bidadoo reported a record quarter with 81% growth in sales during its second quarter (Q2) year-over-year. This incredible growth rate clearly highlights the shift from traditional auction models for trucks and equipment to bidadoo's more efficient and trusted online auctions and remarketing. bidadoo's growth is accelerating with a proven platform and customer success for 20 years.
SEATTLE, July 18, 2023 /PRNewswire-PRWeb/ -- bidadoo reported a record quarter with 81% growth in sales during its second quarter (Q2) year-over-year. This incredible growth rate clearly highlights the shift from traditional auction models for trucks and equipment to bidadoo's more efficient and trusted online auctions and remarketing. bidadoo's growth is accelerating with a proven platform and customer success for 20 years.
bidadoo enables equipment owners to sell their equipment to a global audience through the power and reach of eBay. Nearly 80% of machines and trucks sold by bidadoo are purchased without a physical inspection by out-of-state buyers. This highlights the trust, transparency, and efficiency of bidadoo's online model and the trust of the bidadoo marketplace which is "Powered by eBay." bidadoo recently partnered with eBay to launch Verified Condition listings and additional buyer assurances provided by the eBay Buyer Protection Program (BEPP), in addition to the well received bidadoo 100% Guarantee program.
bidadoo's Record-Breaking Quarter (Q2) 2023 vs. 2022 Featured:
- 81% Growth in Sales
- Nearly 80% of machines and trucks sold to out-of-state/province buyers without an in-person inspection
- 59% Increase in Seller Locations
- Global Participation From 124 Countries
- 66% Mobile Participation
- Over 20x's Views per Item vs. Traditional Auctions
- bidadoo Featured to eBay's 135+ Million Active Global Registered Users
- Grows the Verified Condition offerings with eBay's new verification program
"Our continued growth is a testament to our strong and experienced team," says Howard Hawk, bidadoo President. "bidadoo is celebrating our 20th anniversary this year, with many long-term market professionals and a growing team of new industry experts. We have hosted an online auction nearly every week for the past 20 years, and offer our customers the largest auction platform and most trusted equipment marketplace in the industry. We are proud to have recently partnered with eBay to launch eBay's Verified Condition program. This program builds on the bidadoo 100% Guarantee that we have offered for nearly 20 years to continue to enhance the trust, transparency, and confidence in everything we do."
"Alliance Funding Group has been extremely impressed with the service that has been provided by the team at bidadoo," says Shaun Buswell, Vice President, Portfolio Management, for Alliance Funding Group. "Their responsiveness, professional remarketing, and quick turn-around on the end-to-end process has made them a preferred solution for our used equipment sales. In addition the results we have seen from them have been consistent and their communication has been excellent. It has been a pleasure working with the bidadoo team and we view them as a true partner."
Below are some recent sales results by bidadoo, reflecting the trust, scalability, and reach of the bidadoo and eBay marketplace.
- 2015 Caterpillar 988K Articulated Wheel Loader - $249,000
- 2019 Caterpillar 140M3 Motor Grader Tractor - $280,000
- 2019 Caterpillar AP655F Asphalt Road Paver Paving Machine - $217,700
- 2006 Link Belt HTC8690 90 Ton Hydraulic Truck Crane - $176,888
- 2015 Grove RT765E-2 65 Ton Rough Terrain Crane - $175,100
- 2013 Caterpillar 740B 40T 6x6 Articulated Dump Truck - $175,00
- 2018 Volvo EC350EL Hydraulic Excavator - $120,400
- 2021 Komatsu D61PX-24 Crawler Dozer - $110,200
- 2012 Peterbilt 386 Tri-Axle Semi Truck Tractor - $105,877
- 2014 Caterpillar D6N LGP Crawler Dozer - $100,300
- 2013 Freightliner 114SD Hiab Knuckle Boom Truck - $100,100
- 2014 Haulotte HTL9055 54'1" 9,000 lbs Telescopic Reach Forklift - $56,300
If you are interested in selling with bidadoo this summer and taking advantage of the incredible pricing and demand, contact a bidadoo auction consultant today for an equipment and truck auction appraisal and valuation. If you're interested in viewing the full catalog of items available in this week's auction, or every Tuesday, please go to http://www.bidadoo.com/auctions.
bidadoo is the largest and most trusted online auction service on the world's largest auction marketplace, eBay. With eBay's 135+ million active buyers around the globe, bidadoo provides equipment sellers access to the world's largest online auction marketplace, with its long-term partnership with eBay. bidadoo provides professional remarketing for used construction equipment, rental and municipal fleets, trucks, and other capital assets to many of the world's largest equipment and fleet companies. Check out our weekly online auctions at http://www.bidadoo.com.
Doug Thayer, bidadoo, 206-442-9000, [email protected]