LINCOLN, Neb., July 21, 2020 /PRNewswire/ -- HiBid.com auctions generated more than $28.2 million (gross auction proceeds) in equipment and other goods in last week's online-only and webcast auctions, having already surpassed $1 billion in overall gross merchandise volume during the first half of 2020.
From July 13th through the 19th, bidders placed an average of approximately 1.22 million bids per day across 919 auctions. Throughout the week, roughly 742,000 bidders per day took part in HiBid auctions, placing bids on nearly 330,000 lots.
July 13th-19th HiBid.com Highlights
Gross auction proceeds: $28,225,011 (USD)
Gross merchandise volume: $41,525,660 (USD)
Lots sold: 329,918
Online-only auctions: 846
Webcast auctions: 73
Average bidders per day: 742,000
Average bids per day: 1.22 million
Current and Upcoming Auctions
What follows is a sampling of Featured and Hot Auctions currently listed on HiBid.com, where individuals have the opportunity to bid on a wide range of items, including trucks, farm equipment, rare coins, fine jewelry, artwork, construction equipment, and much more.
About HiBid & Auction Flex
Auction Flex is the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, multi-parcel, and more. Auction Flex also provides a seamless solution that enables auction houses to upload auction catalogs online and accept internet absentee bids, conduct internet-only auctions, or offer webcast live internet bidding through its integrated web service and internet bidding solution—HiBid (both a private-label solution and a portal). Auction Flex and HiBid, products of Sandhills Global, were built from the ground up to function together seamlessly.
Contact Auction Flex