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First results of the €1 starting price strategy

In an earlier edition of Troostwijk Connects, we introduced our new strategy: starting February 1, 2025, all lots at Troostwijk Auctions will open with a starting bid of just €1. The first results are now in, and they confirm the power of this approach!

 

Benefits in numbers

 

On average, 5 more unique bidders per lot, creating a more dynamic bidding process.

20 additional followers per lot, leading to greater visibility and increased interest.

 

These positive developments highlight that the €1 starting price not only attracts more bidders but also leads to better sales results for our sellers. The bidding process starts more quickly and offers buyers an attractive, transparent experience.

 

Troostwijk Auctions and Vavato moving together towards the €1 pricing strategy

 

Not only Troostwijk Auctions but also our colleagues at Vavato are implementing this successful approach starting February 1, 2025. Together, we are pursuing a uniform policy aimed at maximizing returns and transparency for our customers.

 

Questions or need advice?

 

We understand that this change may sometimes raise questions. Do you have specific lots or unique situations where you would like advice? Please contact your account manager. We are ready to support you and think along with you for the best approach. With this joint strategy, we continue our commitment to achieving the best results for our sellers.