9th January 2020
The 2010s was a whirlwind. It seems like a lifetime ago that Gordon Brown was Prime Minister, Kate and Will got married, and London hosted the Olympic Games.
The last decade has brought significant changes to the auction industry too, and there has been a considerable shift in the way people buy and sell at auction.
RAPID GROWTH
Online auctions have been rapidly growing in popularity with more auctions taking place online than ever before. Big players such as Christie's and Sotheby's getting involved and hosting online only auctions has helped bring more buyers to the format.
Auctioneering is one of the oldest industries in the world, so the fact that it can evolve and thrive is no surprise. The last decade saw records smashed with items selling at online auctions for millions of pounds.
ACCESSIBLE ANYTIME!
As average online auction lot values and selling rates are on the rise, the future of auctions is increasingly online. Auctions are accessible at any time, on any device by a broad e-commerce savvy community of buyers.
William George has been at the forefront of the growth of online auctions, but back in 2010, there was no William George. You'll have to turn your history books back to 2012 to find them. Founded with a passion for making auctions accessible to everyone, this mission has been at the heart of everything since.
A lot has happened since then, growing from one solitary auction to over 600 auctions in 2019. A legion of over 700 vendors helped bring over 40,000 lots to auction across categories ranging from art and antiques to classic cars and machinery.
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