Commodity Market

Next Generation Commodity Sales

Primebid.me is an online commodity market that was developed for the specific purpose of offering a safer, simpler and more objective alternative to sellers and buyers of commodities. It will simplify the difficult and time consuming procedures that has become common place during the buying and selling process. Through Primebid auctions and bid requests, commodities can be bought or sold safe and easily at the touch of one botton. For their mutual benefit, sellers and buyers are carefully pre-qualified to repeatedly insure successful transactions. Primebid.me was envisioned as an elite destination designed to streamline the buying as well as the selling process, minimize cost and waste, and to provide buying options on a regular basis.

*Sample Auctions*
Current Auctions
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Upcoming Auctions
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Buyers or Sellers

Benefits Of The Market


Speed

The process of searching for a supplier with the right match of product and availability is time consuming and often unsuccessful. Traditionally the time required to find the product and resolve the delays, associated with banking and documentation, needs to be counted in weeks and sometimes even months. Primebid.me removes all those uncertainties and delays from the process.

From the time an auction is scheduled Primebid.me will have the sale process concluded in 2 weeks time. We count the time from start to finish of our sales in days. The strict pre-qualification requirements for our qualified buyers and sellers means that once a transaction is confirmed it will be processed immediately and worries free.

Secure

Our pre-qualification requirements - for buyers and sellers - are designed to provide maximum protection to both sides. Under no circumstance will Primebid.me offer a product before its official certification by SGS or equivalent certifying company nor will it accept a bid prior to the validation of the financial capability of a buyer. Our ultimate mission is to assure that the commodity is ready for sale and conversely the funds are ready for payment once a bid is awarded.

The team at Primebid.me understands the importance of the confidentiality that our members expect and we treat all transactions accordingly.

Global Presence

The internet allows Primebid.me to reach all corners of the globe helping us to procure and identify qualified suppliers and buyers of commodities. This capability helps us building up our elite network and to ensure our commitment to secure financial transactions. Therefore Primebid.me will include in its offers, different types of commodities always originating from only pre-qualified sources and offered to pre-qualified buyers. Our goal is to consistently offer peace of mind to all parties involved in our transactions. By providing this comprehensive service we expect to build long lasting relationships with sellers and buyers.

Primebid.me.me is fully committed to improving the way commodities are sold throughout the world.

Options

Although Auctions can cover everything from spot and express orders to recurring shipments timing isn't a perfect science and that is why we provide alternatives to the traditional auction platform. If you need a commodity that we do not currently have at auction, or a different quantity, we have you covered, just place a Bid Request. Sellers can now bid on your request to fill your order so you might end up paying less than you expected.

To participate in the auctions please fill out and submit a registration form

Register

Buyers

Traditional Difficulties

Unreliability

The conventional market for soft commodities is notorious for its unpredictability causing major disappointments to seller and buyer alike. Basically the choices are to buy futurities from a Clearing House such as LIFFE in London or try finding the commodity through private sellers or brokers, hoping to find more agreeable prices. The allure of an easy and often large pay day has drawn an abundance of new traders to the market with inadequate understanding of the standard practices in the commodity business. This increase in the number of traders resulted in speculation which in turn created a greater level of complexity in the buy and sell process making it more difficult to successfully close a transaction. These complications vary in severity from lack of understanding of the standard procedure, to chains of brokers participating in the same operation and the more severe problem of deliberately misleading intent and capability.

The final result of all these factors creates a strain on the buying process. The option of paying full price for product you know is available at a lower cost but not having a clear and direct path to purchase is frustrating and worse can cause the loss of sales opportunities and clients. Primebid is the venue that will help you avoid such difficulties by offering access to commodities with certainty of its availability and at a price that fits your expectations.

The Primebid.me Solution

A clear path to purchases

Primebid.me recognizes the problems in the industry and was designed to help overcome the inefficiency. We offer an auction based marketplace that requires all auctions to be pre-screened and verified so you can feel confident you are bidding on real product at a market competitive price. Our strict requirements to participate in our platform are what sets us apart as a clear solution.

Commodity lots will be put up for auction as they become available. All auctions will occur on a closed bidding process. Qualified buyers will be able to bid the maximum price they are willing to pay for that lot. At the time of bidding the bid will constitute full intention to purchase with the required documentation. Incomplete submissions will not be accepted. When the auction closes the highest bidder will be notified and the transaction will automatically commence.

Primebid.me offers convenience and peace of mind.

How it works


  1. Register and wait for approval
  2. Once approved you can search auctions
  3. Find an auction that suits your needs
  4. Bid and deposit 10% of total auction value into escrow
  5. Remainder of payment is due upon closure of auction

To participate in the auctions please fill out and submit a registration form

Register

Sellers

Traditional Problems

Unreliable Marketplace

Sellers face unique problems although interestingly stemming from the same difficulties buyers in the marketplace also deal with. Similar to the ever expanding selection of people trying to make their mark in the industry on the buyers side, this high volume of traffic creates reverse problems for the sellers. Typically the primary question for a seller is whether or not the offer to buy he is looking at really has the capability to fund the purchase. It is very common to proceed through the process of the sale only to find out at the last minute the buyer isn't actually the buyer but is instead representing someone else that claims to be the buyer. Needless to say this frustration should not be a part of the sales process.

Due to uncertainty created by the overpopulated marketplace and the complications of international logistics it is often time easier to make a quick certain sale to one of the handfull of established market leaders at the expense of selling for a very low price.

The Primebid.me Solution

Certainty in an uncertain world

Primebid.me brings a new option to any seller looking to get the most value for their product. By requiring similarly strict verifications from the buyers Primebid.me eliminates the uncertainty that comes from selling to the market at large. Additionally, by taking an auction approach sales will receive a fair market value and will not be cornered into negotiation your sales price down to complete the sale. Our system is designed to do just the opposite. Since we use a closed auction approach, buyers will need to make their bids at the highest price they are willing to pay or risk losing out on the product to someone else.

Primebid.me offers a fast and simple channel to sell your commodity. Through a simple consignment agreement your product will be put up for sale for all our pre-screened buyers to bid on. Sell recurring shipments or high seas, the option is up to you. Regardless of what you sell you can track the activity, number of bids, and price of bids for your auction online.

How it works


  1. Register and wait for approval
  2. Consign lot to Primebid.me along with SGS certificate or equivalent
  3. Wait for auction to close
  4. Ship lot to winning bidder
  5. Receive payment from escrow account against shipping documents

To participate in the auctions please fill out and submit a registration form

Register

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