A high end Seafood and Steakhouse has closed down their DTC location and all assets are to be sold at a public online auction. This auction to include: Refrigeration, Cooking and Heating, Groen Steam Kettle, Bar Back equipment, Mixer, Slicer, Chairs, Tables, Bar Stools, Espresso Machine, Patio Furniture, TVs, Ice Machine, Racks, Shelving, Stainless Steel Tables, Smallwares and Much More.
Technological advances have contributed to the rise and evolution of this part of the eCommerce marketplace. eBay, for example, has been quick to jump on the growing demand for Artificial Intelligence (AI), embedding AI technology, to help sellers become more competitive. eBay’s AI solutions involve identifying gaps in product inventories, alerting sellers when they need to stock up on a particular product. eBay’s evolving features have proven to be of benefit to sellers, creating some legitimate success stories. However, despite eBay being at the forefront of the increasingly competitive online auction market, online sellers should always consider alternative solutions.