Dealers sold on online auctions
The number of dealers using online auctions has doubled since the first lockdown.
According to a survey of 3,800 dealers carried out by CD Auction Group, trust and convenience of sourcing stock are key factors, as well as the enhanced imagery available with modern technology.
Andy Pearce, managing director of CD Auction Group, said: “The industry faced a watershed moment through the pandemic, and we believe that the changes are here to stay. Feedback from our vendors and buyers tells us that they value the efficiency of online channels and today’s technology takes away many of the barriers.”
