You can't help it, you scroll short video after short video! The amount of talent and silliness is addictive and overwhelming! But hey, if you want to learn, and be entertained at the same time, you have to admit, Tiktok is a great place!
The social media platform TikTok has taken the world by storm, and its influence is being felt in unexpected places, including the world of auctions, antiques, and collectibles. This trend, is having a significant impact on how people discover, buy, and sell these items.
How TikTok is Changing the Game
TikTok's short-form video format is perfectly suited for showcasing the visual appeal of antiques and collectibles. Users can create videos that highlight the unique features and history of these items, which can capture the attention of potential buyers and sellers. Pickers can gain followers who love the intrigue of going on a virtual pick!
This has led to a surge in interest in these items, particularly among younger generations who are not typically associated with traditional auction houses or antique stores.
For example, one TikTok trend involves young people showing off their finds from thrift stores and flea markets, often with surprising results. In some cases, these items have turned out to be valuable antiques or collectibles, which has fueled the excitement and interest in these communities.
The Impact on Auctions and Antique Stores
The TikTokification of auctions and antiques is having a mixed impact on these industries. On the one hand, it has brought new attention and interest to these sectors, which can lead to increased sales and revenue.
However, there are also some concerns about the impact of TikTok on the authenticity and value of antiques and collectibles. Some experts worry that the focus on short, eye-catching videos may lead to people making impulsive decisions without properly researching the items they are buying, so PLEASE use due diligence when investing in an item. There are plenty of places to research values and authenticity, but cross-reference and ask questions!
The Future of Auctions and Antiques in the TikTok Era
Cape Ann Auction goes viral...kind of. We had an amazing time capsule find of antique toys, and our unboxing video of it is on the way to a 1/2 million TikTok views! It's is still too early to say what the long-term impact of TikTok will be on the world of auctions, antiques, and collectibles. Since the invention of the wheel, we've learned that things change. We can't stop progress, but we can try to use it for good. However, it is clear that this social media platform is playing a significant role in shaping how these industries operate, and I'm all for anything that gets the younger generations into the biz!
Here are some additional thoughts on the topic:
The democratization of collecting: TikTok has made it easier than ever for anyone to learn about and collect antiques and collectibles. This is due to the platform's ability to share information and connect people with similar interests.
The rise of niche markets: TikTok has also helped to create new niche markets for specific types of antiques and collectibles. This is because the platform allows collectors to connect with others who share their interests, regardless of location.
The importance of education: As the TikTokification of auctions and antiques continues, it is important for both buyers and sellers to educate themselves about the items they are dealing with. This will help to ensure that they are making informed decisions and protecting themselves from fraud.
Overall, the TikTokification of auctions, antiques, and collectibles is a complex and evolving phenomenon. It is important to be aware of both the potential benefits and risks of this trend in order to make informed decisions about how to participate in this new era of collecting. Right now, we love it, and think it's an overall plus for the biz!