RemaxWorld Buyer Festival Auctions Off 400K Cartridges

Almost 400,000 compatible toner cartridges were auctioned off at a Buyer Festival held during the 2021 RemaxWorld Expo in Zhuhai, China. Cartridges were snapped up from as low as CN¥14.7 (US$2.27) for popular compatible HP cartridge models. A sudden-death-styled auction called “seckill” (秒杀 in Chinese) originates with a legendary warrior who can kill his enemies within seconds. It has become a popular term for the online shopping community to define the rapid sell-out of newly advertised goods. The seckill and auction-style Buyer Festival was held in three short sessions over the three-day expo on September 16-18 aiming to bring new excitement to the event. Zhongshan Senwill Office Supplies Co., Ltd. (Senwill) provided 100,000 toner cartridges including compatible HP CF400, 500, and 510 toner cartridges, and 130,000 compatible HP 388 toner cartridges for bidding in the first session.

According to Senwill vice general manager Kejin Luo (pictured), the compatible CF400 toner cartridge series is well known for its stable quality thanks to automation production. Participants at the auction were able to view the print quality before the auction started. The first session auctioned off 230,000 compatible cartridges in total. Thirteen participants walked away with between 100 and 10,000 sets (packages of four) compatible cartridges. Zhuhai Yuancheng Digital Technology Co, Ltd provided 60,000 compatible pieces (20000 sets) of TN 2325/LT 2441 toner cartridges. After a few rounds of bidding, all these cartridges were auctioned off at the price of RMB 15.6/unit. To add more excitement, the company added 10000 sets to those who didn’t get the chance in bidding.