I’ve run 1,000+ eAuctions. And I can tell you: most teams still don’t use them to their full potential.
Too often, eAuctions are seen as “just price battles.” But when implemented correctly, they deliver 6% additional savings, transparency, and stronger supplier relationships.
If you’re a procurement leader, here are five essential steps to make your eAuctions a success.
Start by adopting a clear definition of eAuctions:
“An online, market-driven negotiation based on total value, with commitment.”
This simple shift helps your team move away from treating eAuctions as only price-driven and builds a foundation of governance and credibility.
Every eAuction must start with the right strategy. Assess:
Avoid the trap of “one size fits all.” Success comes from tailoring the event format to your market. For example, at CROWN we use 18 different negotiation scenarios.
Suppliers need to see eAuctions as an opportunity, not a threat. That means:
Example: One supplier we trained through a client’s eAuctions later asked us to help them adopt eAuctions in their own sourcing process.
Rolling out eAuctions isn’t a one-off project. To succeed long-term:
Without consistent reinforcement, momentum fades fast.
Data is the best proof. Track results, share wins, and celebrate savings.
When leadership sees 10–15% cost reductions combined with efficiency gains, eAuctions become a permanent part of the procurement culture.
At CROWN Procurement, we’ve built eAuctions as a fully managed service. We know how hard it can be to design, scale, and govern them.
Whether you’re launching your first event or optimizing a mature program, we provide:
The time to elevate your sourcing game is now.
I believe in eAuctions because I’ve seen them work—again and again.
What’s your experience with eAuctions? Do you see them as a price battle, or as a strategic negotiation tool?