Construction machine sale source online

A new private network platform has been developed that I designed to make it easier to sell construction equipment worldwide. Called Krank, this online company-to-company network is designed for trading large items of capital equipment, both regionally and internationally. This trading system allows companies to create private networks between each other and trade large items such as cranes, wheeled loaders, trucks or excavators. The site acts as a private sale room with users able to customise their
February 7, 2018 Read time: 2 mins

A new private network platform has been developed that I designed to make it easier to sell construction equipment worldwide. Called Krank, this online company-to-company network is designed for trading large items of capital equipment, both regionally and internationally.

This trading system allows companies to create private networks between each other and trade large items such as cranes, wheeled loaders, trucks or excavators. The site acts as a private sale room with users able to customise their online dashboard, making it easier to buy and sell machinery without the fees associated with trading capital equipment.

Krank uses bespoke online technology and analytic tools, to generate both a secure company-to-company networking tool and an online trading platform for equipment. Users can register on the site as an individual or through a company profile that allows an unlimited number of colleagues to join. They develop their own private network of contacts and invite co-workers to join, or request to connect with anyone from other companies.

Those who use sites such as LinkedIn, Facebook and Twitter will be familiar with some of the networking functions, such as viewing and posting on news timelines, sending one-to-one messages, and creating group chats. And those who use sites such as Amazon will recognise the sales procedures. Users can communicate whether just for networking purposes and to explore the possibilities of doing business together; or they can upload information and images of machinery they want to sell. In order to trade, the seller can offer the item on a private basis to specifically selected customers via the ‘Network Marketplace’ tab, or the unit can be offered on an open basis via the ‘Public Marketplace’ tab. The buyer and seller are responsible for carrying out their own checks, due diligence, and financial transactions.

Finance & Funding

Related Content

  • Over 260 items available at IronPlanet’s latest used construction equipment auction
    May 24, 2013
    IronPlanet (www.ironplanet.com), one of the world’s leading online auction companies for used construction and agricultural equipment, says it will sell over 260 items of construction, agricultural and materials handling equipment at its May 29th online auction. The equipment for sale is located throughout Europe, the Middle East and Africa, and includes excavators, loaders, dump trucks, aerial work platforms, compactors, telehandlers, forklifts, tractors and generators. Among individual auction items are a
    Read More
  • Indoogoo adds geolocation to its My Rentals for heavy equipment
    November 26, 2014
    Indoogoo, a social and trading network for the construction industry, has added geolocation of available equipment to its My Rentals Website. Users of My Rentals have been locating and renting heavy equipment from big organisations including national outfits and smaller local traders. The new service now allows users to search for the machinery they wish to rent, specifying exactly where and when it is needed. The user is presented with a customised map showing all suitable machinery in the specified area.
    Read More
  • bargain hunting, live onsite auction day in Donington, UK
    November 14, 2016
    It’s live onsite auction day in Donington, UK and it’s noisy. It’s also raining in early morning but that doesn’t put off the gathering crowd Buyers are milling around parked machinery. They kick tyres and slam doors. Some are behind the wheel, gingerly nudging vehicles frontwards and backwards or raising and lowering booms. Their partners stand a few metres away scrutinising the machine’s movements.
    Read More
  • Deciding whether to buy new or used equipment
    May 20, 2015
    Customers can face the choice of buying used or new equipment – Dan Gilkes writes. The decision to buy either new or used equipment is almost as old as the construction plant market itself. However some of the reasons for choosing between the two might well be changing, to meet new demands from customers across the world and to cope with a changing supply base. Ever more stringent emissions legislation in Europe, the US and Japan, rapidly developing emerging markets that want the productivity of the latest
    Read More

Highlighted Content