Revenue Model 2017-03-09T15:38:27+00:00

Revenue Model

The revenues from auction consist of commission and fees from both buyers and sellers. If owns the auction house the total revenue for is approx. 30% of auction turnover. If has a partner agreement, the revenue from auctions is approx. 10% of auction turnover. receives approx. 1.4% in marketing contribution of the auction turnover from each auction house to be spent on regional and global marketing.