by Kyle Molyneux | Tue 17 Mar 2020
Ritchie Bros online auctions
Upcoming Ritchie Bros auctions in France, UK and Germany will be held entirely as Timed Auctions, the company has revealed. Each event will employ an easy-to-use online bidding system with set opening and closing times for each item. When bidding closes on an item, it is sold to the highest bidder. Closing times may vary per item and are available on rbauction.com. Timed Auctions announced so far are the St Aubin sur Gaillon (France) event on March 13-18th, the Maltby (UK) auction on March 20-25th, and the Meppen (Germany) event on March 19-27th. The auction in Caorso (Italy) is postponed to April 28th.
Today, upwards of 78% of winning bids in Ritchie Bros live auctions are made online. Additionally, due to new efforts to drive online demand, Ritchie Bros has seen visits to rbauction.com and web account creations increase by 15% and 19% respectively. Ritchie Bros mobile application users have also risen drastically, up 90% year over year.
Ritchie Bros. will conduct live and virtual onsite auctions at its sites in Columbus, OH; Sacramento, CA; Chicago, IL; Los Angeles, CA and St. Aubin sur Gaillon, FRA this week. A limited number of bidders will be allowed to participate onsite (based on local legislation), but bidders are encouraged to participate online. For a complete list of upcoming Ritchie Bros. auctions, visit rbauction.com/auctions.
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