Online Auction Site eBid.net Reports 102% Increase in Cyber Monday Sales

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Sales on November 26 More Than Double From Previous Monday.

eBid.net - with over 5.4 million live auctions and no listing fees

In fact, while this doubling of sales figures is significant, it caps an entire November of sales growth which ultimately proved to be eBid's best month since its founding in 1999.

Global online marketplace eBid (http://www.ebid.net) has reported an astonishing 102% sales increase on "Cyber Monday" (November 26) versus the previous Monday sales. In fact, while this doubling of sales figures is significant, it caps an entire November of sales growth which ultimately proved to be eBid's best month since its founding in 1999. Indeed, 2012 has been an especially productive year overall, with a total of 41% sales growth for the 12 month period ending November 2012. Spanning over 100 countries and five continents, eBid hosts over 5.4 million live Auction or BuyNow listings representing a gross marketplace value of nearly $3.5 billion.

Mark Wilkinson, co-founder of eBid said, "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. Additionally, since Google Shopping in the U.S switched to a paid model in October, eBid has continued to pay for our U.S.-based sellers' listings and will do also for other territories when Google Shopping makes the switchover to paid from free in these countries in the coming months. An additional upcoming feature for eBid is a mobile app which will allow users to buy and sell through their devices. The launch is scheduled for the beginning of 2013."

Independent metrics have placed eBid firmly in second-place competition with eBay for person-to-person online listings in the USA, UK and dozens of other countries. Competitive features like zero insertion fees, low final cost fees (ranging from 0% to a max of 3%), a "Make An Offer" button and "Multiple Item Checkout" as well as a generous affiliate program and wide territorial coverage have all combined to propel eBid into this top bracket. Transactions on eBid may be completed using multiple, secure payment systems, either PPPay.com, Google Wallet, PayPal, or Skrill (Moneybookers).

With eBid's affiliate program, participants who add banners/links to their website, emails or Facebook pages can earn up to $104.99 for a single referral. Affiliates are rewarded for not only sign-ups to the basic eBid "BUYER" account status but also when the referral makes a free upgrade to "SELLER" status and, most impressive of all, affiliates are rewarded with 50% of any upgrade fees when their referrals upgraded to "SELLER+" status. eBid's "SELLER+" status is a great advantage for higher volume merchants. A one-time fee of $49.49 gives the seller a lifetime of zero listing fees and zero final value fees. Merchants may also opt for a short-term subscription upgrade to zero fees ($1.99 for 7 Days / $6.99 for 30 Days / $16.99 for 90 Days). http://us.ebid.net/help_affiliate.php

About eBid.net (http://www.ebid.net)
Founded in the UK in 1999, eBid.net is now a global company with a presence in 23 territories across the UK, Europe, USA and Canada, Africa, Asia, Australasia and South America. With a commitment to person to person online auctions, eBid.net is recognized as the "best eBay alternative" by Webuser Magazine.

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Matt Kalinowski
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