PRZOOM - /newswire/ -
New York, NY, United States, 2011/01/18 - Julian Ellison, CEO of the online live bidding platform, LiveAuctioneers said the company benefited from referrals from search engines and an expanding customer base.
LiveAuctioneers, the Manhattan-based Internet company that provides an online live-bidding platform and related support services to more than 1,000 auction houses worldwide, has released fourth-quarter 2010 statistics revealing a marked increase in site visits, new-user signups and page views.
During the fourth quarter of 2010, there were more than 3.8 million “absolute unique” visitors to LiveAuctioneers, where both current and archived auction catalogs are readily available to view. This figure reflects an 87% increase over the comparable quarter of 2009.
There was also a sizable jump in the number of overall visits to the LiveAuctioneers site, soaring from 3.3 million in Q4 2009 to 5.9 million in Q3 2010. Statistically, this result represents a 77% increase over the comparable quarter of a year ago.
“Whether they’re first-timers or coming to the site expressly to view catalogs or bid, there’s no question that visitors to LiveAuctioneers are sticking to the site and viewing more catalog pages than before,” said LiveAuctioneers CEO Julian R. Ellison. “In October, November and December, we recorded more than 47.8 million page views on the site, as compared to 27.7 million in the corresponding quarter of 2009 – an increase of more than 72 percent.”
Ellison added that a sizable flow of traffic is being redirected to LiveAuctioneers on a regular basis through search engines. “During the fourth quarter 2010 there were 3.1 million search-engine referrals to LiveAuctioneers – a 42.7% increase over the fourth quarter of 2009,” Ellison said. Additional statistics revealed that during the fourth quarter of last year LiveAuctioneers attracted 39,500 new-bidder signups.
“By no means have we reached the outer fringes of our potential – quite the contrary. Our user base just keeps on growing, with phenomenal interest coming from Asia, where the ‘new money society’ is only in its infancy,” said Ellison. “Unquestionably, the repatriation of antiques to China, in particular, hit top gear in 2010, and there’s no slowdown in sight. Already in 2011, we’ve seen a seven-figure online-sales total. More than a million dollars worth of antiques and fine art sold to our online bidders at Brunk Auctions’ January 8 and 9 sale. Well over 1,300 people registered for that sale through LiveAuctioneers, and obviously they were very serious bidders. Based on the auction results we’ve seen just in the first two weeks of January, there’s every indication that this is going to be another outstanding year for LiveAuctioneers.”