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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Alexander Zacke
From Berlin, Bringing Art Auctions Online: Auctionata CEO Alexander Zacke (Part 7)
Sramana: You also get a lot of auction traffic from India. What do Indian’s buy? Alexander Zacke: They buy pretty much everything except European furniture. They don’t really like it. They buy a lot of Indian art, miniatures, and contemporary Indian art. I see the same trend happen in Morocco, Argentina, Mexico, and Turkey, where
From Berlin, Bringing Art Auctions Online: Auctionata CEO Alexander Zacke (Part 6)
Sramana: There is a very compelling element to your story. You are going to have access to the larger ticket items that are the economic drivers of a traditional auction house. However, traditional auction houses do not have the ability to scale. Auctionata has the ability to scale much faster. Alexander Zacke: That is exactly
From Berlin, Bringing Art Auctions Online: Auctionata CEO Alexander Zacke (Part 5)
Sramana: What is your commission structure? Alexander Zacke: Our standard fees are 20% from the seller and 20% from the buyer. Our fees are negotiable, depending on the value of the consignment. The overall commission we receive will likely be less than 30%. Sramana: You said that you raised some money to build this company.
From Berlin, Bringing Art Auctions Online: Auctionata CEO Alexander Zacke (Part 4)
Sramana: How do you manage the courier service? Is it your own service or do you use a commercial service? Where are you having the paintings shipped to? Alexander Zacke: We pick up the merchandise as soon as we obtain an auction contract. We then catalogue the item and run it through our in-house services.
