the online shipping marketplace

uShip is excited to announce the launch of a new advanced bidding tool: Bid Valet. We have noticed that Service Providers frequently bid multiple times on the same shipment in competitive bidding situations. In an effort to make this re-bidding easier and faster, our new Bid Valet tool allows qualified* TSP’s to automate their re-bidding based on their desired bidding strategy and timeframe.

Why should I try Bid Valet?

• Save time bidding and re-bidding - just set your lowest acceptable bid price and Bid Valet will do all the re-bidding work for you to give you the most possible revenue. No need to come back to the site if you are on the road or away from your computer. Bid Valet works for you 24/7.

• Get higher match prices – with Bid Valet, you can start with a higher bid without the hassle of re-bidding down to a lower price. Bid Valet will lower your bid in your customized time and dollar increments depending on how aggressive you want to be.

• Be more competitive by automating your bids - you can set Bid Valet to automatically underbid competing Service Providers until you reach your lowest acceptable bid price.

There are two ways Bid Valet helps you:

1. Automatically re-bid when you are underbid by other TSP's. If you are underbid the Bid Valet will automatically place a lower bid in small, predefined increments until reaching your preset "lowest bid" price. These bids are triggered after a 2 hour delay or if the customer declines your bid because the price was too high.

2. Automatically lower your bid periodically by a set amount. Bid Valet will automatically lower your bids in the time and dollar increments you choose, until you reach your "lowest bid" or until any bid is accepted.

You can use either option above on any bid - or use them both to doubly increase your chances of winning jobs.

In addition, Bid Valet can be used simultaneously with other suites of tools such as Group Bidding, Book-it-Now, and My Rates to provide you with a “virtual business manager” that works on your behalf.

Click here to Learn More about Bid Valet, including examples of when a TSP might choose to use it. You can also give us your feedback and discuss Bid Valet in our uShip’s Discussion forums. We are very excited about the power of this unique, customizable tool and we hope that all qualified TSP’s will give it a try.

*Bid Valet is only available to "qualified" Service Providers who have at least 10 feedback and at least a 90% positive feedback rating.

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