Experience the Thrill of an eAuction
The eAuction experience is a fun and interactive game developed to give buyers an opportunity to experience the suppliers’ perspective of an eAuction. There are 3 or 4 teams competing against each other during the eAuction game, and each team has a different company profile with individual focus, size, and objectives to create a competitive environment. The captain and the team members need to agree on a strategy and plan their bidding patterns in order to win.
The eAuction game is concluded with a debrief where the winning team is announced, and we share an overview of scores, graphs, bid analysis, and our best practice recommendations for the eAuction process.
The eAuction game lasts approximately 90 minutes. In addition, there will be a 60-minute introduction for all participants conducted by a Scanmarket consultant via a web meeting, and each team should expect about 60 minutes of preparation prior to the eAuction game to prepare their auction and bidding strategy.