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Auctionbytes-NewsFlash, Number 1911 - November 05, 2008 - ISSN 1539-5065      | Next Story

WorthPoint to Launch Live Auctions on Proxibid Platform
By Ina Steiner
AuctionBytes.com
November 05, 2008
Reading AuctionBytes: WorthPoint to Launch Live Auctions on Proxibid Platform

WorthPoint, which recently completed its acquisition of GoAntiques, an online network for buying and selling antiques and collectibles, sent a letter recently to dealers to update them on recent changes. WorthPoint said it would have two auction venues for members. One is a live-auctions format that will move from eBay Live Auctions (which is closing at the end of the year) to the Proxibid platform. The other is a timed auction that WorthPoint said is similar in format to those on eBay, but with a focus only on art, antiques and collectibles, and "terms, structures and features will cater to our industry."

WorthPoint also introduced new pricing structures for GoAntiques/WorthPoint effective November 1, 2008. A monthly Basic Site Store that only appears on GoAntiques website and the current distribution network (Google product search, BobVila.com, etc.) will be priced at $49 with no retail sales commissions; the price for new dealers after December 31, 2008, will be $59 with no commission fees. Current GoAntiques members have the option of staying with their current plan. WorthPoint is granting current GoAntiques dealers "Founding status," which will give them additional exposure at no extra charge.

GoAntiques also has plans to integrate with PayPal.

http://www.worthpoint.com

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Related Stories
  • Proxibid Live Auction Service Sees Record Growth in March - April 08, 2008, Issue #1764
  • Proxibid Is Alternative as eBay Closes Live-Auctions Platform - April 20, 2008, Issue #213
  • WorthPoint Helps Collectors Value, Sell or Talk about Collections - June 01, 2008, Issue #216
  • WorthPoint Partners with Proxibid Live-Auction Service - June 04, 2008, Issue #1804
  • Live-Auction Site Proxibid Secures Funding for Expansion - August 04, 2008, Issue #1846
  • GoAntiques Sold to Worthpoint, Will Launch eBay Alternative - August 22, 2008, Issue #1859
  • Heritage Auction Galleries to Supply Auction Data to Worthpoint - September 03, 2008, Issue #1867
  • Major Antiques Sites Join in Creating New Ad Marketplace - September 12, 2008, Issue #1873
  • WorthPoint Completes GoAntiques Acquisition - October 30, 2008, Issue #1907



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