OCALA, Fla., Jan. 30, 2020 /PRNewswire/ -- HiBid.com facilitated the sale of over $12 million (gross auction proceeds) in equipment and other auction goods in last week's online-only and webcast auctions. In total, HiBid hosted 526 auctions from January 20th through the 26th. Throughout the week, an average of approximately 419,000 bidders per day took part, placing bids on nearly 170,000 lots. For the entire week, HiBid saw an average of approximately 663,000 bids per day.
January 20th-26th HiBid.com Highlights Gross auction proceeds: $12,087,340 (USD) Gross merchandise volume: $18,586,751 (USD) Lots sold: 169,951 Online-only auctions: 485 Webcast auctions: 41 Average bidders per day: 419,000 Average bids per day: 663,000
Upcoming Featured Auctions What follows is a sampling of upcoming Featured Auctions on HiBid.com, where individuals will have the opportunity to bid on a wide range of items, including lab equipment, office furniture, home furniture, artwork, and collectibles.
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.