Web Hits Break 1.5 million mark, Bids Exceed $200,000
DFW Airport is entering the final
week of the Airport's largest-ever all-Internet auction, and the
Airport's numbers -- from web hits to bidders and their bids -- are
well ahead of expectations.
The auction closes 10:00 am CDT on April 21.
More than 1.5 million web hits have been recorded by the primary
site of the Airport's auction, and as high as 312,000 hits per day
to the airport's own site. More than $220,000 in bids have been
received to date, with a flurry of activity anticipated in the
closing days of the sale.
In addition more than 7,300 bidders have registered from 30
different countries, from Argentina to the Ukraine. The US
government and military have also bid on selected items.
"The numbers are phenomenal, and they reflect a strong interest
in DFW's surplus inventory and the quality and values of these
items around the world," says Kevin Cox, Chief Operating Officer at
DFW. "This is a smart way for DFW to reduce its surplus and produce
additional non-airline revenue. We are firm believers in the
Internet business model for this type of activity the results speak
for themselves."
Currently, the highest bid item is Lot 158, which is a Ford
Tractor, with nine bids and a price of $8960.00. Other big bids
include three other tractors (Lots 159, 161 and 162) with 20+ bids
each now going for $7,100.00, and a Kubota Box Blade, Lot 163,
currently going for $5,651.00 with 18 bids received to date.
Yet Lot 275 featuring toys, games and a framed Brittany Spears
poster is a deal at $10.00. And Lot 274 featuring strollers, car
seats and a snowboard, is also a bargain at just $45.00.
"Utilization of the Internet allows DFW to reach prospective
buyers around the world and results in higher prices than we
normally realize in a live auction setting," says John Wesley
White, Vice President of Procurement & Materials Management for
DFW. "On-line auctions also allow DFW to save time, labor and other
expenses associated with conducting live auctions and allows us to
have auctions more often, which reduces the additional depreciation
and degradation of the equipment associated with waiting until
enough materials have been collected to justify conducting a live
event."
Bids will continue to be taken until April 21. Successful
bidders will be notified shortly after the auction closes to
confirm payment and arrange for pick up of their purchases.