An auction that takes place on the site www.publicdiscount.it according to the mechanisms of the online auction
You have to register on the website and wait for the account to be enabled, then you will be able to bid on any auction.
An auction lots’ list may present individual and multiple lots. An individual lot is unique, once sold you cannot buy more equal. Multiple lots usually are product stocks, you can buy more than one without necessarily participate in further auctions.
Everyone can register on Public Discount, both privates and companies. Just indicate your tax code and / or VAT code (for UE).
Sometimes there is a mistake in typing the password or the email address. Try to re-type the password or the email paying attention to spaces.
At any time you can change your login information and your personal data. Once logged in, simply click on the menu "Your Details" at the top right and go to "Edit Profile". Remember that the company’s name participating in the auction will be the company to which the invoice will be issued.
Simply contact our customer service and we will be happy to customize, modify or cancel your account at any time.
Everything you need is an internet connection and follow these simple steps:
1.Find your article
From the homepage or among the results of your search, click on the lot you are interested in. The next page displays the section where to submit your offer. Enter the amount without commas or points.
2.Accept our terms
The very first time you are bidding, you need to agree to the terms and conditions specific to the sale. You do not have to repeat the process over the next 24 hours if you choose to bid on articles belonging to other auctions.
3.Submit your offer
Once you enter the digit without dots or commas press "Bid now". You will be asked to confirm your bid. A notice informs you if the process is unsuccessful. IMPORTANT: If you do not see the green confirmation message on the top right of the page or you do not receive the confirmation email, the offer has not been properly submitted. If this is your case please repeat the process, making sure to:
1. respect the minimum raise
2. enter the amount with no points or commas
3. have enough time to place a bid.
Remember that if you enter a bid during the last 2 minutes, the timer will update for 2 minutes more. To understand the function read below "The 2 minute rule."
The offer is MANDATORY, it must be paid once the auction closes.
Basically Public Discount do not program visits on spot, but in case you require further information you can always contact the agent of the lot (you can find their phone number and email on the auction page itself). We will be happy to help you as much as we can.
Public discount tries to provide as much detailed descriptions and photos as possible, however, for any doubt it is always advisable to contact the agent way ahead before the auction. Public discount is not legally responsible for failures, defects or damages occurred on lots during the auction.
Go to the lot page and you will be able to place a bid . In case of difficulty, please contact our customer service.
The Proxy Bid is an automatic bidding system. Basically it submits offers for you. All you have to set is the maximum price you are willing to pay for that
lot. You can get away from your desk, go out, have a coffee and care for other matters. Your proxy Bid will do the job. In fact, every time your opponent
is overbidding your last bid, the system will respond automatically until the maximum amount you set. You will receive an email alert each time your Proxy
Bid is bidding.
If your bid is not overbid, however, your Proxy Bid does not react. In this case you can win the article at the value set in the static offer.
• You can schedule a Proxy Bid for as many products as you like;
• The minimum value of the proxy bid must be at least the value of the lot increased by the minimum raise: In other words, if a lot’s starting price is 100 and minimum raise is 10, the minimum value of Proxy Bid I can set is 110.
The price at which the Seller is obligated to sell the asset. Reserve Prices are set by the seller, are optional, and act to protect the seller's financial interest in an asset. Reserve Prices are not a valuation of an asset and may be set by the Seller above or below the market price for the item. While the Reserve Price is not made public, bidders can tell if it has been met by looking at the item's detail page. If the highest bid is below the Reserve Price, the Seller may, at his discretion, sell the asset at that price during the auction, but is not obligated to do so. Bidders on a lot that failed to meet or exceed its reserve may be contacted in this regard following the close of the sale. If you want to be sure to win the auction, you must raise your bid until you see the green alert "You are winning"
It works this way: If a bidder submit a bid 2 minutes to the end of the auction, the timer refreshes for 2 minutes more. The timer will refresh again and again until there are no more bids in the last 2 minutes. In this way the winner will not be the one with the fastest connection or the more efficient computer, but the highest bidder.
Auctions shall terminate when the countdown ends with 00:00:00 and when AUCTION CLOSED appears on the website. If bids are submitted during the last 2 minutes the timer is automatically extended for another 2 minutes. This process will be repeated until no bidders will bid in the last 2 minutes. This is why you do NOT need to wait until the last second to place your bid.
Unfortunately once confirmed you cannot delete or withdraw an offer. If you wrongly typed it please contact our staff within 10 minutes from the bid’s submit. We will try to fix it at best.
Once you click on the "Bid now" button you will find your proxy bid has already been saved in the field below your bid. Near it you will find the button in the shape of an "X" to delete it immediately.
Check that you have followed these steps:
- Make sure you are correctly logged to the website with your email address and your password.
- Do not insert digits with dots or commas.
- Check that you have accepted the terms and conditions of payment.
- Make sure your bid is not immediately overbid by the proxy bid of your opponent.
- If you still can not bid please LOGOUT and LOGIN again.
- If you still do not see the orange button, or you can not place a bid it’s possible that your network Firewall prevents these actions. Please contact your IT department or our customer service immediately.
The solution is NOT login with the same account on more computers. The solution is USE YOUR WATCH LIST. As a matter of fact, from your watch list page you can simultaneously follow numerous lots and biddings. You can check the progress of the auction and be alerted of any raise.
to win a lot on Public discount there is not a precise strategy but here are some good suggestions that can help you:
1. Monitor your competitors:
try to understand your outbidders strategies and intentions through the Bidding History: try to understand if there are proxy bids set on the lot or just standard bids.
2. Study closed auction:
Observe how users have bid upon closed lots, how many bids a lot has collected and in which time lapse.
3. Use your Proxy Bid:
It can help you in discouraging your competitor and help you win the lot.
4. Be positive and quick:
It is not important to submit an offer in the last second with Industrial discount’s system, but it’s important not to waste precious time in deciding what to bid on or how much to spend. Please do all your considerations before starting bidding.
5. Use your watch list:
It’s your personal list of lots. You’ll find the lots you have bid on that are currently on auction and the lots from previous auctions. You can follow and bid on several lots either from the same auction or different auctions at the same time, without opening new pages or windows in your browser.
After the end of the auction, you’ll find the lot in the “Won lots” or “Lost lots”. You’ll find them divided by result. Payment details are partially described on the website but for security reasons you will receive the complete payment indications by email along with the payment notes.
You can pay with any credit or debit card directly from our website. Please go to “Pay now” page (from your won lots pages) . Our site allows an immediate payment through “Sella Bank”, a bank specialized in online payments, which provides a secure and encrypted system for transactions by credit cards. Once the auction ended, payment may be made immediately, and you can choose to include or not the cost of shipping in the final amount. Once the lot is paid it will be shipped within 7 working days ( if the goods are located in the bankruptcy's warehouse the delivery may take longer ).
You can pay with any credit or debit card directly from our website. Please go to “Pay now” page (from your won lots pages) . Our site allows an immediate payment through “Sella Bank”, a bank specialized in online payments, which provides a secure and encrypted system for transactions by credit cards. Once the auction ended, payment may be made immediately, and you can decide to buy more than one lot at the same time at the same winning price, without having to participate in a further auction. For example, if you've won a Multiple Lot for 200 Euros, you can purchase a second equal lot at 200 euros more, 400 Euros in total. You may also choose to include or not include the cost of shipping in the final amount. Once the lot is paid it will be shipped within 7 working days ( if the goods are located in the bankruptcy's warehouse the delivery may take longer ).
Payment must be made by credit card directly from our website. Sella Bank accepts any credit card, debit card and Postepay card.
Public discount puts back at auction lots that are not paid within 72 hours. If you do not have a credit card you can pay by wire transfer but in this case it is necessary to be extremely punctual. In the “Pay now” page please tick the Wire Transfer Option. You will be sent a mail giving you instructions on how to complete the payment. Please do the wire transfer within 72 hours and send us the bank swift to our email addresses. Only once we have received the bank draft we can assign you a lot.
At checkout you can choose to get the items delivered at home by including the costs of shipping to your final amount. TNT Courier Express delivers all over Italy, Europe (via Euroexpress) and the rest of the world (via Fedex). Once the payment is done, lots are shipped to the indicated address within within 7 working days ( if the goods are located in the bankruptcy's warehouse, the delivery may take longer ). Alternatively you can choose to personally collect the goods or send your forwarder agent to our storehouse within 15 days from the date of payment. Please ensure yourself that your forwarder agent possesses the invoice and your appointment.
All prices are inclusive of VAT. Upon payment Winners can choose to add the cost of shipping.
Unfortunately you cannot. Even though you will export the goods, the VAT must be paid together with any other taxation fee. Once you provided us with the proof of exportation within 90 days from the date of the invoice (CMR and delivery document received and faxed back to us for EEC customers or the DAU document from the customs for EXTRA EEC customers) we will refund you with the VAT value.
Each auction requires immediate payment within within 7 working days ( if the goods are located in the bankruptcy's warehouse, the delivery may take longer ). If payment is not received by due terms lots get back to auction and your account gets banned.
If you paid for shipping, the lot will be shipped within 72 working hours since your payment. If you have decided to personally collect the lot, then it must be done within 15 working days and always in accordance with the dates and times specified on our website. If you cannot collect the winnings within these due terms, lots get back to auction and your account gets banned.
Public discount offers its users the possibility to use the circuit of Sella Bank or Paypal to complete payments. The online payment systems are accessible and protected by very strict protocols, data are encrypted and absolutely impossible to trace. For further information please consult www.sella.it.
There are several cases in which consent to the transaction is denied. We recommend you to check that your card is enabled for online payments and that you have set and entered all the secret codes required. If the error persists, you must call your credit card customer service, NOT your bank.
All items on our auctions on our website feature the prices figured out by bankruptcies Expertise and display clear cost reductions compared to the market value. Any defect or damage is always indicated where possible. In spite of this, Public discount cannot provide any direct guarantee on articles. Lots are sold AS IS, so we recommend you to call our staff and agents to ask for more details before bidding, since once you bid you cannot withdraw your offer.
The winner of an auction that has already paid for the item will never be refunded. Goods are sold AS-IS.
VAT is always charged according to the Italian tax legislation in force at the time of payment. Nonetheless if you submit proof of exportation within 90 days from the date of the invoice (the CMR and the delivery document signed and faxed back to us by a foreign telephone number when exporting to EEC countries, or DAE in the case of exportations to countries outside the EU) Public discount will refund you with the amount of VAT.