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Time is getting shorter in online car sales
Time is getting shorter in online car sales
25.03.2022
GENERAL

Automotive, one of the sectors most affected by the economic fluctuations around the world, is rapidly shifting its sales to digital. While it is predicted that the global online automotive market will reach $722.79 billion by 2030 with a CAGR of 12.2%, Baran Kurga said, “We are shortening the time of purchase and sale of vehicles with the reverse trade model. We have also adapted the digital auto dealership to the needs of the buyers and sellers.”


*** This release is originally published in Turkish.
Google Translate Application translates the content you see on this page.***


ISTANBUL (TR) - With the acceleration of digital transformation, consumer habits are changing. Automotive, one of the sectors most affected by the economic fluctuations in the pandemic, is rapidly shifting its sales to digital. According to data released by Allied Market Research on the subject, the global online car sales market is predicted to reach $722.79 billion from 2021 to 2030, recording a CAGR of 12.2%.

Baran Kurga, CEO of AlıcıBul, one of the digital vehicle trading platforms, said, “Long-term forecasts regarding the automotive industry, which has experienced a decrease in both supply and demand due to market conditions as well as the chip crisis, show positive. In this process, users are turning to digital channels and online sales. In our research, we have seen that a vehicle put up for sale over the internet can be sold in an average of 29 days. Based on this insight, we creatively transformed the traditional patterns of vehicle buying and selling. With BuyerBul, we rewrote the seller-buyer relationship according to the necessities and possibilities of the digital world.”

Sellers find buyers

Stating that they accelerated the purchase and sale of automobiles with reverse trading, Baran Kurga said, "When you enter the platform and click on the become a buyer button, the criteria such as the brand, model and age of the vehicle sought are determined. This way, reverse trade begins. The vehicle advertisements of the sellers are listed in front of the interested buyers. commerce is accelerated. BuyerBul also includes an active messaging area to increase user interaction." said.

“We brought a fair trade environment to auto buying and selling processes”

Baran Kurga said that they built AlıcıBul as a platform that accelerates the process of buying and selling vehicles with the reverse trading model, and said, "Although the automotive industry has become digital, we have discovered that online platforms also have shortcomings, and we decided to develop the BuyerBul application, which is both a fast and fair trade environment. By blending our business idea with technology, we brought a new breath to the auto buying-selling sector, which was highly affected by economic conditions, especially during the pandemic period. Thus, we opened the door for both parties to complete their shopping processes with satisfaction.”

Sellers can send messages to those who inspect the vehicles

Baran Kurga said that with the project they have implemented, they have recently offered a digital solution to the car dealerships that have moved from the city centers, "Thanks to BuyerBul, the dealers will be able to continue their business in the city center without having to suffer high rental costs and operational difficulties. They will be able to show their vehicle in any place to the buyer thanks to the application and talk through the application. Also, sellers don't have to hold their vehicles for a long time." he said.

On the other hand, Baran Kurga stated that they have signed a cooperation with the Car Studio brand, which works with artificial intelligence technology on a global scale. "In this way, we can clear the background of all vehicles uploaded to Find Buyer and ensure that they have a professional look as if they were taken in a gallery." said.

Contact: Tülay Genç | [email protected] | +31 30 799 6022

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