Quote:
Originally Posted by perezfan
The Catalogue Auctions have to charge higher fees (on both ends), largely due to the costs of producing the Catalogues. The related costs are quite expensive and time consuming for their employees. Production, printing, photography, layout, man-hours, and postage costs for mailing the Catalogues out to thousands of prospective clients, etc.
That's where a significant portion of the money goes...
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yes and no....catalogs cost about $10,000 for 1000 or so....as a balllpark rule...add another 5k for shipping and you have 15k......make it 25k to be as safe as possible. So on a million dollar sale, with no sellers fee and a 19% buyer fee, there is $190,000 gross profit. The math is pretty easy. Don't get me wrong.....auctions aren't as easy as some would think and there are tons of issues and work to be done. Catalogs are mainly so the consignors can see their stuff in print. And of course it's true I love my catalogs too, as a buyer....but they aren't that necessary, really. Just my opinion and others will disagree and have their right to disagree. It's ok....
btw, as the price of the catalog goes up, with the amount of items and pages, so do the revenues....
12-07-2010, 12:43 PM
not quite
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