|
Auctionbytes-NewsFlash, Number 400 - September 25, 2002 - ISSN 1539-5065
Previous Story |
Stockyard Goes Virtual in Online Cattle Auction
By Ina Steiner
AuctionBytes.com
September 25, 2002
|
Live Global Communications hosted its first live "virtual stockyard" auction from Frontier Stockyard of Billings, Montana. On September 6, 2002, bidders from Colorado, North Dakota, Nebraska, Missouri and Iowa participated in Frontier’s live auction of cattle.
Frontier Stockyard used Live Global Bid’s software to auction over 8,500 head of cattle, increasing both sales volume and lots sold. The company said 51% of the boost bids originated from the Internet, and 22% of the winning bids came from virtual bidders.
Live Global Communications CEO Barry White said that in addition to higher prices, live online auctions offer the benefits of personal security, travel cost reductions and time savings.
Live Global Bid offers online live and interactive auction software in the automotive, cattle, thoroughbred horses, furs and collectibles sectors.
http://www.liveglobalbid.com
|
Email this story to a friend.
Previous Story |
Related Stories
eBay & Icollector to Offer Live Auction Capability to Auction Houses - January 21, 2001, Issue #1
eBay Expands Live Auctions Tool - April 24, 2001, Issue #69
Europe's QXL ricardo Launches Live Auction Capability for Sellers - July 17, 2001, Issue #125
Ableauctions.com Moves Forward on iCollector Acquisition - September 27, 2001, Issue #171
Spicology Set to Acquire LeftBid - October 18, 2001, Issue #185
From the Editor - November 24, 2001, Issue #56
Wheeler Brothers' General Store: Auctions in the Computer Age - November 24, 2001, Issue #56
BidBay to Offer Live Auctions - January 14, 2002, Issue #237
AbleAuctions Restructures iCollector Following Acquisition - January 23, 2002, Issue #244
Sotheby's and eBay Announce Strategic Alliance - February 01, 2002, Issue #250
Collectors Universe Signs with eBay Live Auctions - February 28, 2002, Issue #267
Online Auction Bits & Bytes - March 04, 2002, Issue #269
Equipment Auction Site Introduces Live-Auction Service - March 25, 2002, Issue #283
Live Internet Bidding Grosses $1 Million at Recent Ritchie Bros. Auction - April 01, 2002, Issue #288
Perry Como Estate to Be Auctioned Live on eBay - May 22, 2002, Issue #321
|
Discuss this story in our forums.
|