Forward Auction
Forward auction is a type of auction where sellers compete to sell their products or services to interested buyers. Unlike traditional auctions where buyers bid to purchase the items, in a forward auction, sellers put up their goods or services for sale and buyers bid to purchase them. This type of auction is widely used in e-commerce and online marketplaces, where sellers can reach a large number of potential buyers and get the best prices for their products or services. It is also commonly used in liquidation sales, bankruptcy
This software is researched and edited by
Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
