Online Auction eBid US Launch
Published September 30th, 2008
NEW YORK, – eBid.net, today announces the official launch of its business in the US increasing its global presence to 18 territories across the US and Canada, UK, Africa, Asia and Australasia.
Following extensive trials analyzing the buying and selling habits of the online consumer across the US, eBid Co-Founder, Mark Wilkinson says the launch represents a significant milestone. “We now feel confident to invest in the expansion of our business and will continue to work in partnership with our US users to enable them to list items for sale globally in a safe and secure environment.”
In August this year, eBid recorded 1.3 million listings across the States with a substantial and consistent stream of new sign ups daily placing them second only to eBay in person to person online auctions. In the same period, revenues grew 45% month on month predominately by attracting disgruntled eBay customers indicating a correlation between eBay policy changes and a surge in new listings to eBid.
This year, the company was publicly recognised by winning the prestigious ‘Gold Award for Best eBay alternative on the net 2008′.
With a clear strategy deeply rooted in the vision of its founders, eBid holds true to its original business model to provide a viable two tier selling platform with the choice of zero subscription costs and minimal fee on sale or subscription with zero final sale fee. This unique approach enables significant profits for sellers.
Adds Wilkinson: “Over our 10 years we’ve worked to build an international business that supports buyers and sellers across the globe. Our support for ‘Average Joe’ trading means, as other online auction websites become predominantly focused on expanding the ‘business to consumer’ strategy losing sight of the fundamental needs of their customers, we are enjoying double digit monthly growth.”
To support their launch, eBid is investing in a PR and radio media campaign.
About eBid.net
Founded in the UK in 1999, eBid.net is now a global company. With a commitment to person to person online auctions, eBid.net is recognized as the ‘best eBay alternative’ and provides subscribers with unlimited free listings, subscription deals and a standard minimal final value fee.
Web site: http://www.eBid.net/
