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A POWERFUL TOOL FOR EQUIPMENT REMARKETEING. Your Name Here | [email protected] | 000.000.0000. WHO WE ARE. Purple Wave began as a traditional consignment auction company in Manhattan, Kansas. Aaron and Suzy McKee founded and built the business - PowerPoint PPT Presentation
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A POWERFUL TOOLFOR EQUIPMENT REMARKETEING
Your Name Here | [email protected] | 000.000.0000
WHO WE AREPurple Wave began as a traditional consignment auction company in Manhattan, Kansas. Aaron and Suzy McKee founded and built the business with hard work, integrity, and creativity; values learned growing up on rural Kansas farms. These core values have served Aaron well since his first public auction in September 2000. For nearly ten years, Purple Wave has grown in its annual sales and its reputation by:
* Focusing on providing a trustworthy, traditional, full-service, turn-key auction solution* Building an Internet community of buyers* Investing in proprietary technology and business processes
Purple Wave is the largest Internet only, absolute auction firm in the Midwest. The Purple Wave team consists of over 40 professionals who annually assist over 1,000 sellers remarket tens of millions of dollars of construction equipment, agricultural equipment and vehicles. All Purple Wave auctions are held online at www.purplewave.com, and each month over 100,000 potential buyers search the site for assets.
PURPLE WAVE AUCTIONEQUIPMENT BIDDERS
PERFORMANCE COUNTS
Winning bidders paid a 10% buyer’s fee on all assets
MAY 2010 YEAR TO DATE
12
123,807
317,761
6,652,812
188
66
542,923
1,467,427
27,719,270
1050
Number of Auctions
Potential Bidders
Viewers
Pages Read
Number of Sellers
(Unique visitors) - Google Analytics
(Visits) - Google Analytics
(Pages Opened) - Google Analytics
AG EQUIPMENT AUCTIONS
Stats & Bidder Demographicsw 5 auctions w 593 assets sold w Average 8 bidders/assetw 1,366 bidders from 24 states Canada & Mexico
Large Seller Case Study
• Auctions• 171 Assets Sold• 1,180 Bidders From 25 States, Canada & Mexico• $1,426,117
SIMPLE EQUATIONSMore Visibility = More Potential Bidders
More Potential Bidders = More CompetitionMore Competition = Better Recoveries
Comparable overall visibility ANDHundreds of times more concentrated visibility per asset
Than Ritchie Bros. or Iron Planet
Current Web Stats
Ag EquipmentAuction Results – June. 30, 2010
Marketing Campaigns Typically Include:
National & Local PublicationsRadio
Direct Mail
Web Advertising
Auction Calendar syndication
Custom Marketing For Your Equipment
Purple Wavedelivers
• Full coordination directly with: Corporate Regional Division Retail Store• Turn key picturing, lotting and describing of sale assets• Base of 50,000 existing buyers• Bidder qualification• Remarketing ad campaign planning, creation, placement and funding• Reporting and settlement• Collection and clearing of buyer payments• Notification to release assets after payments have cleared• Full coordination and tracking of title transfer• Issue and case resolution• All current and historic settlements in real time online (structured)• Purchase and transactions back office and front office responsibilities