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Technology 2012-05-12 1 min read

NextLot's Privately Branded Online Auction Software Creates Instant Success for New Clients

Heavy equipment auction companies have found immediate success after switching the NextLot's easy to use online auction software.

RALEIGH, NC, May 12, 2012

NextLot Inc's privately branded online auction solution offers auctioneers throughout the world an opportunity to receive more bids which results in increased sales. Three heavy equipment auction companies in Iowa, North Dakota, and Canada respectively experienced increased online bidding results in just their first auction after switching to NextLot's easy to use system.

"I was amazed with just how easy the transition to NextLot was for us. We could not be more pleased with the high level of customer service NextLot provides along with just how easy the system is to learn and use," - commented a representative from MAC Auctions.

In their first live webcast auction with NextLot, the heavy equipment auctioneers combined to sell 13% of their total sales to online bidders. Also, one of these auction companies ran their first timed auction with NextLot and experienced outstanding results as they reached $500,000 in total sales. NextLot's unique software platform enables bidders to bid directly on an auction company's own website which helps the auctioneer to build its brand.

NextLot's privately branded solution has shown anywhere from a 10% to a 25% increase in sales via online bidding. Many auctioneers have discovered the added value that NextLot's intuitive software provides. With a focus on providing bidders with an easy-to-use and stress free online bidding solution these clients have seen immediate results since switching to NextLot!

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 threemain 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.

NextLot is a web-based software company who enables auctioneers to run timed E-Bay style auctions as well as live webcast auctions off of their own websites. For further information, please contact us at (919)361.1111 or info@nextlot.com.