Debt Collection and Bankruptcy Offices Discover Ricardo

11.07.2024

Swiss offices and authorities are discovering the Swiss online marketplace Ricardo as a successful sales channel for disposing of items from bankruptcy estates, seizures, lost property, or confiscations. In the first half of 2024, 980 items worth over CHF 1.66 million were successfully auctioned on Ricardo. Offers from official sellers are subject to special legal provisions and are now marked with a unique label on Ricardo.

Increasingly, Swiss debt collection and bankruptcy offices, public prosecutors, lost property offices, and other governmental institutions are using the Swiss online marketplace Ricardo to sell lost, seized, or confiscated items. From January to June 2024, a total of 980 items with a merchandise value of over CHF 1.66 million were successfully auctioned. The high demand for the diverse items is reflected in the over 620,000 visits to the offer pages, as well as the approximately 30,000 bids placed and more than 16,000 Ricardo members following the official sellers.

Unique Inventory
Among the auctioned items are lost bicycles, seized electronic devices, watches and jewelry, entire household furnishings, and even confiscated luxury cars. Compared to traditional live auctions, selling through Ricardo involves less administrative and financial effort for the offices. Moreover, thanks to Ricardo’s nationwide reach, higher average prices are achieved for the various items. Ultimately, this benefits, for example, the creditors in a bankruptcy estate.

Unique Label for Official Sellers
While standard offers on Ricardo are based on the Swiss Code of Obligations, special regulations apply to auctions by authorities and offices. These are based on the Federal Act on Debt Collection and Bankruptcy. Auction bids are binding like regular Ricardo auctions, but liability and warranty as well as payment terms may differ from Ricardo’s rules. Offers from official sources are marked on Ricardo with a special “GOV” label (Government). The product descriptions include all specific rules that deviate from standard offers and are part of the agreement between the seller and the buyer.

More information and all GOV sellers at a glance

Media contact

Mojca Fuks
Senior Corporate Communications Manager & Media Spokesperson

[email protected]

+41 76 220 59 89

About Ricardo

Ricardo was founded in Baar, Switzerland, at the end of 1999. Over the past 24 years, it has become one of the strongest brands on the Swiss online market. With 5 million registered members, Ricardo is one of the most popular online marketplaces on the Swiss e-commerce market. Ricardo is part of SMG Swiss Marketplace Group AG.

www.ricardo.ch

About SMG Swiss Marketplace Group AG

SMG Swiss Marketplace Group AG is a pioneering network of online marketplaces and an innovative digital company that makes life easier for people through forward-looking products. SMG Swiss Marketplace Group AG provides its customers with the best tools for making life decisions. The portfolio covers real estate (ImmoScout24, Homegate, Flatfox, Immostreet.ch, alle-immobilien.ch, home.ch, Publimmo, Acheter-Louer.ch, CASASOFT, IAZI), the automotive sector (AutoScout24, MotoScout24), general marketplaces (anibis.ch, tutti.ch, Ricardo), and finance and insurance (FinanceScout24, moneyland.ch). The company was founded in November 2021 by TX Group AG, Ringier AG, Mobiliar and General Atlantic.

www.swissmarketplace.group

Marta Andreoni

Head of Design for Automotive

Introduce yourself and your role at SMG

I’m Marta Andreoni, Head of Design at SMG Automotive. I lead the design and UX writing team shaping AutoScout24 user experience. 

In my role, I wear many hats. My main focus is ensuring we stay true to our vision “simplifying people’s lives and connecting humans through innovative digital platforms” and our brand promise, “make it happen”. I challenge my team to think user-first, push for innovation, ease of use for our customers and make forward-thinking decisions, even within business and technological constraints.

 A big part of my role is supporting each designer’s growth, motivation, and career development. Through one-on-one coaching, mentoring, group work, and projects, I help my colleagues set and achieve their goals while fostering new learning opportunities.

What helps you feel empowered and confident in your role?

If I had to mention one thing I would say “being proactive” has been key to feeling more empowered. I enjoy solving problems, so when issues or opportunities arise, be it in the product, market or the team, I get curious and I proactively investigate the reasons and try to bring inputs to be discussed with others, this makes me feel I can be part of the process or solution and my point of view is going to be taken seriously. My optimism also plays a role, giving me confidence that even the most complex challenges can be solved. 

Besides, having trust from other managers and colleagues makes me feel in a safe environment where I can take ownership on topics I’m passionate about. 

What’s one thing SMG does well in fostering an inclusive workplace? What more can be done to amplify and support different perspectives in the workplace?

In my experience, we strive for balancing top-down and bottom-up inputs, ensuring employees can influence product directions, processes, and culture. People are approachable, and our strong feedback culture helps voices be heard. Across SMG, initiatives like regular People & Culture Surveys, topic guilds, and events in our locations across the world foster open exchange and mutual learning.

That said, I’ve noticed that quieter voices sometimes get less space, or interacting with top management can feel intimidating, especially when giving critical feedback. To make participation more inclusive, we could apply more facilitation and group work techniques like structured turn-taking, written input, and smaller group discussions – ensuring everyone, regardless of confidence level, seniority or personality, feels comfortable contributing. 

Design is often about seeing the world differently. How do unique perspectives contribute to more innovative, inclusive, or impactful design?

Design is about understanding diverse user personas and perspectives to create solutions that truly meet their needs or create new opportunities. I believe in the power of collaboration to shape user experiences – bringing together different disciplines, backgrounds, and lived experiences helps challenge assumptions, uncover blind spots, and drive more inclusive, innovative, and impactful solutions.

Looking back on your career, what’s one lesson or piece of advice you wish you had known earlier as a leader in design?

There are three things no one really prepares you for as a design leader: dealing with constant change, facing failure and handling emotions at work. These topics aren’t talked about much until you face them. I was lucky to learn from others’ experiences, but much of it came through my own.

One thing I wish I had understood earlier is the power of emotional intelligence, my job is no longer about the content and the design, it is about people. Self-awareness, not just of your own emotions, but also how others feel and react, can be the difference between conflict and harmony, frustration and clarity. The more I grow as a leader and designer, the more I realise that design isn’t just about doing the design job, delivering solutions on the market: it’s about navigating people, their emotions, and making change more acceptable and transforming issues into opportunities, both within the organisation and through great products.

 

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