eBay has announced that it has launched its Live Auction service in association with a number of traditional auction houses. The service is being positioned as a way to bring eBay customers to high end collectables and antiques that might not otherwise be available to online bidders.
You can check out the site here and view a tutorial on how it all works here.
In the announcement eBay commented: “Through the launch of live auctions, eBay is reimagining the time-honored auction house experience,” said Gene Cook, general manager of emerging verticals for eBay Marketplaces. “We know that people want new ways to peruse and purchase fine art and collectibles, and eBay’s live auctions are a best-in-class, inspiring shopping experience that delivers on this at a variety of price points.”
I wonder if this is the case. Every since its earliest days, eBay has had a bit of a chip on its shoulder about not being a proper old-fashioned auction house and that has always perplexed me. It was this chip on the shoulder that led to the purchase of auction house Butterfield’s way back when (IMHO). Butterfield was sold when the match proved unsuccessful.
For me it feels like a distraction to just doing what matters right in the first place and that’s improving the eBay Marketplace into a lean and flawless selling machine for merchants. So, I hope they don’t waste too much time on this niche.
7 Responses
I want to be the head of Emerging Verticals!
traditional action houses and ebay dont mix,
traditional action houses offer items with basic descriptions , with all manner of disclaimers then let the buyer beware they
usually have a very strict returns policy,
shipping time and costs are usually not of the standard ebay users expect
plus the saleroom.com has the market cornered these days
and if ebay are hoping to utilise their exsisting users,
the buyers 25% commission ofrmore that traditional auction houses charge , will cause a few upsets lol
Will they be adding a buyers premium to these auctions?
we wonder what sotheby & co will do with their defect rate lol