The growth of online models will increase product-based or bundled cross selling across distributor Web stores, equipment dealer networks, B2B and B2C eCommerce Web pages, and mobile apps. The increasing sale of aftermarket spares and lubricants through online marketplaces will also lead to the seamless sale of used equipment, with a win-win model for both buyers and sellers.
The evolving and competitive online business platform space has reduced gaps between buyers and sellers. B2B eCommerce and marketplace sites allow stakeholders to buy, rent, sell, auction, and perform various activities related to equipment sourcing. B2B online platforms are also used to buy, sell, and auction used construction equipment.
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