Continuous
Online Auctions

Continuous Online Auctions operate around the clock, with items continuously listed for sale, allowing bidders to place bids at any time.

Using Continuous online auctions, combined with themed auctions and fewer traditional Fine Art hammer auctions, leads to a consistent flow of transactions and keeps the auction platform active daily, resulting in more sold objects per specialist and per square metre.

eBay revolutionised the auction industry by demonstrating how customers of the future prefer online auctions. This shift highlighted the need for traditional auction houses to adapt and follow the transition as well.

However, Continuous Online auctions can become complex as everything must be managed in parallel, which is why having a third-party actor to provide assistance is invaluable. The auction houses get to focus on what they do best and we take care of the rest. This is why we created Auctionet.

The auction houses focus on the intake of items while we focus on the sales. Therefore, they don't have the stress of switching between intake and sales which means the auction house becomes more efficient and more successful:

· Less time on admin and more time on consignments
· Higher prices
· Sell more items at a faster rate
· Sell items at a higher sell rate
· Fewer unsold items
· Higher profitability

In the early days of my career, we moved each item 10 times, consuming an hour. Today, thanks to Auctionet, we've trimmed that down to just 3 moves, taking a mere 15 minutes.

It’s obvious that this creates higher profitability, though it's not simple to implement. That's why we've established LEAN processes and manuals for each operation at an auction house. By reducing the frequency of item handling, operational processes become more streamlined, saving time and money.

Additionally, an important aspect of Auctionet is that we are not a client-supplier relationship: we are a family striving for overall success. If the auction houses are doing well, we are doing well.