LOS ANGELES, Ca.- Saatchi Online, which re-launched in beta five months ago, now begins connecting its 100,000+ artists with potential buyers who have been visiting the site in growing numbers since October 2010. On March 16, 2011, Saatchi Online started selling pieces of artwork from emerging artists. Saatchi Online offers the highest earnings in the industry, giving 70 percent to the artist.

Saatchi Online manages all aspects of transactions and logistics from artists to buyers. The site even offers a seven-day money back guarantee, no matter the initial cost of the piece. Other unique features of Saatchi Online include;

• powerful social networking tools,

• fee-free peer-to-peer competitions called “Showdowns,” and,

• the incredible opportunity to have one’s work displayed at the Saatchi Gallery in London and other locations around the world.

Charles Saatchi, who originally conceived of the site, remains a major shareholder along with Balderton Capital. The site has been completely reconceived under the direction of former iStockphoto founder and CEO, Bruce Livingstone. The new social marketplace quickly attracted 100,000 new artists because it provides the art community with a new way to discover, share, exhibit, promote, discuss and sell art online.

“We have given powerful social and technical tools to the global art community, accelerating meaningful connections between artists and collectors,” said Bruce Livingstone, CEO of Saatchi Online. “People crave a sense of community with those who share their passions, their obsessions and even their trials. I fully expect several of the art luminaries of the next century to be discovered here.