Page 2 - Stern Angus Bull Sale Booklet 2020
P. 2

Bid on-farm or bid on-line




            Introducing the bidr Hybrid Auction



            Our on-farm sale will be held in conjunction with bidr as a Hybrid auction. Hybrid auctions allow an auctioneer to have
            full control of the sale - with bidr® acting as an online bidding clerk. With our livestream video link, online bidders will
            be able to watch and hear the action from the rostrum.
            To find out more, go to www.bidr.co.nz/content/auction-formats



               How does it work?




                 step     The auctioneer will instruct bidr        step     The bidr “Market Operator” will call
                 1        to open the lot for online bids to       4        all online bids to the auctioneer as

                                                                            they are received
                          be placed

                 step     The bidr “Market Operator” will          step     When no more bids are received, the
                 2        update all bid increments, as            5        the sale, and move onto the next lot in
                                                                            auctioneer will close the lot to confirm
                          determined by the auctioneer
                                                                            the sale catalogue

                 step     An on-site “bidspotter” will place
                 3        all on-site bids in bidr to ensure    NZ’s VIRTUAL SALEYARD
                          that remote bidders are seeing the
                          current price in real-time            www.bidr.co.nz | 0800 TO BIDR





            Why use a Hybrid auction


            for an on-farm sale?



                                                                                   To find out more,
               Maximise buyer reach                                                go to www.bidr.co.nz
            Allows buyers the ability to attend the auction on-site or             or contact the bidr team
            bid from the comfort of their own home.                                on 0800 TO BIDR
                                                                                   (0800 86 2437)
               Real-time bidding

            Have confidence in knowing that all bids are placed
            through our real-time auction platform – no long delays                          fb.com/bidrnz
            or latency.                                                                      instagram.com/bidrnz




                  NZ’s VIRTUAL SALEYARD  |  www.bidr.co.nz  |  0800 TO BIDR




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