May 2021 - Monthly Recap

See below for some interesting updates, statistics, rankings, and auction information from May 2021.  

General Monthly Info:  

Total Auctions Closed:  489

Largest Auction by Sales:  $84,814- Loretto Equipment - Commercial Equipment -- Local Park District Equipment Liquidation https://www.k-bid.com/auction/37564

 Largest Auction by Lots:  600 Lots Surplus Liquidations  -Independence Farm Estate FINAL Liquidation!  https://www.k-bid.com/auction/38033

Most Watched Items of the month:  

1. 161 watchers 1995 Polaris 300 4 x 4 ATV - Northstar Brainerd Lakes:   View here
2. 160 Watchers 1976 Ford F-150 4x4 Truck no reserve - FM Liquidators:  View here
3.  158 Watchers 2012 Utility Vehicle  - Asset Liquidation Auctions: View Here
4. 157 Watchers Kubota RTV-900  - Loretto Equipment:  View here
5. 142 Watchers  1999 Lund Mr. Pike 17 with ShoreLand'r Trailer- We Sell Your Stuff Inc.: View here

Website Statistics:

	Bidders Participating
	2020	2021	Change
Jan	9,744	12,465	28%
Feb	8,827	11,943	35%
Mar	9,124	13,345	46%
Apr	8,843	14,061	59%
May	10,908	12,956	19%
Jun	12,470
Jul	11,469
Aug	12,689
Sep	11,884
Oct	12,722
Nov	11,568
Dec	12,429

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

		Bidder Signups
	2020	2021	Change
Jan	3,037	2,878	5%
Feb	2,194	2,541	16%
Mar	1,973	3,215	62%
Apr	2,066	3,494	69%
May	2,583	2,886	12%
Jun	3,747
Jul	2,996
Aug	3,683
Sep	3,013
Oct	3,008
Nov	2,420
Dec	2,708

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

		Website Sessions
	2020	2021	Change
Jan	808,972	1,043,960	29%
Feb	713,223	939,528	36%
Mar	743,709	1,062,515	43%
Apr	788,465	1,088,584	38%
May	926,236	1,000,205	8%
Jun	1,027,355
Jul	1,002,135
Aug	1,071,442
Sep	1,036,267
Oct	1,100,078
Nov	1,025,485
Dec	1,001,232

*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(s):

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

1	Twin Cities Auctions
2	We Sell Your Stuff Inc.
3	MNAutoAuctions.com
4	Surplus Liquidation Auctions
5	Loretto Equipment
6	NAB Auctions
7	KX Real Deals
8	NorthStar Brainerd Lakes
9	MN Home Outlet
10	JMS Auctions

Affiliate Anniversaries: 

We'd like to thank and recognize affiliates that are celebrating anniversaries last 2 month!

Congratulations to Jack Evenson of JAX of Benson on the 10 year anniversary!  

JAX of Benson	05/01/2011
Lakes Area Auctions	05/01/2013
Second Story's LLC	05/12/2020
Kan-Do Auctions	4/18/2013
D & L Auction and Sales LLC	05/21/2020
All Star Auctions	05/26/2020

Tip of the month/ New info: 

Online Store:

You can now purchase branded materials online in our online store.  We have shirts, hats, sweatshirts signs and more.  You're ideas are welcome for more products and inventory to stock.  You may also custom order promotional products through the online store.  https://k-bid.zendesk.com/hc/en-us/articles/115010943368-Affiliate-Logo-Materials-for-Purchase 

Streaming TV Ads:  

K-BID is always looking for new and effective marketing opportunities.   Currently, we are testing streaming ads in the Upper Midwest through platforms such as YouTube TV, Hulu and more!  We will be monitoring the effectiveness of these ads as we look to increase our brand awareness with new buyers/sellers.  Check out our ad that will be running over the next few months: 

Development Progress: 

We've recently overhauled the site search to help with speed and performance.  Currently, affiliates are not able to search for closed lots but we are working on a solution to provide that.  One new feature that we like is the ability to view auctions by grid view.  This will make it much easier for buyers to quickly search through larger auctions by just viewing images and clicking in for more detail. 

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