ACV Launches Marketplace 2.0

By Staff Writer December 21, 2020

ACV Auctions, an online automotive marketplace for dealers and commercial partners, announced the launch of Marketplace 2.0, the digital redesign of its ACV Auctions buying experience. This launch represents ACV's response to dealer feedback requesting enhancements to how they find, view and manage auctions of interest. Marketplace 2.0 was built to optimize the buying experience, prioritizing customization and efficiency.

"For dealers, time is money, and our platform enables them to make the most informed decisions in the least amount of time, maximizing their business potential and driving their bottom line,’ said Greg Borowski, vice president of product solutions at ACV Auctions.

The updated marketplace introduces new intuitive searching, browsing and filtering options to keep users informed and increase speed to purchase. Additional key features create an entirely new, customizable buying experience:

  • The new “Saved Searches” feature lets dealers create multiple, simultaneous filters by using the platform's robust search and filter sets. Users can search by vehicle make, model and trim and utilize improved filters to adjust color, price and distance preferences. Searches can be saved and rapidly accessed to save dealers time.
  • A newly streamlined interface implements “digital auction cards,” allowing users to view important details upfront and place bids directly. Plus, a new fast action panel allows dealers to monitor all auctions of interest in one place to make quicker, more informed and cost-effective decisions.
  • An advanced “Watchlist” feature allows dealers to "favorite" auctions of interest and pin them to the screen for continuous monitoring. By viewing all actions at once, dealers can quickly come to a bidding decision, lessening the time between search to buy.
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Last modified on Monday, 21 December 2020 15:11