Auction Sells Big Ticket Items To Online Bidders

April 5, 2011 - PRLog -- Online bidding is quickly becoming a popular alternative to attending auctions on-site. NextLot’s online auction software is making it easy to bid at live auctions without having to leave the comforts of your own home.  

The software company has made an impact on the auction industry through its easy-to- use online auction software, which enables remote bidders to attend auctions through a real-time audio and video webcast. To operate NextLot’s webcast system, all a user needs is an Internet connection and the enthusiasm to bid. In recent auctions, online participants have been the leading bidders for multiple big-ticket items. One recent auction in particular recorded over 50 online bidders and sold three pieces of farm equipment online for over $150,000.00 each.  In a later auction, held by the same auction firm, an online bidder purchased an item for $172,000.00.

NextLot’s auction software runs on auctioneers’ websites that bidders know and trust.  Many bidders are catching on to the new innovative way of bidding and auction firms could not be happier. Online bidders have proved that they are not afraid of bidding online on high dollar items and pushing prices higher at every auction.

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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.