Buy Now
Understanding the Buy Now within a marketplace
In a Buy Now trading model, buyers experience a streamlined purchasing process with a single click at a fixed price, specifying quantity and paying the displayed unit price. At the same time, sellers benefit from optimised sales, reduced complexities, and faster order fulfilment, enhancing overall efficiency and convenience.
The process:
Listing set up
The seller sets the fixed price and attributes of the item. Listing is then listed on the platform or marketplace.
The seller sets the fixed price and attributes of the item. Listing is then listed on the platform or marketplace.
Buy Now
Buyers swiftly select and purchase items with a single click, streamlining the transaction. The marketplace updates inventory in real-time, ensuring accurate product availability. Upon confirmation, users receive immediate order confirmations, detailing their purchases.
Buyers swiftly select and purchase items with a single click, streamlining the transaction. The marketplace updates inventory in real-time, ensuring accurate product availability. Upon confirmation, users receive immediate order confirmations, detailing their purchases.
Listing closure
The sold item is swiftly removed from inventory, and the transaction triggers automated processes for seamless order fulfilment and delivery.
The sold item is swiftly removed from inventory, and the transaction triggers automated processes for seamless order fulfilment and delivery.
Why choose Buy Now for your marketplace?
Reach broader audience
Test market quickly
Enable transparent price experience
Allows flexibility combining with other sales models
Empower your organisation with Buy Now technology
Maximise efficiency with NovaFori's versatile auction platforms—Powering transparent and competitive Buy Now auctions across multiple industries.
Clients where we have applied a Buy Now trading model:
A highly reliable and extensive technology platform for the world's leading auction house.
A global marketplace and exchange for voluntary carbon credits to drive environmental impact at scale.
A 21st century approach to North American cattle trading - digitising an analogue agricultural market.
Market-leading auction platform for IPv4 address trading.