2. NEW YORK, NY.- Barnebys, the online search and valuation tool for artworks, antiques and collectibles that has taken Europe by storm, will officially launch in the United States with an office in New York City, soon after the turn of the year. Already, representatives from the company are in Manhattan, gearing up for the launch. From their other offices in Stockholm and London, Barnebys has already revolutionized the auctioneering landscape, but not as an online-bidding platform in an already crowded space. Rather, it is an auction house aggregator. The company’s free, one-stop
Users are given instant entree to virtually every auction item in the marketplace at any given time. They are also furnished – for free – historical data documenting an item's previous sale history. It's a concept that has caught on mightily in Europe since the firm's launch in 2011. On any given day, Barnebys curates more than 400,000 available objects from 1,000+ international auction houses and dealers.
Barnebys operates on a unique pay-per-click business model, generating its revenue from participating auction houses. That revenue is based on the amount of traffic Barnebys redirects to online auction catalogs. The firm enjoys a healthy and cooperative working relationship with international auction houses large and small, averaging around 20 new auction house sign-ups per month. It also sells banner ads on its website.
In the United States, top-tier auction houses such as Sotheby's, Christie's, Paddle 8, Phillips and Heritage have already signed on to become cooperative partners with Barnebys. Others are expected to follow suit, once the concept is more widely understood and the potential for increased revenue is explained. International users include Catawiki, Dorotheum, Tajan and Auctionata. Further global market expansion is planned for 2016. More information...http://artdaily.com/news/83085/Europe-s-powerhouse-auction-aggregator-Barnebys-will-enter-the-U-S--market