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Science 2011-04-28

Auction Firm Shows An Increase In Customers With Online Bidding

NextLot's clients are seeing vast improvements with online bidding.

RALEIGH, NC, April 28, 2011

NextLot, Inc. is working with its clients to increase their customer base through online bidding. The company provides state-of-the-art online auction software to auction firms around the world, and its clients are seeing vast improvements.

NextLot sets itself apart from other online auction service providers by offering clients a privately branded platform that is embedded in each auction firm's website so that bidders are able to bid directly through a website they know and trust. With its easy-to-use and reliable system, the company continues to prove that by partnering with NextLot, clients can expand their audience of online bidders. One of NextLot's newest clients experienced this after seeing more online bidders than ever before while running its first online auction with NextLot's platform. In this auction, the client had more registered bidders than with the clients' previous provider, sold over $1 million online, which accounted for over 20% of the sale's value, and had participants from all over North America bidding on over 50% of the items.

NextLot works hard to satisfy clients and give bidders an enjoyable online experience. Unlike many other providers, NextLot understands the importance of keeping a client's bidders from being shared with competitors and building personal relationships with all of its users. Through its dedication to superior service, NextLot continues to grow and build a strong reputation for providing better online results.

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 http://www.nextlot.com.