How many lots should I include in my auction?
The number of lots affects buyer interest, bidding, and auction success. Consider these key points to determine the optimal number.
Best Practices for Determining Lot Count
Aim for a balance that suits your audience and auction goals. Reviewing past auctions similar to yours can help identify the optimal number of lots.
1. Type of Auction
-
Artist studio sales: Typically 10–15 lots
-
Gallery sales: Usually up to 30 lots
-
Charity/fundraising auctions: Can vary widely, up to 100 lots depending on donations
-
Brand and marketing auctions: Usually 10–15 lots; single-lot auctions often work well for PR campaigns
2. Variety
- Offering a diverse mix of lots across item types, sizes, price points, and categories helps attract and retain buyer interest. A well-balanced selection encourages broader participation, keeps bidding competitive, and creates excitement.
3. Buyer Interest and Engagement
-
Too many lots can overwhelm buyers and spread bidding too thin.
-
Too few lots may limit competition and reduce engagement.
4. Item Size and Complexity
-
Larger or complex items often require fewer lots to maintain focus and allow detailed descriptions.
-
Multiple similar items can be grouped into a single lot to maintain clarity.
5. Auction Duration
-
Longer auctions can support more lots without rushing bidders.
-
Shorter auctions benefit from a curated, focused selection.
Top Tip: For more advice, view demo auctions