Blog and Auction News

Evolution of Inventory Management: Technological Transformation and its Impact on the Auction Industry

By Bidsquare | December 13, 2024

Inventory management’s evolution is the story of efficiency, accuracy, and control, from ancient barter logging to today’s cloud-based solutions. From primitive tablet carvings to today’s software offerings, the transformation of inventory management is a testimony to the search for greater efficiency, accuracy, and control. And while businesses from manufacturing to retail benefit from tech-backed systems, … Continue reading Evolution of Inventory Management: Technological Transformation and its Impact on the Auction Industry

The Fascinating History of Auctions

By Bidsquare |

The practice of auctions has a rich and varied history, dating back thousands of years. From the bustling marketplaces of ancient civilizations to the cutting-edge online platforms of today, auctions have continually evolved, serving as a dynamic method of commerce and valuation. Auctions in Ancient Times The history of auctions dates back to the earliest … Continue reading The Fascinating History of Auctions

The Drawing Center’s 2024 Benefit Auction: Powered by Bidsquare Cloud

By Bidsquare | September 18, 2024

The Drawing Center, a premier institution in New York, brings its annual Benefit Auction online with Bidsquare Cloud. The organization is known for its dedication to the exhibition of drawings, ranging from historical works to cutting-edge contemporary art. Since its founding in 1977, the Drawing Center has played a vital role in promoting drawing as … Continue reading The Drawing Center’s 2024 Benefit Auction: Powered by Bidsquare Cloud

Bidsquare Cloud Helps Case Auctions Set New Online Auction Records

By Bidsquare | September 16, 2024

Case Auctions’ Summer Auction, held on July 6-7, 2024  in Knoxville, Tennessee, brought in record sales, showcasing the remarkable impact of Bidsquare Cloud. With 1,086 lots featuring star items from estates and a Southern museum, this auction was the highest-selling event in their history, achieving a 98% sell-through rate and exceeding the total high estimate … Continue reading Bidsquare Cloud Helps Case Auctions Set New Online Auction Records

How Auction Houses Can Overcome Challenges with Online Auction Software

By Bidsquare | September 10, 2024

As the auction industry continues to evolve, auction houses face growing challenges in staying competitive and relevant. The rise of digital technology is rapidly changing how collectors are buying and how auctions are conducted. Auction houses that resist embracing technology risk falling behind. From shrinking bidder pools to operational inefficiencies, traditional auction models present significant … Continue reading How Auction Houses Can Overcome Challenges with Online Auction Software