Contact Us          Submit a News Story          News Archives          Home
   

Google
E-Commerce News

eBid wants to compete with eBay head on

October 3, 2005

The very same day that eBay is expected to increase its charges for selling its regular items, a new rival and Internet auctioneer by the name of eBid is currently planning to compete head on with eBay by offering free lifetime memberships.

eBid is promising free "Gold" membership - which includes free listing of items and zero final value fees - to anyone who applies today. Gold membership is available for the cost of listing just one item on eBay. eBid is the plucky underdog to eBay's increasingly bolshy market leader. It aims to provide better service and promises to answer email queries within 24 hours.

eBay is increasing fees for inserting multiple items from 2 to 3 - based on starting price.

Adding a BuyItNow price, which used to cost 6p will cost between 5p and 25p from 29 September.

.... Advertisement ....
Laplink Controller

The firm operates in the UK and is opening in the next few months Australia, Canada, Ireland and the USA. It claims 410, 000 registered users, 95 per cent in the UK, and is gaining 650 new members a day.

eBay claims 157m members worldwide and 10m in the UK. In what can only be described as audacious spin/arrant nonsense eBid claims this is an advantage - you don't have to wade through as much rubbish to find what you want and if you are buying there will be fewer rival bids.

It charges sellers no listing fee although it does take 2 per cent of the final transaction - much less than eBay.

eBay charges sellers to list items on the site as well as gouging an eye-watering percentage of the final sale price - this ranges from 5.25 per cent for items sold for less than $25, dropping to 2.75 per cent of values between $25.01 and $1,000, over that and commission falls to 1.5 per cent of the remaining value.

Not all items are charged at this rate: vehicles attract a transaction service fee rather than a percentage.

Source: The Register



Advertise on E-Commerce News

Advertise on E-Commerce News and increase your site's visibility while boosting your sales.

If you have a product or service that deals with the ecommerce or ebusiness field, advertising on E-Commerce News can bring you new sales leads and close new marketing channels. This news portal is read by over 25,000 people a week.

Businessmen and woman that either own an ecommerce website, an ebusiness franchise, a B2B commercial exchange or by people in all walks of life that need to keep abreast of this fast-changing field. For more information on the many advantages of advertising on our news portal or to request pricing information, please send us an email and a marketing representative will be glad to answer you promptly.

Contact | Submit News | News Archives | Home


Copyright E-Commerce News, 2005. All rights reserved.

 
Avantex offers professional Web hosting services at wholesale-only prices. Get the best Linux or Windows hosting package for your eCommerce website. Learn more by clicking here.