Q2 2021 eAuction Savings Report

2021 has proven to be another record-breaking year of platform implementation and savings for Scanmarket clients.

Quarter one doubled in platform performance when compared to the same timeframe in 2020, and Q2 saw those same increases when compared to the corresponding period the previous year. This acceleration is even more remarkable when noting that the same period during 2020 also presented phenomenal growth in eAuction adoption.

Despite the many challenges COVID has placed on the workplace, it seems the integration of eAuctions has given users a clear advantage over more manual methods, gaining over 5% savings vs. current price on average. Based on client insights, 2021 continues to be a seller’s market as demand drastically outnumbers supply and the cost of daily-use goods continue to rise.

Within the report, visuals illustrate the overall quarter-to-quarter savings comparisons across nearly all categories from both 2020 and 2021. To learn more,  download the Q2 2021eAuction Savings Report.