NextLot’s Auction Software Yields Impressive Results at a Recent Industrial Auction

June 25, 2012 - PRLog -- NextLot, Inc. has shown auctioneers in numerous industries across the world that its innovative, easy-to-use platform can increase auction sales.  At a recent industrial auction in Iowa, NextLot lived up to its reputation as one industrial auctioneer saw record-breaking sales from online bidding.  

This Iowa based industrial auction firm sold over 44% of the total auction inventory to online bidders, amounting to an impressive 67% of total auction sales. NextLot’s ability to privately brand its software and embed it directly within an auctioneer’s own website makes online bidding seamless and 100% user friendly for bidders.  

NextLot’s online auction software adds a unique value to industrial auctioneers. The state-of-the-art software provides auction firms with a major competitive advantage.  NextLot’s industry leading platform remains greatly beneficial to auctioneers as online bidding becomes more and more popular in today’s auction market.

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 auction clients get the best of both worlds because they utilize NextLot’s white-labeled online auction solution to build their brand while leveraging its enhanced marketing efforts to see more bids and higher prices.  For more information on NextLot, Inc and services offered please visit www.nextlot.com.