RALEIGH, NC, February 04, 2012
/24-7PressRelease/ -- Raleigh based software company NextLot, Inc. continues to deliver exceptional results to clients with its online auction software. During the last week of January, an industrial auctioneer conducted three different equipment auctions held in Illinois where NextLot demonstrated its software's superiority by delivering remarkable online bidding results.
The three auctions had dozens of bidders online, who in turn had a very large bidding presence. One auction in particular sold 90% of the sale to online bidders. These auctions had lots that consisted of only online bids, which brought in over $15,000 more per lot than what was originally anticipated. Furthermore, online bidders at these auctions were responsible for pushing up the final sale prices by nearly $300,000, earning sellers more money and the auctioneer greater commissions.
Auctioneers who use NextLot's software frequently see happier bidders as well as more successful auctions resulting in higher profits. This Midwest industrial auctioneer certainly found this to be the case. The ease of use and functionality of NextLot's software continues to attract more and more bidders to participate their clients' online auctions, resulting in more bids and higher prices.
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. NextLot's ability to offer "Best of Breed" products and work hand in hand with auctioneers has enabled NextLot to become a leading online software provider. For more information on NextLot, Inc and services offered please visit http://www.nextlot.com.
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