How can I partecipate in an asynchronous/DM25 auction?
Written by federica mucci
Updated at February 2nd, 2024
To participate in an asynchronous/DM auction you need to submit the initial bid for the lot, by the "Offer collection deadline".
The amount to be entered to submit the initial bid can be equal to or greater than the starting price or the minimum bid if applicable.
The starting price and the minimum bid, if applicable, are indicated in the side box of the lot page below the experiment number:
To participate, click on the "Bid on the lot" button, a window will open where you can consult the sales conditions, lot data summary,and enter the amount of your bid, which must not be lower than the starting price , unless the minimum bid is specified:
After entering the amount of your bid, click on "Submit the offer", a window will open with instructions on how to proceed with the deposit payment.
Make the deposit required for the single lot by clicking on the button that will appear after submitting the bid.
If you select the bank transfer payment method, fill in the fields below with the necessary data for the refund , then download the deposit receipt, which will be automatically filled in with the entered data. Make the payment and send an email to info@Industrialdiscount.com with the deposit receipt and proof of payment.
This step is necessary to validate the submitted bid and receive the code to access the auction. Once the correctness of the bid and the payment of the deposit are verified, you will receive a personal secret code that you can use at the opening of the online phase to place bids until the time expires.
If you have not received the code, please send an email to info@industrialdiscount.com.
After the offer collection deadline :
The best offer received for each lot will be set at the opening as the starting price at the opening of the online phase. If you are the highest bidder you will receive a notification email indicating that your bid is the highest and in the case you definitively win the auction you will also receive the payment notes shortly.
In the event you are the only bidder for a lot and therefore also the highest bidder, if you do not participate in the online phase of the auction, you will be confirmed as the winner of the lot after the time has expired. Non-deposited bids will not be considered.
Start of online auction:
On the day of the auction, access the website, go to the lot page of your interest and enter the validation code in the side box in the dedicated field: 
During the online phase of the auction which typically lasts two hours, if you wish you can place higher bid using the "Make bid" button.
