer if they don’t find it as what you described it to be.