SPECCX for Sellers: How Farmers Can Trade Smarter
Selling crops or commodities on SPECCX is designed to be straightforward and transparent. Here’s the journey from sign-up to settlement:
A Seller’s Journey on SPECCX
Step 1: Signing Up
John registers on SPECCX with his email, sets up his farm profile, and agrees to the platform’s rules. In minutes, he’s ready to showcase his harvest to the marketplace.
Step 2: Listing Inventory
He uploads details of his grains — type, quantity, and delivery timing. Using the SPECCX Cost Calculator, John sets a competitive price that reflects his costs and market value.
Step 3: Making Offers
John sees buyer requests that match his crops. He submits a non-binding offer — essentially raising his hand to say, “I’m interested.” When a buyer’s non-binding offer matches his, SPECCX automatically places them into a negotiation room. From this point forward, every offer exchanged is binding, ensuring both parties are serious about the deal.
Step 4: Negotiating Terms
John and the buyer discuss delivery schedules and payment conditions. Once they agree, SPECCX generates a binding contract that locks in their agreed upon terms.
Step 5: Settling the Transaction
John chooses a forward contract, scheduling delivery for the upcoming harvest season. The buyer agrees, and SPECCX enabling traceability from John’s farm to the buyer’s warehouse.
For John, SPECCX transforms selling from a stressful guessing game into a transparent, efficient process.