The auction world has undergone a significant transformation as technology and widespread internet adoption have revolutionized the way auctions are conducted. Traditional on-site auctions now incorporate live internet bidding, raising the critical question: does this...
Category: Fine Art Auctions
The Power of Live Internet Bidding: Maximizing Profits for Auction Sellers
The auction world has experienced a major shift in recent years, as advances in technology and widespread internet adoption have transformed how auctions are conducted. The traditional on-site auction has been significantly augmented with the addition of live internet...
The Enigmatic Allure of Buyer Premiums: A Tale of Auction Prosperity
Once upon a time, nestled in the bustling world of auctions, a concept known as the buyer premium emerged, sparking intense debate among the merchants, sellers, and auctioneers who populated this realm. This premium, a mysterious charge levied upon the winning bidder,...
The Buyer Premium’s Impact on Auction Revenue: An In-Depth Analysis
The buyer premium, an additional charge levied on the winning bidder at auctions, has long been a subject of intense debate among auction professionals and researchers. While some argue that the premium generates increased revenue for sellers, others remain skeptical....
101 Reasons Why To Have An Auction Instead Of A Garage Sale
1. Greater potential for higher profits. 2. Auctions attract serious buyers. 3. Competitive bidding can drive up prices. 4. Faster disposal of items. 5. Auctions can be more exciting and entertaining. 6. Professional auctioneers can help attract a crowd. 7. More...
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