Company achieves important growth milestone and announces accelerated traction with wholesale buyers
The company posted one million in sales for the month of August, primarily with its Auction Simplified Wholesale Marketplace.
Founded in Buffalo, NY in 2014, Dealer Simplified leverages mobile technology to enable automotive dealers to hold real-time auctions on vehicles as part of their wholesale strategy. Dealers can wholesale cars for free on the software, effectively providing wholesale managers the ability to digitally market their wholesale cars. The company has grown rapidly in NY and has been expanding strategically in the NJ, PA with one satellite dealer in AZ. Using Auction Simplified makes the remarketing process more productive and profitable for dealers who can sell vehicles using their online marketplace of almost 1,000 wholesale buyers.
"We created Auction Simplified as an online solution with franchise and independent ‘mom & pop’ dealers in mind.” Said Kevin Leigh – cofounder and company spokesperson. “Our mission is to help dealers increase their profitability by speeding up their wholesale marketing and significantly reducing remarketing costs. We are proud of the success that Auction Simplified has achieved, our dealers maintained an average of 73% sell rate at their online bid sale auctions in August. As we expand, across OH, WV, MA, CT and MI, we are excited to share our innovative technology with our dealer partners."
“Auction Simplified’s team have created a wholesale buyer ecosystem that has made it fun again to wholesale cars.” said Ryan Brown, wholesale liquidation manager at Hoselton Auto Mall in Rochester, NY. “Using Auction Simplified can greatly improve your wholesale profitability while reducing auction fees to zero. Most ‘AS-IS’ auctions don’t let you drive before buying. We are getting higher bids due to the fact that our buyer can actually drive the cars if they would like, and because of our condition reports, photos, descriptions and sometimes video, our buyers can also safely bid without ever visiting our wholesale event. We call it ‘Wholesaling with transparency.’
We use the bid sale auction on Auction Simplified because the buyer is not rushed to make a decision which helps them bid on more cars with greater confidence."
Auction Simplified allows dealers to post using various auction styles including, silent bid, open bid, make an offer and buy it now.
It is expanding its footprint in the dealer-to-dealer market across the North East, currently doing business with almost 1,000 independent and franchise buyers.
Auction Simplified is based on strong accountability, while its online auctioning system gives franchise dealers and independent used car lots the power to launch online wholesale auctions from iPhone, iPad, Tablet, Android, MAC and PS.
Its rating system allows you to identify bad buyers, and eliminate them from your future auctions.
Through SMS and email alerts, buyers are invited to view condition reports, photos, shop repair bills and watch videos of the wholesale cars, which allows distance purchasers the ability to buy with confidence.
More on Auction Simplified go to their website at AuctionSimplified.com
Dealer Simplified, LLC
Page Updated Last on: Sep 04, 2015