The online auction format enables buyers from around the country to participate in the process. (realtormag.realtor.org)
Finally, instead of negotiating distribution agreements with dealerships, Tesla will sell directly to consumers through its website, possibly using an eBay - inspired auction format. (inc.com)
That's the notion behind The Receivables Exchange: The New Orleans firm allows companies with at least $ 2 million in revenue to offer their accounts receivable for sale in an auction format to prospective buyers. (entrepreneur.com)