User-friendly, secure digital platform from Krank powers Liebherr online marketplace

The first hosted digital platform for sales of used equipment developed by a major equipment OEM has launched, providing a secure, user-friendly marketplace for buyers and sellers to connect. Powered by Krank technology, the new Liebherr Used Equipment Marketplace is a big step forward in used equipment sales.

Krank tailored the platform specifically to meet Liebherr's precise needs, which included upgrades and replacement of existing systems to enhance service delivery. A robust and scalable digital platform, the Used Equipment Marketplace provides a showcase of how Krank technology can be sized for the needs of various businesses that are looking to sell used equipment.

"Our collaboration with Liebherr, one of the world's largest and most respected manufacturers, is reshaping how companies manage their equipment lifecycle," said Mark Turner, CEO of Krank. "Liebherr taking charge of selling its own used equipment shows how digital transformation is empowering companies to move away from traditional disposal routes. We are pleased to have our technology underpin Liebherr's new digital marketplace."

 The Liebherr Used Equipment Marketplace is user-friendly and offers a selection of pre-owned machines that include wheel loaders, tracked and wheeled excavators, plus attachments and spare parts from Liebherr sales and service partners. Advanced search and filtering tools allow users to easily find what they need. The platform supports global accessibility and promotes sustainability by extending the operational life of equipment, offering cost-effective, resource-conserving solutions.

Liebherr's marketplace has launched with web access and will soon add mobile app access as well. The app will provide personalized watch lists, real-time notifications, and direct seller communication to simplify the purchase process.

Selling directly through its platform lets Liebherr maintain complete control over profitability and eliminates the need for intermediaries. This preserves against margin erosion for Liebherr and offers buyers the assurance of purchasing at the best price directly from the owners of the equipment.

"We were looking for an expert in creating marketplaces for used construction equipment - and Krank is the standout partner. With the launch of this marketplace, focused on our specific product segments, we provide a central platform for our global used equipment business. Customers are able to independently search our virtual marketplace for the used equipment they need, while our sales partners register and manage their listings via the platform and its associated apps," said Daniel Hecker, Business Development Sales at Liebherr-EMtec GmbH. "The marketplace brings together on a single platform the entire supply and demand sides of our used equipment business. It combines Liebherr's strengths of personal advice and customer relationships with the much greater visibility a global digital marketplace offers."