Trade with Confidence
Client’s Introduction
TradeBid is Ireland’s most advanced digital trade marketplace. It gives buyers and sellers more choice, transparency and a trusted marketplace to trade vehicles. Khired Networks is proud to be associated with this Bidding Engine to enhance their performance and grow their business. Our SaaS expertise involved working on back-end software development on languages like React Native, NodeJS, MySQL and NextJS to develop the Seller/Dealer App. The intent involves giving users an end-to-end platform that streamlines and simplifies the buying and selling of pre-owned vehicles in an open and transparent digital marketplace. And to also access a large network of Irish dealer groups and franchised dealers with a vast selection of inventory 24/7 at the convenience of a Mobile App.
Challenges Faced
Bidding
AI technology used to
facilitate bidding
History checking of cars
to avoid fraud
Live real-time open bidding
an option which was previously
not available in Ireland
Buying
Getting a relevant payment
gateway was the necessary
step and a major challenge
TradeBid partnered with
NextGear Capital to provide
one touch purchases
Also integrated with Sweep
for seamless instant payments.
Delivery
Delivery of Automobiles
are one of the most integral
part of the process
To address this challenge,
TradeBid partnered with
Ireland’s leading transport
company NVD.
Business Growth
Impeccable customer
service is essential to
business growth
Over 96% become loyal
to brands that offer
superb customer
services
Cost Efficiency
Acquiring new
customers is 5 times
more expensive than
retaining existing clients
Existing customers are
60-70% more likely to try
new products/services
than new ones
High Competition
The global digital
payments market
has become highly
competitive
Companies need to
keep their clients happy
to cement their
competitive edge
The Solution
TradeBid with their unique business model executed the product with efficiency and great attention to detail with a dedicated team. The challenges of Bidding, Buying & Delivery were met with solutions as mentioned below:
Open & Real Time Bidding: Streamline and simplify buying and selling of pre-owned vehicles in Ireland in an open and transparent digital marketplace.
More Choice to End Consumer: More choice with a large network of Irish dealer groups, franchised & independent dealers, manufacturers & lease companies on the TradeBid platform
Transparency: Full transparency on each vehicle from upload to sale. Every vehicle history check and inspected using PAVE, a first of its kind AI powered software that captures any damage to the vehicle when the images are uploaded through the TradeBid app
TradeBid has partnered with leading global technology companies both in the automotive and payment industries to create the most advanced trade platform in Ireland. NextGear Capital, Stripe, PAVE, NVD, Experian.
The Results
Since there is no technology driven dealer-to-dealer marketplace that exists for automotive dealerships to sell buy and sell trade vehicles in Ireland, TradeBid is a revolutionary digital product that is disrupting the online market places for Trading. Users are given full credibility of their trading and our partners ensure a smooth service delivery.