You have 2 more free articles remaining

The new website, Welcome Arts, was launched by Andrew Welcome who spent six years working with an art restorer before starting work on the website while pursuing a business and marketing degree.

“I saw a gap in the market,” Welcome told ATG. “I collect art and when I decided to start selling it the only way to sell online the way I wanted was on eBay. I thought there should be a cheaper option.”

The new platform features a lower commission rate than eBay and allows users to hold timed auctions on their objects lasting for one, two or three months with the option of automatic re-listing.

The website also features 0% buyer’s premium and the commission fee of 5.5%-8% depending on value.

Welcome spent a year working on the website which at the moment is exclusively geared toward art. However, Weclome said that he would widen the market to include antiques “if there is a demand.”