• NextLot Inc.

Outstanding Results Reported Using NextLot's Software

"We have recently teamed up with NextLot to provide internet bidding services for our live auctions. We are extremely impressed with NextLot. The entire process has been super smooth. We have worked with other companies but nothing compared to the success we have had with NextLot in this short time we have been with them. We are impressed with everything. The amount of registered bidders, along with the successful buyers is absolutely stunning. Thank you NextLot for providing such an amazing service in this competitive industry.”

- Bruce Schapansky

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 outstanding results are not the exception but the rule.

The auction firm, which specializes in farm equipment auction sales, ran its first sale with NextLot in early April and the results were record breaking for a company’s first auction with NextLot. The firm, located in Saskatchewan, found that with NextLot, it saw a significant increase in the number of bidder registrants compared to their previous online bidding provider. Online bidders, new to using the platform, placed bids on over 50% of the items auctioned and purchased close to $600,000 in farm equipment. 139 unique online bidders purchased items with NextLot at the auction last week as compared to 50 unique online bidders who purchased with the firm’s previous online auction provider at the same auction last year. NextLot’s easy-to-use webcast platform prompted online bidders to play a key role in the sale, which featured combines and tractors, and created healthy competition for on-site participants. Following the success of the auction, the President of the auction firm said:

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.

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy to use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers’ most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. For more information on NextLot, Inc and services offered please visit www.nextlot.com