What does data tell us about the performance of pure Online sales vs Live sales?
Posted by Pi-eX Research on 2nd Sep 2020
As the Covid19 pandemic affected the art market in the Spring 2020, the three leading auction houses were forced to close their auction rooms in all key locations. While all live auctions were cancelled or postponed from Mid March 2020 until almost the end of May 2020, numerous new online auctions were added to the traditional auction calendar.
Pi-eX July 2020 DATA Break highlights the dramatic shift from live to online auctions and shows how it affected the mix of business at Christie's, Sotheby's and Phillips.
How many new online auctions were added before, during and after the confinement period imposed by the pandemic?
How was auction revenue impacted by the shift to online auctions?
Watch Pi-eX July DATA Break to find the answers to these questions and much more.
Pi-eX DATA break is an informal 10 minutes conversation among art market experts covering current art market trends.
Pi-eX July DATA break features Christine Bourron, founder and CEO of Pi-eX and prof. Paolo Turati, veteran of both the art and finance worlds. The interview is moderated by Matteo Pace, Research analyst at Pi-eX.
For further information on Pi-eX DATA Break, contact Pi-eX Research.