Introduction:

Hermesian.ro is a website that allows users to buy and sell products through auctions.

Hermesian provides the selling of items in different categories,and regimes:

• Simple Non-Commercial Auction
• Simple Commercial Auction
• Commercial Auction
• Agency Auction
• Bulk Auction (Dump)
• Bulk Auction (Max)

Step-by-Step Explanation:

After adding an auction, the user must wait for the auction to be approved by the website's moderators. Then the auction will be published on the website, and the user will be notified.

The auction will be active for a period of time, and the user will be notified when the auction is over.

After that, there is a grace period for the auction winner and the seller to make the payment and the delivery.

If the payment and delivery are not made in the grace period, the auction will be cancelled, and the user will be notified.

After confirming payment and delivery of the product, Either the seller or the can confirm that sale took place.

Hermesian Fees:

At the bottom of every bidding widget, there is a section that shows the fees for the auction.

As of now, the fees are (% of the winning bid/s):

• Simple Non-Commercial Auction - 4%
• Simple Commercial Auction - 5%
• Commercial Auction - 5%
• Agency Auction - 9%
• Bulk Auction (Dump) - 3-5%
  • (5% for sales under 100.000 RON, 4% for sales under 300.000 RON, 3% for sales over 300.000 RON)
• Bulk Auction (Max) - 3-5%
  • (5% for sales under 100.000 RON, 4% for sales under 300.000 RON, 3% for sales over 300.000 RON)

At the end of the auction, both the seller and the buyer will be charged the fees, for the seller as a commission and the buyer as a guaranty.

The buyer guarantee is to ensure that the sale will take place, and the seller will not be scammed. The buyer will be refunded the guarantee if the sale takes place.

In case of a dispute, the seller may be refunded the commission, and the buyer may be refunded the guarantee, and is subject for a Hermesian moderator to decide based on circumstances.

Detailed Descriptions:

Hermesian provides the following regimes of sale:

Simple Non-Commercial Auction

• Designed for private individuals
• May not be used by companies
• Goods sold are not subject to VAT
• Goods sold are not subject to warranty
• Goods sold are not subject to return
• Goods sold are not subject to guarantee
• Goods value may not exceed 90.000 RON

Simple Commercial Auction

• Designed for companies
• Buyers can be private individuals or companies
• Goods sold are subject to VAT
• Goods sold may be subject to warranty
• Goods sold may be subject to return
• Goods sold may be subject to guarantee
• Goods value may not exceed 90.000 RON

Commercial Auction

• Designed for companies
• Buyers can be only companies
• Goods sold are subject to VAT
• Goods sold may be subject to warranty
• Goods sold may be subject to return
• Goods sold may be subject to guarantee
• Goods value may exceed 90.000 RON

Agency Auction

• Designed for private individuals or companies that need a third party to sell their goods
• Buyers can be private individuals or companies
• Goods sold are subject to VAT
• Goods sold may be subject to warranty
• Goods sold may be subject to return
• Goods sold may be subject to guarantee
• Goods value may exceed 90.000 RON

Bulk Auction (Dump)

• Designed for companies that need to sell a large quantity of goods
• Buyers can be only companies
• Goods sold are subject to VAT
• Goods sold may be subject to warranty
• Goods sold may be subject to return
• Goods sold may be subject to guarantee
• Goods value may exceed 90.000 RON
• Goods are sold in bulk, and can have multiple buyers (for different quantities)
• Goods are sold in bulk, and the final combination of winning bids is designed to sell all the goods

Bulk Auction (Max)

• Designed for companies that need to sell a large quantity of goods
• Buyers can be only companies
• Goods sold are subject to VAT
• Goods sold may be subject to warranty
• Goods sold may be subject to return
• Goods sold may be subject to guarantee
• Goods value may exceed 90.000 RON
• Goods are sold in bulk, and can have multiple buyers (for different quantities)
• Goods are sold in bulk, and the final combination of winning bids is designed to maximize the profit, even if not all the goods are sold

Benefits and Value Proposition:

Hermesian is designed for the Romanian market, and it is designed to be used by both private individuals and companies. The format of the auctions is a result of a 2 years market research on over 100 companies and 1000 individuals on their views of how they would like an auction to take place, and it is designed to be as fair as possible.

By using Hermesian, you can be sure that:

• All the products are checked by Hermesian moderators
• All the sellers are verified
• All the buyers are verified
• All the auctions are fair and transparent

FAQs or Additional Information:

What is Hermesian?

Hermesian is an auction platform, developed by Spectral-Bit Team, after years on research on the topic of sales. The name comes from the Greek God Hermes, the God of Commerce.

TBA :)