Our mission: To provide an open marketplace for the purchase and
sale of industrial equipment, supplies, and services.
FactoryNetwork.com is an open marketplace providing a
means for manufacturers and suppliers to buy or sell equipment, supplies, and services to one another
on-line.
BENEFITS OF SELLING ON FACTORYNETWORK.COM:
- FREE standard equipment listings: List all of
the items you wish to sell in our database for FREE.
Only pay a small sales fee once your item is sold.
- Low sales fees: The standard sales transaction
fee is only 5% of the sales price for the equipment sold for standard listings.
- Only pay for performance: If your item does
not sell, you do not pay the sales transaction fee.
- Sell used or new equipment.
- Retain more value for your assets
- Flexibility of services: FactoryNetwork can
work with you to develop the most cost effective way to sell your equipment -
see Additional Listing Services below.
- Your equipment listing is available worldwide on the
internet: Your equipment is listed in our online database,
allowing potential buyers all over the world to find your equipment by using
standard internet search engines.
- Your equipment gets more exposure: In addition
to our online presence, we also advertise in various trade publications,
giving your equipment more exposure to potential buyers. We can also
provide special marketing services at your request.
- Availability of information: Buyers have
complete access to the equipment information you provide, including pictures
& equipment specifications.
- Bidding online at any time: Buyers can place
bids online, 24 hours a day 7 days a week. Online bidding allows you
to obtain the maximum price for your equipment.
- B2B presence without the high costs: Sell your
goods through our business-to-business (B2B) marketplace without the high
costs of setting up and maintaining your own site.
- Open marketplace: Any company, large or small,
can participate in the FactoryNetwork marketplace. Our web site was
built using open standards, allowing any company with a web browser to
access the marketplace.
- Independent marketplace: The
FactoryNetwork.com marketplace is an independent marketplace for buyers and
sellers. It is not owned or operated by any
manufacturer or supplier and therefore, does not favor either side or
exclude any company. We let the marketplace decide the outcome of all
transactions.
- Equipment categories: All items are listed by
equipment category type, allowing buyers to easily search for specific types
of equipment. Sellers can include very detailed information about their
equipment (including pictures, specifications, etc.). This enables
buyers to search for equipment that meets their exact criteria.
- True market prices: With open bidding, you
will receive the maximum price that the market will bear for your
equipment. Buyers bid against each other, which potentially drives up
the price that you would typically receive for your equipment.
- Hard-to-find spare parts: Often when equipment
manufacturers stop supporting their equipment, spare parts can be in high
demand, resulting in higher prices for used equipment. FactoryNetwork
is a convenient and valuable resource for plants to sell their older
equipment to those in search of spare parts.
- Surplus or excess inventory: The
FactoryNetwork online auctions are a great way for equipment suppliers to
sell excess inventory at true market prices.
ADDITIONAL LISTING
SERVICES AVAILABLE:
Although standard listings are free, FactoryNetwork can also provide customized services as needed in order
to help sell your equipment. We will work with you to select the best level of service for your specific needs at
reasonable rates. To request a quote for the additional listing services, please send an email
to quote@factorynetwork.com
and specify which services you would like FactoryNetwork to provide. The
following services are available for additional charges:
- Listing equipment for you:
Send us a complete list of your equipment, including photos, and we can list the equipment for you.
For more information send an email to
NewListings@factorynetwork.com
(and attach your equipment list if available).
- Taking inventory of your equipment:
FactoryNetwork can schedule a plant visit and take a
full inventory of your equipment for you. Photographs of your equipment will also be taken and included with your
listings on the FactoryNetwork web site.
- Equipment inspections: FactoryNetwork can help you
set up equipment inspections
with prospective buyers.
- Collect written equipment bids: FactoryNetwork can collect written equipment bids and forward them to you for your review.
- Additional marketing services: FactoryNetwork can provide
a focused marketing program, customized to your specifications, to help you
sell your equipment.
BENEFITS OF BUYING
ON FACTORYNETWORK.COM:
- Buyers only pay for performance: Buyers are welcome to
search our online database for equipment and only pay a small sales transaction fee to FactoryNetwork if they
are the successful bidder for the equipment
- Complete access to equipment information:
Equipment descriptions, photos, specifications, and bidding information are
all available to the buyer online.
- Online bidding: Buyers can place
bids online at any time, 24 hours a day 7 days a week. With open
bidding, you will pay true market prices for equipment.
- Extensive search capabilities: Using our extensive
search capabilities, buyers can search for equipment that meets their exact
criteria. All items are listed by equipment category type, allowing buyers to
easily search
for specific types of equipment. Our database allows sellers to list very detailed
information about their equipment (including pictures, specifications, etc.). This
allows buyers to find exactly what they are looking for, without paging through
information that does not meet their requirements.
- Finding spare parts: Find
parts for older equipment. In many cases OEM's stop
supporting equipment regardless of whether or not you still need parts. Many times
this forces you to replace your equipment entirely. By getting the spare
parts needed to continue running existing equipment, you can delay capital spending
on equipment replacement. You will get more life out of existing equipment, which adds to your
bottom line.
- Find deals on surplus equipment and inventory:
Equipment suppliers often sell surplus equipment and inventory through the FactoryNetwork
online auctions. This gives buyers a chance to find good deals on
surplus equipment.
- Open marketplace: Any company, large or small,
can participate in the FactoryNetwork marketplace. The marketplace is built on open
standards, allowing any company with a web browser to access the
marketplace.
- Independent marketplace: The FactoryNetwork marketplace is an independent marketplace for buyers and
sellers in the industrial sector. It is not owned or operated by
any manufacturer or supplier and, therefore, does not favor either side or exclude any company. We let the marketplace decide the outcome of all transactions.
DONATE ASSETS TO CHARITY
AND TAKE A TAX DEDUCTION:
- Immediate tax deduction: Take the tax
deduction for the current market value of your donated equipment,
property, or surplus goods (see your accountant for details on how this may
help your situation).
- Save time: Do NOT waste time trying to sell
used assets yourself.
- Save Money: Do NOT waste money trying to
advertise and sell used assets yourself:
- Helping charities in the process: The money
raised by selling your donated assets goes
toward a worthy cause.
- No fees for donations: Donate all of the items
that you wish with no transaction fees.
- Learn more: FactoryNetwork works closely
with Brownfield Charities,
a charity that specializes in the disposition of used industrial
assets. Brownfield Charities has the resources necessary to handle donations of used industrial assets (including
equipment, property, & surplus goods).
SERVICE NETWORK:
- FREE standard listings - add your company NOW!
If your company is not already in our Service Network, you can add it for free. This is
a great way of marketing your services. Standard Listings are free to all registered users.
- Featured Listings:
Although standard listings are free, companies can choose to receive additional marketing exposure by selecting
to be listed in the top-tier of each category or industry for which they serve, for an additional fee.
Companies that choose the Featured Listing status will be displayed in the top-tier of the search results,
ahead of all of the standard listings, for each category and industry that they choose.
Featured Listings provide companies with additional marketing exposure to potential customers at
a reasonable price. Contact FactoryNetwork for additional information on
Featured Listings.
- Locate quality companies: Find the right
company for any job. The service network is continuously updated to provide
you with the most up-to-date information about the companies you rely on. The
following is a brief list of the types of companies you can find in our network:
- Manufacturers
- Contractors
- Service Companies
- Detailed information: Get detailed information on
companies (including company descriptions, contact information, links to web-sites, etc.).
FactoryNetwork is continuously updating the Service Network database with new information to better serve you.
ADVERTISE ON
FACTORYNETWORK.COM:
- Targeted Advertising: Industrial equipment suppliers and service companies now
have a great place to advertise. Your ads can be targeted directly towards the industrial
markets that you serve,
getting you the most out of your advertising budget.
We can place your ad on specific pages or under specified categories of
our site to help you focus on your target market.
- Ad Types: Banner ads or smaller icon ad spots are available at reasonable
rates. Featured listings are also available under the Service Network and the Equipment Network, for specific categories and industries.
Contact us at advertising@factorynetwork.com to inquire about our current advertising
rates.
- Advertising allows us to keep our fees low:
The revenue that we generate through advertising gives us more flexibility
with the fees that we charge for other services. This allows us to
offer you more services at a lower cost.
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