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Online Used Medical Equipment Auctions on the Rise


While the traditional method of selling used medical equipment online is still very popular amongst many buyers, another large segment of buyers prefer purchasing equipment through online auctions.

Nicosia, Cyprus, November 20, 2009 --(PR.com)-- The used medical equipment industry has seen a significant shift into the ecommerce world as of late. With an increasing amount of used medical equipment buyers turning to online marketplaces to acquire equipment, sellers using these online distribution channels have recognized that giving buyers various options to purchase their equipment has a favorable impact on their sales.

While the traditional method of selling used medical equipment online is still very popular amongst many buyers, another large segment of buyers prefer purchasing equipment through online auctions.

The popularity of used medical equipment auctions has been on the rise due to the mutual advantages that they offer both buyers and sellers in the industry. Since auctions implement a bidding functionality into transactions, a win-win situation is established for sellers and buyers alike. By bidding, a buyer sets the price at which he/she is willing to purchase an item if he/she is the winning bidder at the auction’s closing. Similarly, sellers that post items on auction ultimately receive the highest possible true market value for their items, if their auction closes successfully.

Several online marketplaces offer sellers the ability to post used medical equipment auctions and sell their items to the highest bidder, however most of these sites charge a fee for this service. One specialized marketplace for buying and selling pre-owned medical equipment that recently eliminated their auction posting fee is MedWOW.com. Sellers can now post their used medical equipment for auction free of charge. According to MedWOW, this change was implemented to broaden the selling options for sellers.

The site also provides sellers with the option of posting a Purchase Now price on the items which they list on auction, enabling buyers to immediately purchase those items at the preset price, before the listed closing date of the auction.

For view recently posted used medical equipment auctions on MedWOW, please, visit our site: http://www.medwow.com/.

About MedWOW
MedWOW.com is an innovative online marketplace specifically designed for used medical equipment professionals. The site connects buyers, sellers and service providers from around the world through unique online tools and features.

To learn more about MedWOW, please visit http://www.medwow.com/about.php.

Contact:
Tel: + 357 22 022508
Fax: + 357 22 022509
Email: Service@MedWOW.com
http://www.MedWOW.com

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Contact Information
MedWOW
Eric Beris
357 22 022508
Contact
http://www.MedWOW.com
Fax: + 357 22 022509

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