Is Your Auto Auction Software Ready to Meet the Market Challenges In the Next 6 Months?

Recently, we have asked dealers what are their motivating factors to come to an auction? What drives them to choose one auction over another?

Once the feedback was collected, we analyzed and sorted it out. Below, you can see the results listed in descending order:

1. Technology
2. Convenience
3. Location
4. Low fees
5. Selection
6. Free Shipping

The vast majority of dealers named car auction software a number one factor that influenced their choice. In 2020, when dealers are gravitating towards auctions with advanced technology, even major players are not immune to the risk of being left behind if they can't offer the convenience, ease of use, and confidence in buying that dealers demand.

Auction management software is disrupting the auto remarketing industry in many ways. For example, more than 40% of dealers are already using their smartphones to remotely participate in the sale events from the comforts of their dealerships or homes and avoid standing in lanes for hours losing valuable time.

Among the dealers we surveyed, 77% want to be able to automate the routine tasks such as looking for vehicles, setting proxies, evaluating the vehicle condition, etc. A sizable 68% of those dealers are looking for an auction that can provide comprehensive online buying and selling that will allow them to join live sale events from everywhere, represent their vehicles remotely, and communicate with other buyers and sellers in a secure digital environment.

In the light of these findings, it’s safe to say that embracing cutting-edge auto auction management software can play a pivotal role in your business development and the profit of your auction. Leveraging innovations to meet dealers’ growing appetite for streamlined auction experience will help you to stay in the game for years ahead, producing huge return on your investment.

At Auction Streaming, we have already empowered our customers with game-changing tools to help them to compete with auctions in their regions and stay ahead of the development curve. You can become the next auction to capitalize on innovations attracting dealers from all over the country and even overseas, not just your state. Here is just a fraction of what our car auction software will enable your dealers to do:

Join Live Sale Events from anywhere SimCasts™ Mobile Dashboard

Bid In-lane Online Through Simulcast SimCasts™ Simulcast

Simplify Vehicle Inspection VIR™ Condition Report with Grading

Buy/Sell on the Phone 24/7/365 Digital Marketplace

Manage If-Sales Over the Phone Automation of If-Sale

See Auction Reports Online Anytime Mobile Reporting Tool

The auto industry experts are predicting the use of auction technologies to grow by 33% from 2020 to 2023, forcing auction owners to increasingly search for auto auction software providers that will help them to meet rising dealers’ demand for greater convenience, speed, and a rich, user-friendly digital experience.

Not being able to compete with technology-powered auctions puts your business at a disadvantage, not to mention the reputation that using an archaic technology such as green-screens or end-of-life software gives you.

Contact us today for a no-strings-attached demo and we’ll show you how our products work and how we can have your system moved and upgraded in less than two weeks.