NextLot’s online auction software has been helping auctioneers run successful auctions since 2007. Last week was no exception for an Indiana based auctioneer who saw an increase of 75% in bidder activity. The antique and vintage farm equipment auction brought interested buyers from 33 states and 4 countries that led the auction firm to have one of its best auctions in 34 years. Over 600 active online bidders contributed to over $500,000 in product sold through NextLot’s extremely easy-to-use platform. An online bidder from North Dakota bought the highest priced item in the auction, a John Deere 4520 DSL antique tractor for $32,000.
NextLot provides auctioneers a simple solution to connect with interested buyers around the world. Bidders want the convenience of bidding from their home or office while still participating in the excitement and energy that auctioneers provide. Auctions like these prove how NextLot’s intuitive software allows auctioneers to broaden its buyer based to achieve outstanding results.
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.