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Auctionata Starts to Get Real Traction in 2014, Claims 130,000 Customers

February 24, 2015 by Marion Maneker

online-auction-bid

Auctionata seems to be gathering strong momentum. Their 2014 numbers are coming out and would seem to justify the company’s continued investment in expanding its New York operations to include a new studio in Manhattan. Auctionata now claims 130,000 customers (the site also has an online shop):

In 2014, Auctionata conducted a total of 113 live stream auctions that sold over 12,000 objects in various categories including the debut of classic cars broadcast from the new Berlin studio. Nearly 8,000 bidders from over 100 countries placed bids for a total bid value of €250 million ($325 million). Live stream auctions generated 75% of sales revenue, with €1.5 million ($1.9 million) coming from the new US auction broadcasts.

Nearly 20% of additional sales were generated by the Online Shop. Sales were geographically distributed across Europe (65%), Asia (17%), and the United States (13%). On average, Auctionata is able to sell 75% of all consigned goods within a six-month period.

Auctionata reports 163% sales increase for 2014 (Private Art Investor)

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Filed Under: General

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