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November 30, 2012

eBid Positions Itself in Competition with eBay

By Tabitha Naylor, Contributing Writer

On "Cyber Monday (News - Alert)”, global online marketplace eBid reported an astonishing 102 percent sales increase.

With a total of 41 percent sales growth for the 12 month period ending November 2012, the year 2012 has been an especially productive year overall. Spanning over 100 countries, five continents and representing a gross marketplace value of nearly $3.5 billion, eBid hosts over 5.4 million live auction or BuyNow listings.

Image via Shutterstock

“It's been an outstanding year for eBid, both in terms of our sales growth, auction listings and infrastructure expansion. We made some considerable improvements to the back-end functionality of the site as well as strategic investment in marketing efforts,” said Mark Wilkinson, co-founder of eBid.

He added that in the U.S., since Google (News - Alert) Shopping switched to a paid model in October, eBid continued to pay for its U.S. based sellers' listings. In the coming months, when Google Shopping makes the switchover to free, it will also follow suit for other territories. An additional upcoming feature for eBid is a mobile app, which will allow users to buy and sell products through their mobile devices. The launch is scheduled for the beginning of 2013.

In the U.S., UK and dozens of other countries, independent metrics have placed eBid firmly in second-place competition with eBay (News - Alert) for person-to-person online listings.

Propelling eBid into this top bracket are its competitive features like zero insertion fees, low final cost fees (ranging from zero percent to a max of three percent), a "Make An Offer" and "Multiple Item Checkout" button, a generous affiliate program and wide territorial coverage. Using multiple, secure payment systems,, Google Wallet, PayPal (News - Alert), or Skrill (Moneybookers), transactions on eBid may be completed.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.

Edited by Brooke Neuman
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