Canadian Manufacturing

Ritchie List surpassed 75,000 equipment and vehicle listings in 2022

by CM staff   

Financing Manufacturing Supply Chain Automotive equipment marketplace strateg Ritchie Bros service packages vehicle listings


Last year the site grew its customer base by 300 per cent and increased listings by more than 100 per cent.

VANCOUVER —Launched in 2021, Ritchie Bros’ first North American listings site, Ritchie List, based on its industry-leading Mascus technology—grew its customer base by more than 300 per cent last year and surpassed 75,000 active listings for equipment, vehicles, and other assets.

“Ritchie List is a key part of our marketplace strategy, which is designed to provide customers a one-stop shop for insights, services, and a variety of transaction solutions,” said Ann Fandozzi, Ritchie Bros, CEO. “Today we are attracting hundreds of thousands of visitors to Ritchie List per month and have built out innovative tools and services to help drive leads for sellers. With Ritchie List, customers get access to a suite of à la carte services designed to make private selling more efficient and safe, with a secure transaction management service, invoicing, and more.”

The service offers access to an inventory management system, data analytics and pricing valuation tools from Rouse Services and Ritchie Bros., financing, inspection services, warranties, insurance and transportation. With Ritchie Bros’ inventory management system, users can move items from Ritchie List over to Marketplace-E or IronPlanet if they want Ritchie Bros to sell the asset and manage the transaction for them.

“At Ritchie Bros. we specialize in driving demand and work hard every day to bring qualified buyers to Ritchie List,” said Kishen Raja, Sales Director for Ritchie List. “We listen to our customer’s needs and are building out the right solutions for them, whether it’s an owner-operator selling one dozer or an equipment dealership looking for a dedicated webshop to help reach buyers beyond their local region—we have something for everyone.”

Advertisement

In 2023 Ritchie Bros will be launching bundled service packages.

Advertisement

Stories continue below