Outstanding Results Reported Using NextLot's Software

NextLot's newest client is learning just how beneficial partnering with NextLot can be.

It is no secret that NextLot, Inc. offers "Best of Breed" online auction software to its clients and that the success auction firms experience after partnering with NextLot continues to break records. With its first webcast of an auction complete, NextLot's newest client is learning that it is no exception to the outstanding results.

The auction firm, which specializes in heavy equipment and machinery, ran its first sale with NextLot in early March and the results were record breaking for a company's first auction with NextLot. Online bidders, new to using the platform, placed bids on 76% of the items auctioned and purchased over 50% of the total sales' value. NextLot's easy to use webcast platform prompted online bidders to play a key role in the sale, which featured trucks and trailers, and created healthy competition for on-site participants. Following the success of the auction, the President of the auction firm said:

"In our first webcast with NextLot, we sold 52% to online bidders and received very positive feedback from our buyers. In fact, one of our customers contacted us to say he enjoyed the online bidding experience so much that he'd like to use NextLot for his next auction."

NextLot is standing by its promise to provide auction firms with more bids and higher prices through online bidding. The usability of NextLot's software is not only creating happy bidders, but has led to NextLot's clients offering more auctions online than ever before.

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Tags: auctioneer, bidding online, Online Auction Software, successful bidding, webcast platform


About NextLot Inc.

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Ashley Stallings
Press Contact, NextLot Inc.
NextLot Inc.
Raleigh, NC
Raleigh, NC 27617