Posted By:Infra Bazaar
In the coming years with the whole world going digital and depending on digital technologies it is imperative that Online Sale of Construction Equipment is bound to grow. Devising digital strategies for Online Marketing, Increasing Equipment Rental and improving Technical know-how on Equipment Maintenance is going to play crucial roles in the years to come.
With rapid internet penetration and mobile apps coming handy, buyers are increasingly turning to Internet-based marketplaces to purchase used the equipment. As per reports the auction giant Ritchie Bros alone in 2016 sold approximately $2.1 billion worth of equipment, trucks and other assets in the online medium to different buyers. Richie Bros conducts periodical auctions through Richie Brother Auctions and through EquipmentOne, it is the company’s arm, an online equipment marketplace.
When compared year on year growth for the online sale of construction equipment it stands at a mammoth 10% per year. For companies like Richie Bros, it was around 49% of sales coming out from Online Buyers in the year 2016. There are several other players into the foray like ironplanet.com, constructionequipment.com and machinerytrader.com etc, those who are active in the online business.
We at Infrabazaar have seen a tremendous increment in traffic and conversion both through the Online medium. Not only from India but also we have received inquiries worldwide. For both sourcing and the disposing Online medium is going to rule the construction equipment business in the years to come.
Do have a look at our wide range of equipment which is available for sale.
1. Earth Moving Equipment
2. Construction Vehicle
3. Material Handling Equipment
4. Construction Equipment
5. Mining equipments
Infra Bazaar is a market enabler and ecosystem for infrastructure industry. With a passionate team and innovation lab, we seek to add huge value to the Infrastructure industry through an online portal, data research and mobile apps.for more info visit our website http://www.infrabazaar.com or Flow our Facebook page business.facebook.com.
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