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Wed Feb 4 2009 16:30:15

eBay Live Auctions Closure Fragments Search Process

By: Ina Steiner

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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.




Comments (10) | Permalink

Readers Comments

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: ScienceFare

Wed Feb 4 16:52:07 2009

Hi Ina...

Nice article, as usual.

Just wanted to point out that you spelled your own name wrong. Obviously a typo.

Ina "Steinre" should be Ina Steiner.

-ScienceFare

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

This user has validated their user name. by: Ina

Wed Feb 4 17:39:39 2009

Hi ScienceFare,
Nice catch, thanks. I've fixed it. Pretty bad when I can't spell my own name right, LOL!

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: 942254

Wed Feb 4 17:41:31 2009

I feel the fragmented market is nuisance to both the buyers and the sellers. But I guess it was bound to happen.

Hopefully this is just a transitional stage as sellers and buyers move away from ebay and eventually help establish a new leader.

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: Lisa

Wed Feb 4 18:17:09 2009

That's exciting news from Auction Wally. I think if Bonanzle could add an auction format to the venue, they could sweep Ebay. Seriously. Wouldn't that be great!

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: Louis Palafoutas

Wed Feb 4 18:33:46 2009

The site with the most sophisticated tools and true live auction support for live bidding presented for bidding against auction house floor bidders isn’t even mentioned, Proxibid at proxibid.com

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

This user has validated their user name. by: Ina

Wed Feb 4 20:03:52 2009

In the second paragraph there's a link to a profile of Proxibid that ran in AuctionBytes - definitely worth mentioning. :)  

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: Dede

Fri Feb 6 08:31:15 2009

Exciting things coming from Wally soon. Be on the look out, shhhhhhh

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: eBay is scum

Sat Feb 7 10:34:53 2009

WTF ? eBay/paypal so anal they keep track of every little thing re: this email -Thank you for making your 1000th purchase using PayPal. We hope you continue to enjoy the convenience of shopping online with PayPal at stores you know and trust. Remember, checkout is always safer and easier when you use PayPal. I just received this after 1000 transactions? geez.

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: o.c.d.collectibles

Sun Feb 8 18:58:00 2009

I am totally waiting for the evolution of another online auction "format" venue of selling.

Now, I understand from Griff's explanations, that there is a difference between auctions "per se'" and "auction format" selling. Apparently that is why ebay does not need to be an auctioneer!

I would be perfectly happy with that capability on any of the good alternative sites that are having hoards of sellers that just exited from ebay!

I just want to feel like I'm home..does that make sense? Ebay makes me feel too uncomfortable to list and sell any more, and fixed price drives me crazy, because I keep thinking I'm pricing either too high or too low.I'd rather the bidders establish the price. That works for me!

eBay Live Auctions Closure Fragments Search Process   eBay Live Auctions Closure Fragments Search Process

by: nadine

Mon Feb 9 05:03:49 2009

Yes, the fractured antique auction marketplace is a huge nuisance to both buyers and sellers, and there's no telling when it will reunite, if ever.

When the case studies are written about how eBay self-destructed, I truly think that getting rid of eBayLive will loom large in the story. Not that it got rid of so much revenue by itself, but that it's emblematic of the thinking that that couldn't be bothered to tend even the most productive cash cows, and killed them by neglect. To have the online monopoly for antiques and collectibles was extremely valuable to eBay, and they blew up their own monopoly without noticing what they were doing, so fixated were they on chasing Amazon.



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