August 2020 - Monthly Update

See below for some interesting updates, statistics, rankings, and auction information from August 2020! 

General Monthly Info:  

Total Auctions Closed:  380

Largest Auction by Sales:  $64,796 -  NorthStar Brainerd Lakes https://www.k-bid.com/auction/34071

 Largest Auction by Lots:  696 lots -  Asset Liquidation Auctions https://www.k-bid.com/auction/34009

Most Watched Items of the month:  

1. 160 Watchers - 2006 Ford Mustang - Loretto Equipment -  https://www.k-bid.com/auction/34228/item/1?offset=1
2.  150 Watchers - 1986 Crestliner - Advanced Sales - https://www.k-bid.com/auction/33766/item/5
3.  150 Watchers - 2003 Harley Davidson - Whiteford Auction - https://www.k-bid.com/auction/34078/item/1?offset=1
4. 147 Watchers - 2016 Ford F250 - Fanberg Auctions - https://www.k-bid.com/auction/34163/item/2016?offset=1
5. 143 Watchers - 2013 Mercedes-Benz C250 - We Sell Your Stuff - https://www.k-bid.com/auction/34121/item/4?offset=4

Website Statistics:

	Bidders Participating
	2019	2020	Change
Jan	8,206	9,744	19%
Feb	7,590	8,827	16%
Mar	7,766	9,124	17%
Apr	9,514	8,843	-7%
May	9,553	10,908	14%
Jun	9,133	12,470	37%
Jul	8,250	11,469	39%
Aug	9,741	12,689	30%
Sep
Oct
Nov
Dec

*unique bidder accounts placing a bid in a given month.  

		Bidder Signups
	2019	2020	Change
Jan	1,962	3,037	55%
Feb	1,735	2,194	26%
Mar	1,885	1,973	5%
Apr	2,732	2,066	-24%
May	2,098	2,583	23%
Jun	1,416	3,747	165%
Jul	1,296	2,996	131%
Aug	1,771	3,683	108%
Sep
Oct
Nov
Dec

*all bidder signups, qualified (phone number verified, credit card) and non-qualified.   

		Website Sessions
	2019	2020	Change
Jan	616,671	808,972	31%
Feb	551,360	713,223	29%
Mar	616,870	743,709	21%
Apr	727,115	788,465	8%
May	705,204	926,236	31%
Jun	658,898	1,027,355	56%
Jul	619,248	1,002,135	62%
Aug	704,499	1,071,442	52%
Sep
Oct
Nov
Dec

*A session is defined as a group of interactions one user takes within a given time frame on your website. Google Analytics defaults that time frame to 30 minutes.

Top 10 Affiliates by Sales for the Month:

Congratulations to these Affiliates on their stellar month of auction sales!  

1.  MNAutoAuctions.com 

2.  We Sell Your Stuff 

3.  KX Real Deals 

4.  Asset Liquidation Auctions 

5.  Northwoods Auctions 

6.  MN Home Outlet 

7.  Estate Sales Minnesota 

8.  Loretto Equipment 

9.  Kim Teaver & Company, LLC 

10.  NAB Auctions 

Affiliate Anniversaries: 

We'd like to thank and recognize affiliates that are celebrating anniversaries in August!  

Northstar Brainerd Lakes - Bob Rocca - Start date: 8/1/2011

Northstar Kimball - Jeff Swanson - Start date: 8/1/2011 

Jireh Trading Company - Janice Johnson - 8/24/2015 

Pickett Enterprises - Sam & Lauri Pickett - 8/4/2016  

Red River Valley Auctions - Gabby Harr - 8/16/2017 

Practical Product Sales - Colin and Emily McGlone - 8/1/2018 

Red Tag Industries - Jack Huynh - 8/1/2018 

Ultimate Auction Services - Tim Johnson - 8/1/2018 

Budget Auto - Nathan Walberg - 8/12/2019 

Announcements/New Affiliates:

Let's welcome some new members of our affiliate network (have posted an auction to date in 2020)!   

Benoit Auction Services - Tim Benoit in Dassel, MN  

Gopher Auctions -  Julius Niskey & Ryan Rich Moe - Minneapolis, MN  

D & L Auctions - Dirk Apel - Eden Valley, MN  

Second Story's LLC - Kevin Subart - Hamburg, MN 

D & J Auctions - Joe Niles - Isanti, MN 

Estate Sales Minnesota  - Dana Arvidson - Plymouth, MN 

Borslien LTD - James Borslien - Rochester, MN 

For All the Right Reasons - Justin Gilsrud - Bloomington, MN 

What's K-BID up to?

We are excited to see many affiliates having strong years despite the struggles that 2020 has brought.  Our website traffic numbers and bidder registrations are at record high and auctions are performing well!  This Fall is looking to be extremely busy for many affiliates.     

Our annual Bid Summer Goodbye campaign is coming up in Oct. and we will be sending out more information shortly.   This campaign will promote the sale of Fall/Winter items such as ATV's, Snowmobiles, Snowplows, Fish Houses, and more.   Due to COVID-19, the Spring Ride into Summer event was canceled but we will plan to continue that in 2021.  

Programmatically, Tom is currently working on a mobile cataloging system that would allow affiliates to create auctions from their devices!   

Recent software updates in August include the creation of a unique item ID:

Entering the Item ID in the search bar will take you to that exact item.  Making it easier to quickly share auction lots or promote specific lots.  

Tip of the month: 

Prior to printing out blank tax-exempt forms in your state, fill in your company information so the buyer just needs to fill out their information.  

Have an idea for a future tip of the month that may be helpful for other affiliates?  Let us know by emailing [e-mail].