The Rack37 Platform provides the proprietary technology and services for businesses to liquidate their product via auction to other interested businesses who intend to resell the product.
Larger businesses, such as Sears, Target, Walmart, etc, have their own sites to liquidate their product.
Generally speaking, smaller to medium sized business are hosted under our umbrella marketplace called Rack37.
Since Rack37 facilitates B2B stock liquidation, you must have a registered account with us with complete KYC process along with GST.
You must apply separately to each marketplace since each company has its own approval criteria. Please visit http://www.rack37.com for a full list of marketplaces Rack37.
Once you choose the marketplace you want to register on first, you can start the application process!
As Per our terms of service, multiple emails associated with the same business are not allowed. However, we do realize that exceptions do occur, and if a company is authorized more than one bidding account, you are prohibited from bidding on the same lots. Such an act would be considered “agent bidding,” which is when anyone (such as friends, family, roommates, employees, online connections, etc) bids on an item with the intent to artificially increase its price or desirability. This is not allowed per our terms of service. Our security team will monitor the customers for compliance
Not all marketplaces are open for Indian buyers. As with all marketplaces, you will need to create an account with the same email and password by clicking the “register/login” link in the top right.
Please refer to the list below:
All on-board brand list here
When bidding on lots, please keep in mind the following:
1) There may be restrictions listed on each auction page.
3) If the seller of merchandise on a lot that you win does not deem your documentation sufficient, they may request more documentation or cancel the order..
Rack37 provides a number of options for buyers who are interested in the services we provide. We have a specialized team devoted in making sure that our buyers have access to the auctions and product in which they are interested.
Once you are approved on a marketplace, you will receive emails alerting you to auctions that are opening and to auctions that are closing soon.
If you wish to cease receiving all marketing emails entirely, you have a number of options available to you to make them stop:
Rack37 requires that all users have a registered business that can provide valid resale documentation; we cannot accept a non-profit tax-exempt number
This is because Rack37 facilitates in online business to business liquidation with the intent that the product be resold for profit. You are exempt from paying sales tax at the time of purchase because it will be collected when you resell the product.
It is because of this that we cannot accept non-profit organizations at this time.
If you are a business owner who is interested in liquidating their stock and would like to join the Rack37 platform, then you have come to the right place! Please visit our page and register yourself as seller.
Yes visitors can visit to our office locations Registered office or Corporate office.
You need to go to our website and click on the registration once it opens please fill the required details. Once you do that you will be registered as a seller with us.
You need to go to our website and click on the registration once it opens please fill the required details. Once you do that you will be registered as a buyer with us.