Job lot is a UK and Europe-based company specializing in trade-to-trade job lot pallets and boxes (Mini Job lots), along with wholesale, clearance, surplus, and overstock items. With strong relationships with logistics companies, they ensure fast delivery of job lots at competitive prices.
Recognizing an opportunity to provide excellent margins in customer returns, job lot, clearance, and overstock, Job lot also aims to help retailers reduce waste. Their expertise in stock management allows them to pass these savings on to their customers.
With a diverse range of products suitable for traders, marketplace sellers, eBayers, and car booters, Jobalots has something for everyone.
With the assistance of the Multivendor Marketplace App, Job lot is transforming its Shopify store into a marketplace where sellers can list products, allowing Job lot to earn a commission on sales. Once registered, sellers receive their management panel to oversee their products, profiles, and orders. When a seller’s product is approved, it syncs seamlessly to Job lot’s Shopify store, appearing as part of the marketplace. By focusing on auctioning trade-to-trade job lot pallets and boxes, Job lot leverages the Product Auction App by Webkul to simplify the auction process, enabling sellers to list their items easily for auction and providing bidders the chance to place competitive bids and purchase products at attractive prices.
With one of the most advanced and lucrative e-commerce markets in Europe, online shopping has become the norm for consumers throughout the United Kingdom (UK). By 2024, it is projected that around 50 million people in the country will be e-commerce users, making non-digital buyers a minority within the overall population.
After the coronavirus pandemic in 2020, UK internet retail sales surged by 47 percent, the fastest growth in a decade. However, this was followed by a decline in 2022 due to inflation and global events. By 2023, the e-commerce sector began to stabilize, with steady growth expected across all segments. The fashion industry remains the strongest, accounting for over a quarter of retail sales in textiles, clothing, and footwear coming from online channels. Food and consumer electronics also generate significant revenue, led by major brands like Tesco, Just Eat, Amazon, and Apple.
Job lot can enable their sellers to create auctions for their products by specifying a base price and auction duration. This feature is crucial for allowing sellers to list their products, enabling buyers to place bids.
Sellers can set a base starting price and establish a reserve price. If bids reach or exceed this reserve price, bidders can purchase the auction items if their maximum bids are the highest.
Furthermore, sellers can determine the auction duration. The Product Auction app by Webkul also includes features like proxy bidding and popcorn bidding, providing additional flexibility for both sellers and bidders.
The Product Auction App by Webkul allows users to streamline the auction process by creating multiple product auctions simultaneously. This feature saves sellers significant time and effort, enabling them to set up bulk auctions easily instead of adding products one by one.
The app enhances the overall auction experience, making it quicker and more user-friendly for sellers looking to engage their audience. It also includes innovative features like proxy bidding and popcorn bidding, allowing users to switch effortlessly between a normal bid and a proxy bid with just a single button. This streamlined approach enhances the bidding experience, giving participants the flexibility to engage in auctions more effectively.
When bidders participate in our product’s auction, the highest bid at the end determines the winner. If the “Approve winner automatically” option is enabled, the process occurs automatically; otherwise, the admin manually declares the winner. Once identified, the winner receives a notification email with a link to check their status and easily purchase the item. After the purchase is complete, the admin notifies the seller to fulfill the order, ensuring the winning bidder receives their item promptly and efficiently.
The auto-pay feature automatically deducts the winning bid amount from the winning bidder’s card. To set this up, a minimum amount must be specified to authorize auto-pay upon winning, which needs to be at least USD 0.50 to comply with Shopify’s minimum payment requirement. This charge must also meet or exceed this amount during the bidding process.
Once the setup is complete, merchants can create auction products and define the “Autopay Authorize Permission Amount” for placing bids. This amount authorizes auto-payment by the bidder. If they win, the winning amount is automatically deducted; if they do not win, the order amount is refunded.
When a product is created for the auction and bidders place their bids, the system declares the highest bidder as the winner. The winning bidder receives an email at their registered address containing details about the winning product and a “Buy Now” link. They can use this link to purchase the product directly or visit the website to complete the transaction.
Once the payment is confirmed, the respective seller can fulfill the bidder’s order.
This refers to shipping options set by the store owner or merchant. They can define shipping methods, rates, and policies that apply to all products in the store.
The merchant has full control over the shipping process, ensuring consistency and reliability for all auctioned products.
This allows individual sellers to manage their shipping settings for their products. Each seller can specify their preferred shipping methods, rates, and delivery options.
This provides sellers with the flexibility to cater to their specific needs and customer preferences, enhancing their auction experience.
This dual management system helps balance control and flexibility for both merchants and sellers within the auction platform.
Job lot has effectively positioned itself in both the UK and broader European markets by specializing in trade-to-trade job lot pallets and clearance items, ensuring fast and cost-effective delivery. By utilizing the Multivendor Marketplace App and the Product Auction App by Webkul, Job lot streamlines the auction process, enabling sellers to easily create listings while providing buyers with a competitive bidding experience.
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