Insider Header
FocusOn Landscapers | FocusOn Equipment Rentals | FocusOn Mining, Aggregates & Construction | FocusOn Land Improvement Contractors
Spacer
GENERAL WIRE
Trending Industry Stories
Spacer
ARA Forecast Continues To Call For Significant Increases In Revenue And Investment
John Deere Customers, Dealers and Suppliers Worry About Strike’s Impact
Ritchie Brothers Market Trends Report: Used Equipment & Trucks
Easy Rooter® Power Drain Cleaner Job Tested Tough
The Contractor’s Best Friend The Podcast Just For You
Polaris® Expands Line of Pro XD Work Utility Vehicles
Husqvarna Group - Q3 Report
Why You Might Need An Equipment Compliance Audit
Generate More Uptime With the New Allmand® Maxi-Power 15XR™ Towable Generator
NALP: What the New California Law Means for the Landscape Industry
Perkins expands online support for rental technicians
AEM Speaks On Right To Repair To State Committee
Even $70,000-Plus a Year Dealer Service Tech Gets No Takers
Spacer

Spacer
Name*

Spacer
Email*

Spacer
City*

Spacer
State/Province*

Spacer

Spacer
Ritchie Bros. Sells US$500 Million Of Equipment Through Marketplace-E In 12 Months

Original source: IQ Stock Market

20RB0921.png

VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ - Ritchie Bros. launched its Marketplace-E solution as a price-controlled option for consignors with Make Offer and Buy Now formats. In 2021 this new innovative solution is continuing to gain steam, with more than US$500 million of equipment sold through Marketplace-E over the past 12 months


We have built out an amazing team of multilingual Marketplace-E Specialists who leverage Ritchie Bros. analytics and real-time demand data to help you find the right buyer, said Kari Taylor, Chief Revenue Officer, Ritchie Bros. As a result of these changes, items are selling approximately 40% faster on Marketplace-E today!


Ritchie Bros. continues to increase the presence of Marketplace-E across all its websites, driving more buyers than ever to the site. This year Marketplace-E has helped more than 2,500 customers sell items, including premier North American rental company Sunbelt Rentals, which has a fleet of 600,000 assets across its 975 rental locations.


We are a long-time Ritchie Bros. customer and are pleased with our partnership and their ongoing investments made on behalf of Sunbelt Rentals.This allows us to focus on our core business of delivering world class customer service and solutions. The Ritchie Bros. team continues to focus on innovative ways to improve fleet disposal, asset management, and recovery against OEC, said James Dennis, Vice President Fleet Management at Sunbelt Rentals. We now have access to an expanded footprint and tools to help us better manage how, when, where, and what price to sell our assetsbecause we have the flexibility of choosing the proper Richie Bros channels, using a Ritchie Bros. location, or remarketing directly by Sunbelt we are improving the efficiency of our disposition process as well as recovery on equipment sold.



... GO TO $500 Million Of Equipment TO READ MORE

Google Email Twitter Linkedin Facebook

Spacer
The FocusOn Group

FocusOn Landscapers
FocusOn Equipment Rentals & Retailers
FocusOn Mining, Aggregates & Construction
FocusOn Land Improvement Contractors
About

The FocusOn Industry Insider, bringing you breaking news and information relevant to your industry.
Contact

We hope you enjoy this no charge service for FocusOn subscribers. Suggestions for making the Insider better? editor@thefocusongroup.com.

Would you like to advertise with us?
Advertising Inquiry
Email to a friend Subscribe Advertise