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Buying

 

Overview  |  Registration  |  Finding merchandise  |  Using “My Account” page

Buying formats  |  Payment methods  |  Shipping  |  Completing the purchase

 

Selling

 

Overview  |  Registration  |  Listing merchandise  |  Managing your listing

Payment and checkout  |  Shipping

 

 

Buying Help

 

Overview

 

Registration

 

Finding merchandise

 

Using “My Account” page

 

 

Buying formats

 

 

Payment methods

 

 

Shipping

 

 

Completing the purchase

 

 

 

 

Overview

 

What can I find at Tougi.com?

At our online marketplace, Tougi.com, we offer a wide variety of bulk wholesale merchandise to cater to the unique needs of professional buyers. We offer new, used, refurbished, returns, closeouts, and even salvage merchandise in many different categories. Most Tougi.com auctions start at $100 with no reserve, letting the marketplace decide the final price. New auctions are added daily, so be sure to visit our site frequently. 

 

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How can I buy from Tougi.com?

Step 1: Register - Registering as a buyer on Tougi.com is free and easy. Simply click here to complete the new member registration application. Depending on the information you submit, you will receive a response confirming your membership within 24 to 72 business hours.

 

Step 2: Find Merchandise - Browse auctions on our site be performing a basic keyword search from the search bar on every page, or clicking on Advanced Search beneath the search bar for multiple criteria.

 

Step 3: Bid - Once you have a valid user account, you may bid on any auction by entering your maximum bid in the "Place Bid" box on any auction view page.

 

Step 4: Pay for an Auction - We accept many different types of payment including PayPal, Credit Card and Wire Transfer.

 

Step 5: Receive Assets - Assets are typically shipped within 6 business days of receipt of payment.

 

Step 6: Manage Your Account - Visit the My Account section to view transactions, change your profile, set up saved search agents, add auctions to your watch list, and more.

 

 

 

Registration

 

How do I register?

Registering as a buyer on Tougi.com is free and easy. Simply click here to complete the new member registration application. Depending on the information you submit, you will receive a response confirming your membership within 24 to 72 business hours. 

 

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Why do I need to register?

Buyers and sellers must register with us because we need to collect information for legitimacy verification.

 

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What do I do if my application has not been accepted?

To request a review of your application, you may email us at cs@Tougi.com

 

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How do I change my user ID?

You cannot change your user ID. If you must change your user ID, you will have to re-register with a new user ID.

 

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What do I do if I forget my user ID and/or password?

Click here to retrieve your user ID or password. 

 

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Finding merchandise

 

How do I find the merchandise for sale?

You can browse the merchandise available for sale on the Tougi.com home page. Alternatively, you can use the basic search box or advanced search that can be found at the top of the home page. The Basic and Advanced search allows searches by Item ID, Item title, and other parameters.

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How do I start buying?

Once you have registered and found auctions of interest, place your bid by entering your maximum bid in one of the "Place Bid" boxes located at the top and bottom of the auction page. 

 

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What types of merchandise do you offer?

We sell bulk inventory merchandise including returns, closeouts, refurbished merchandise, retail-ready merchandise, etc. Our categories of product consist of clothing & accessories, jewelry & watches, computers & networking, consumer electronics, general merchandise, housewares, hardware & equipment, and vehicles. 

 

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What conditions of merchandise do you offer?

New - New assets are in original packaging and possess all of the characteristics/qualities/features as advertised by the manufacturer. Traditionally, they are overstock items that were never offered for sale in a retail environment or used in any way.

 

Refurbished - Refurbished assets are used but have been inspected, tested, and restored to full working condition. They rarely come in original packaging and seldom contain any documentation or any additional parts and/or accessories. Due to their operational history, refurbished assets possess noticeable cosmetic defects and blemishes, including but not limited to dents, scratches, and signs of age.

 

Shelf Pulls - Shelf pulls were previously available for sale in a retail environment but were never sold. They usually possess one or more price tags and/or stickers, indicating multiple markdowns, and have been exposed to appreciable customer contact. In addition, since most of these items are sent through a reverse supply chain (e.g. from a retailer back to a centralized warehouse), they can show signs of further handling. Accordingly, Shelf Pulls may exhibit a wide range of individual product and package conditions that can differ substantially from the original manufacturing.

 

Used - Used assets were previously sold and put into use. They possess noticeable cosmetic defects and blemishes, including but not limited to dents, scratches, and signs of age. Since these assets are usually pulled from a working environment, they rarely come in original packaging and rarely contain any documentation, additional parts, and/or accessories. They are minimally tested to meet only the most basic requirements of functionality. Used assets therefore may not be in optimal working condition and may require additional maintenance and repair.

 

Returns - Returned merchandise was sold to a customer, who then either physically brought the item back to a store or mailed it to a specified location. Reasons for returning a product may not have any correlation to its usefulness (i.e., size, color, model, etc.), and as a result that product may be in fine working order. The majority of returns, however, do have some operational and/or cosmetic problem. Depending on a company's return policy, these items may also reflect a measurable amount of use. In addition, since most of these items are sent through a reverse supply chain (e.g. from a customer back to a store or a centralized warehouse), they can show signs of further handling. They generally do not come in original packaging and often do not have any of the advertised documentation or additional parts and/or accessories. Accordingly, returns can exhibit a wide range of individual product and package conditions that can differ substantially from the original manufacturing.

 

Salvage - Salvage assets have been identified as defective for reasons concerning their functionality, appearance, or both. Salvage assets usually can only be used for parts.

 

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Who supplies this merchandise?

Companies selling surplus merchandise on Tougi.com include retailers, manufacturers, public sector agencies, financial institutions, service companies, and logistics providers. 

 

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What if I have questions about an auction?

A Buyer can ask a Seller a question about any of our auctions. Click on the "Ask seller a question" link on any auction page and type in your question. The question will be sent to the seller via the open Q&A board, and the seller will post their response to your question on the board. Note: Before asking a question, please check to see if someone else has already posted the same question.

 

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How can I find out where the merchandise is located?

The location of the merchandise can be found under the “Shipping and Logistics” section of the auction page.

 

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How do I file a dispute?

Disputes must be filed within 2 business days of delivery of merchandise and a Dispute Form must be submitted. The buyer must complete the Dispute Form. We will investigate the matter and come to a resolution within 10 business days. All parties must abide by the dispute resolution provided by Tougi.com.

 

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What is your policy regarding chargebacks and credit card fraud?

Tougi.com offers an efficient dispute process, providing resolution for any dispute filed because of gross misrepresentation. As per our terms and conditions, buyers have agreed to use this dispute resolution process and should not use credit card chargebacks as an alternative way to resolve a dispute. Any buyer who attempts to rescind a credit card transaction (i.e. chargebacks) without our express written consent will be IMMEDIATELY banned from Tougi.com. 

 

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Using “My Account” page

 

How do I monitor my transactions?

You can monitor active and completed transactions from your account. 

 

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How do I add items to my watchlist?

You can add items to your watchlist from the Auction View Page - Click on the link at the top of the auction listing to add the item to your watchlist. You can view auctions from your watchlist in your account. 

 

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Where do I view questions and answers I have asked about an item?

You can ask a seller a question by clicking on the "Ask seller a question" link at the top of the auction view page. By clicking the link “Questions and Answers” you can view other questions buyers have asked about the auction.  There is also a link in your account that will show you specific questions you have asked about an auction and the seller’s response.

 

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Where do I manage my profile?

You can manage your profile from your account. Here you can change your contact and password information.

 

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Buying formats

 

How do I place a bid?

The bidding process varies depending on the auction type.

 

Standard Auction (a/k/a Single Merchandise) -- Place your bid by entering your maximum bid amount in the "Place Bid" box on any auction view page. Once you click "Submit" you will have the bid placed.

 

Buy Now Auction -- Place your bid by entering your desired quantity in the "Your quantity" box on any auction view page. The price is preset on this type of auction and you cannot change it. Once you click "Submit" you will have the bid placed and auction won.

 

Reverse Auction and Name Your Price Auction – Sellers compete for the right to sell their item therefore driving the price down. Place your bid by entering your lowest price that you are willing to sell the item for. The seller who made the lowest bidder wins the auction.

 

Once you click "Submit Bid," we will ask you to provide your shipping and credit card information. After you have provided us with this information, the system will display a confirmation screen of all your desired bids, allowing you to verify your information before you click on "Confirm Bid". You will need to submit your shipping and credit card information only once per auction and the credit card information provided will only be used for the purpose of bidding on this auction. Upon winning an auction, you will still need to use one of the designated payment options. 

 

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Why am I required to submit shipping and credit card information to place a bid?

This information is used for your protection for validation purposes. A validated bidding environment protects your interest and ensures that only qualified buyers are bidding against you. Should you become a winning bidder, this information is needed to ensure timely processing of your transaction and rapid receipt of your merchandise. 

 

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How can I automatically increase my bid? What is Auto Bid?

You can use Auto Bid to automatically bid for you. To use this feature, make sure to check the “Auto bid” checkbox and enter your maximum bid amount (highest bid that you are willing to pay) into the bid box on the auction page. Our system will record your "maximum bid" amount and place a bid at the current LOWEST minimum bid. If another bidder outbids your LOWEST minimum bid, the system will automatically place another bid for you putting you back as the current winning bidder. The auto bid system will continue to make LOWEST minimum bids on your behalf until you are the winner of the auction or until another bidder bids higher than your auto bid. Auto bids are completely private and are never displayed to other bidders.

 

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What if I lose connectivity while bidding?

The bid only goes through after you have received a confirmation page. If this page does not appear, the bid is not valid and was not accepted. If you do not receive a confirmation page please call Buyer Relations immediately. 

 

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How do I know if I've been outbid?

You will receive an email notifying you that someone has outbid your highest bid price. If the auction is still open, you will have a chance to place a new bid or auto bid by going back to the auction page or by logging into My Account. 

 

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How can I monitor the status of my bids?

You can monitor the status of your bids on all auctions by clicking on the “Current Bids” link in the My Account section. 

 

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How do I know if I've won the auction?

After you have won the auction, you will receive an email notification with payment instructions. Once we receive and process your payment, we will notify the seller and instruct them to prepare the merchandise for pick up and/or delivery to the shipping address on file. 

 

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How can I cancel a bid?

A bid is a binding contract. Once the bid has been placed, it cannot be cancelled or retracted. 

 

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What is a quantity variance?

Quantity variance is the percentage of items that are deemed to be either in excess of or less than the amount listed on the auction; ranging from 1-10% per auction. The quantity variance is calculated on a per unit price, and pertains to all merchandise within an auction, including missing or damaged items. However, asset condition of the merchandise within this variance may differ from the rest of the auction items. 

 

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Payment methods

 

How do I pay?

If you are the winning bidder of an auction, as soon as the auction is closed you will receive an e-mail notification with payment instructions. You may pay for your auctions online by logging into My Account and click on “Items Won” in the My Account tools.

U.S. buyers may pay via wire transfer, PayPal, or credit card, with a limit of $5000 per transaction for PayPal or credit card purchases. First-time buyers may use the same methods of payment, but they may not use a credit card or PayPal to purchase used or salvage assets until they have completed their first transaction. Any transaction over $5000 must be paid via wire transfer.

 

All international buyers must pay by wire transfer.

 

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What are the different payment options?

Wire transfer - A wire transfer is an electronic payment service for transferring funds by wire from one bank account to another over the Federal Reserve Wire Network. This is the fastest and easiest method of payment.  Once your auction has ended and you are the confirmed winner, we will send you an email with all of the relevant wire transfer account information for your transaction. This email will include the name of our bank, the account number, and the transaction information needed to perform a wire transfer. Be sure to print out this email and bring it with you to your bank.

 

Go to a branch office of your bank. Most banks require you to set up wire transfers by going into your local branch office as a fraud protection measure.

 

Be prepared with the following on hand:

  • Picture ID.
  • Name of bank transferring funds to.
  • Account number transferring funds to.
  • Transaction Number for the Auction
  • ABA Routing number of account transferring funds to.
  • Or print the Wire Authorization form.

 

Speak with a bank representative to set up wire transfer.

 

Make all transfers prior to 2PM for processing to occur the same business day.  We will send you an email notification once the bank has processed your payment and your order is ready to ship. In the meantime, you can check the status of your transaction online by going to My Account section on Tougi.com.

 

PayPal - PayPal is widely used for online transactions. U.S. buyers may pay for any transaction up to $5000 using a PayPal account. In order to pay for your auctions via PayPal, simply log in to My Account on the Tougi.com website and follow the payment instructions under Transactions. All PayPal payments must be made in U.S. dollars from U.S. accounts, and we do not accept e-checks. Please keep in mind that payments via PayPal can only be made by initiating payment from the Tougi.com website. If you do not have an account with PayPal, you may click the link at the bottom of the Tougi.com website to sign up for an account. Be sure to set up your account on PayPal prior to bidding on Tougi.com, because it takes a few days to establish an account with PayPal.

 

Credit card - U.S. buyers may use a credit card (Visa, MasterCard, Discover or American Express) to pay for any Tougi.com transaction up to $5000. However, first-time buyers may not use a credit card to purchase used or salvage assets until after they have completed their first transaction on Tougi.com Simply enter the credit card number in the form provided at the time of payment and your transaction will be processed automatically using our secure server.

 

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What payment methods do you accept for buyers located overseas?

All international (i.e. non-U.S. based) buyers must pay by wire transfer. 

 

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Can I use more than one payment method to pay for a transaction?

Payments for any transaction must be submitted using only one payment source (i.e. credit card, PayPal, or wire transfer). We are not able to split transaction amounts in order for the total to be paid using more than one payment method.

 

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What does it cost me to buy on Tougi.com?

We do not charge a fee to register or browse through our marketplace. As a winning bidder, you pay the final auction price, a buyer's premium, and appropriate shipping fees, which are collected by us prior to goods being shipped from the seller's location. 

 

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What is a Buyer's Premium?

A buyer's premium is a standard auctioneering fee that helps cover the cost associated with sourcing products, marketing auctions, running the marketplace and managing services such as payment collection, fulfillment, shipping and inspection. Unless otherwise stated in the auction, our standard buyer's premium is 5% of the final bid price. 

 

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When is my payment due?

Payment by winning bidder is due immediately upon the close of the auction. This payment includes the full amount of the winning bid, the buyer's premium, and finalized shipping charges. Payment must be received within 2 business days of auction closing to avoid any penalty and/or cancellation. 

 

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Is there a penalty if I don't make my payment on time?

There is a cancellation fee applied to any late payments. This fee is 15% of the auction lot price or $200, whichever is greater. If we do not receive the funds or payment within the specified time frame, your transaction will be aborted and your account may be suspended. 

 

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Is your payment processing secure?

Yes. All payment information will be stored and processed using our secure server. All the data is transferred in an encrypted format, and it can only be decrypted by the processing bank or by us. 

 

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Which currencies do you accept?

Currently, we only accept payment in U.S. Dollars. 

 

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Which types of credit cards do you accept?

We accept Visa, MasterCard, Discover and American Express. 

 

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Can I pay for more than one transaction at once?

You can pay for several transactions at once by using the wire transfer payment option. Just make sure to include all the transaction IDs in the wire. If paying with credit card or PayPal, you must process each transaction individually. 

 

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How do I check the status of my payment?

We will notify you via email as soon as your payment has cleared. You can also check the status of your payment online in My Account. 

 

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How long does it take for a payment to clear?

Wire transfers, credit card and PayPal payments will post to your Tougi.com account within 1-3 days of processing. 

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I am a Canadian buyer. Why can't I use my PayPal account?

We only accept payment via PayPal from our U.S. customers because, at this time, we do not have the infrastructure to verify addresses outside of the U.S. In order to qualify for payment via PayPal, the user must supply a U.S. address for their contact, billing and shipping information, and the customer must pay for the transaction in U.S. dollars using a U.S. account. We do allow international buyers to pay via wire transfer, which is a fast and easy method of payment. 

 

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Why am I being charged sales tax if I arrange my own shipping or if my shipment is sent to my business or residence in Indiana