Lloyds Ahead of the Game in Identifying New Trends in B2C Auctions

Lloyds Auctioneers and Valuers (of whom Joyce own a 51% share) are dominating the field of liquidated asset Sales.  Lloyds’s are the preferred partner of a large cross-section of Corporate and Private Enterprise, State and Local Government Departments and many of Australia’s leading Financiers because Lloyd’s expertise in Asset Realisation is second to none.  

Lloyds online Auctions are now at the forefront in the surge of Business to Consumer online and onsite auctions.  Alongside their well known success in the classic car sector, they are perfectly connected for the new trend in portable buildings.There is a real buzz around portable buildings, consider for example the Airbnb inspired opportunity for savvy property owners to add an additional income stream via Tiny Houses, or adding a Granny flat without the expense or hassle of a new build extension.   Lloyds are ahead of the pack in identifying this new demand from consumers; portable buildings are no longer just about Construction sites. Farmers and rural applications are just some of trending users of portable buildings.  

Lloyd’s liquidation and asset auctions are increasingly about Business to Consumer sales, with Auctions for portable buildings being increasingly attended by non- business consumers; thereby increasing audience size, demand and of course bids.  

Mr. Anthony Mankarios, Executive Director of Joyce Corporation Limited commented “By identifying new strategies in Asset Realisation Lloyds are on course to far exceed last year’s growth.” He added “Lloyds now dominate the areas of Classic Cars, Portable Buildings, Consume Goods and Liquidation Assets, and with the rapid growth in yellow equipment (mining and B2B sales) Lloyds will soon top the Australian Landscape as the premier online auctioneer – B2C site.  No one gets better prices for these assets as does Lloyds online auctions.”  

Joyce Corporation who focus on investing in direct business to consumer business units are rated as a premier organisation on the ASX with its growth unparalleled for its size and Market Capitalisation in the industrial market sector over the last few years. The Joyce Corporation is now considered a sector leader for their consistent earnings and dividend growth.  

 
Media Article written by Rebecca Hill
Media Contact media@joycecorp.com.au
Mb: 0407 454460
 
Investor Contact
Executive Director:  Anthony Mankarios
Ph: 0438553403
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