Auction PR Publicity Announcements News and Information
Auction PR Publicity Announcements News and Information

Omaha-Based Proxibid Experiences Record Growth in March

OMAHA, Neb – Proxibid, the premier provider of live auction webcasting services, today announced record-breaking results for the month of March. The Omaha-based Company reached a significant milestone as it hosted 482 auctions in a single month. An impressive $227 million worth of goods were offered on Proxibid, with a record amount sold to online bidders. An additional goal was reached on Saturday, March 29, when Proxibid hosted 51 auctions – the most auctions ever hosted in a single day.

Since webcasting its first live online auction in September 2002, Proxibid has grown exponentially, doubling its customer base year over year. The Company has gone from working with only five auctioneers and hosting seven auctions per month, to working with more than 1,100 auctioneers from the United States, Canada, and Mexico, broadcasting an average of 450 live and timed auctions each month. Proxibid’s success in attracting new auctioneers and sellers is attributed to the marriage of superior technology and the industry’s best customer service and support.

“We at J.J. Kane Auctioneers recognize the Internet as a critical piece of the auction industry. J.J. Kane has chosen to partner with Proxibid as our preferred provider of live auction webcasts,” said Steve Anderson of J.J. Kane Auctioneers. “Proxibid offers the best service and support in the industry along with a professional staff that is dedicated to making every online event successful. Their commitment to using the most up-to-date technologies has helped us reach a broader audience, in-turn helping our auction business to grow.”

Proxibid also experienced a record number of registered bidders during the month of March. This continued growth can be accredited to the increase in auctions per month, the breadth of items available for online bidding, and the Company’s reputation for providing the best bidder customer support in the industry. Another reason bidders are attracted to Proxibid is the Company’s extended bidding technology. Launched in September, 2007, this feature extends the remaining time to bid on a single lot when a bid is received within the final five minutes of a timed auction.

“Even with the down-turn in the economy, our business is thriving,” said Bruce Hoberman, CEO of Proxibid. “There has never been a better time to buy or sell at auction, especially with the conveniences provided by live Internet bidding.”

About Proxibid

Proxibid is the premier provider of live Internet auction webcasting services. With Proxibid, bidders have access to real auctions, with real auctioneers, from the comfort of their home or office. Bidders can view auction catalogs, post pre-bids and participate in real-time Internet bidding via Proxibid’s powerful auction portal. As a leading pioneer of live Internet bidding technology, Proxibid continues to lead the marketplace by offering an unparalleled level of customer service and support.

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