Tuesday, August 7, 2007

Analytics

July was another record month for us in many ways.

We hit more than a few milestones this month: the number of network members grew by over 10%; (we're on the edge of passing 600); the most vehicles were submitted in a single month; the most successful transactions between dealers were closed; and we created a new research department.

We now have a first-class department at iLUXCARS dedicated to analytics. The purpose of this is to understand and disiminate the wealth of data that we have and are collecting about the complex wholesale luxury and exotic vehicle market.

We're just getting started with this idea but we're betting that what we learn will be very valueable to the entire network. The point is that we're investing in iLUXCARS and the iLUXCARS network.

We'll keep you posted.

No comments: