|Wed Feb 4 2009 16:30:15|
eBay Live Auctions Closure Fragments Search Process
By: Ina Steiner
An alert reader noticed the AntiqueWeek magazine website is now running "AntiqueWeek Live Auctions." The site states, "Live bidding at antiqueweek.com is provided by RemoteBidder.com, a joint venture of Bidspotter.com, ATGMedia and AntiqueWeek. ATGmedia is the owner of the Antiques Trade Gazette and the-saleroom.com - the UK's leading online bidding platform. Bidspotter is one of the USA's premier commercial live auction providers." The joint venture was first mentioned in this December AntiqueWeek article.
Auction services that had used eBay Live Auctions (now closed) to provide auction houses with live-bidding capability and visibility have launched their own live-bidding platforms, in some cases in partnership with existing services. LiveAuctioneers is providing live-bidding capabilities to its auction house clients, GoAntiques is using Proxibid (profiled in this AuctionBytes article), and Artfact launched Artfact Live.
As AntiqueWeek pointed out in an article in December, the challenge for live-bidding services and auction houses is marketing - eBay gave those auction listings exposure the auctioneers are bound to miss. I haven't heard any reports on how things are going since the closure of eBay Live Auctions, it would be interesting to know how buyers are coping with a fragmented market (more places to search for the items they collect).
Updated 2/4/09: Auctioneer Walt Kolenda (AuctionWally) might have come up with a new business model for "live online auctions" - he conducted a live auction using Bonanzle - read the report to see how he did it. I would not advise anyone to do this unless you have an auctioneer's license, as AuctionWally points out.