AutoSwissAuction: A Transparent Digital Marketplace for Accident-Damaged Vehicles
About the project
AutoSwissAuction is a Swiss-based online auction platform for accident-damaged vehicles, connecting sellers, insurers, and international buyers. It offers real-time bidding, secure transactions, and optimized workflows for a seamless selling experience.
2 weeks
PoC developed & launched on the market
1 Month
Fully functional MVP built
1 Month
Auction bidding product developed
100%
Automated auction process ensuring seamless transactions
99%
Uptime, guaranteeing uninterrupted bidding and sales
30%
Faster vehicle sales cycle compared to traditional methods
0%
Manual intervention in auction workflows
Business Context
AutoSwissAuction is Provider that covers main inefficiencies on the market:
- Selling accident-damaged vehicles is slow, inefficient, and lacks transparency.
- Traditional auction platforms involve complex processes that discourage buyers and sellers.
- Manual intervention leads to delays and pricing inconsistencies.
- AutoSwissAuction provides an automated, scalable, and seamless auction experience for all users.
Accomplishments
AutoSwissAuction existing processes required a complete overhaul to:
- Launched Proof Of Concept to pass legal challenges in 2 weeks
- Fully functional MVP in 2 months for marketing purposes
- Fully functional Product delivered in 3 months
- 100% automated auction workflow, eliminating manual intervention
- Real-time bidding system with a thousand customers per auction and hundreds of cars
- Maximum Security of all transactions
The Results
100% Automated auction workflow, which saved hundreds of hours of manual work
99% Uptime for uninterrupted bidding, securing smooth user experience
30% Faster vehicle sales cycle compared to traditional methods with automations
Secure, fraud-proof transactions
By implementing a modern, user-friendly interface, we significantly enhanced user satisfaction, ultimately leading to an extended Lifetime Customer Tenure (LCT)