Pair of Live Auction Companies Announce Latest Deals
Wednesday, April 11, 2007
AuctionFloor and Proxibid hit milestones
A pair of companies staking their claims to the burgeoning live auction broadcasting sector announced their latest news over the past several days.
Indianapolis-based AuctionFloor announced this morning that 46% of the available lots in its March auction were sold online, a performance the company claims is "significantly above the industry average of 15%." Furthermore, ten percent of all online bids were placed using the Auction Floor platform, according to an official release.
It was a similarly good March for Proxibid. The Omaha, Nebraska-based auctioneer announced that it broadcast more than 350 "live" auctions last month. A company release touts this performance as yet another milestone in the steady growth it has seen since it started back in 2003.
"Live" auction broadcasting connects real people to live auctions via the Internet. Bidders can view auction catalogs, post pre-bids and participate in real-time Internet bidding. Some believe this may well be the next leap in evolution and popularity of auctions.
A pair of companies staking their claims to the burgeoning live auction broadcasting sector announced their latest news over the past several days.
Indianapolis-based AuctionFloor announced this morning that 46% of the available lots in its March auction were sold online, a performance the company claims is "significantly above the industry average of 15%." Furthermore, ten percent of all online bids were placed using the Auction Floor platform, according to an official release.
It was a similarly good March for Proxibid. The Omaha, Nebraska-based auctioneer announced that it broadcast more than 350 "live" auctions last month. A company release touts this performance as yet another milestone in the steady growth it has seen since it started back in 2003.
"Live" auction broadcasting connects real people to live auctions via the Internet. Bidders can view auction catalogs, post pre-bids and participate in real-time Internet bidding. Some believe this may well be the next leap in evolution and popularity of auctions.
posted by Chris and Frank at 9:42 PM
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