Chapter
Heritage Auctions Business Model
33:00 - 36:02 (03:02)
Heritage Auctions is a top business model for auctions and online marketplaces, with roughly half of their sales online and the other half in person, including categories such as sports collectibles, luxury real estate, comics and more.
Clips
In this podcast, the benefits of auction-style marketplaces are discussed, with a particular focus on Heritage Auctions.
33:00 - 33:41 (00:41)
Summary
In this podcast, the benefits of auction-style marketplaces are discussed, with a particular focus on Heritage Auctions. While some may argue against the popularity of auctions, there appears to be a consensus that they represent an effective business model.
ChapterHeritage Auctions Business Model
Episode#48 - NSFW Tech, HQ Trivia & Auctions
PodcastMy First Million
Joe Rogan discusses his love for auctions, particularly niche auctions, while looking at the 800 million dollars in sales made by auction house Heritage, pointing out some of their top categories such as coins, movie posters, and comics.
33:41 - 34:44 (01:02)
Summary
Joe Rogan discusses his love for auctions, particularly niche auctions, while looking at the 800 million dollars in sales made by auction house Heritage, pointing out some of their top categories such as coins, movie posters, and comics.
ChapterHeritage Auctions Business Model
Episode#48 - NSFW Tech, HQ Trivia & Auctions
PodcastMy First Million
The potential for growth in the marketplace and auction industry is huge, especially when dealing with heritage collections, sport collectibles, luxury real estate, and wine.
34:44 - 36:02 (01:18)
Summary
The potential for growth in the marketplace and auction industry is huge, especially when dealing with heritage collections, sport collectibles, luxury real estate, and wine. Urgency to bid plays a significant role in auctions, making way for impressive sales as seen in Baird Jackson and Heritage Auctions.