eBid Saving Sellers Thousands of Dollars Compared to eBay

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With Low Final Value Fees and Zero Insertion Fees, eBay Users are Migrating to the World's #2 Online Auction Site, eBid

Once you compare our fees to 'the other auction site' it becomes clear that eBid is a better alternative for anyone looking to really make a living, or at least a fair income, with online auctions.

In the online auction world, sometimes the warning is "Caveat Venditor" (Seller Beware). While most people still think of eBay first when considering buying or selling online, eBay's prime competitor eBid (http://www.ebid.net) - which boasts over 6 Million daily listings, representing a $6.3 Billion marketplace - has been aggressively competing for sellers' business, in particular high-volume and fixed-price sellers which account for the bulk of global online sales. Because of the substantial fees that eBay applies, it can cost over $250 (depending on the final sales price) for a single sale on eBay, and when adding in monthly subscription prices for virtual storefronts (which range from $15.95 - $299.95 on eBay), it leaves minimal profit for the effort of selling. It's no wonder why so many veteran eBay sellers have been migrating to eBid, the "global eBay alternative".

The complete schematic of eBay fees can be complicated to understand, and depends on factors such as whether the listing is auction-style or fixed-price, whether there's a "Buy Now" option, what category the item is listed under and in how many categories. It's not unusual for a seller hoping to make some quick cash on eBay to realize after the auction has closed that they're not getting nearly the profit they'd hoped for. This is why eBid has simplified the fee system and made it more transparent. The difference begins with the first click. While eBay charges an "insertion fee" ranging from $.10 - $2 depending on different factors (with an allotment of 50 free per month for auction-style listings excluding certain categories), eBid charges ZERO insertion fees. Then there's the "final value" fees: eBay charges a final value fee of 9% (up to $250) of the sales price for auction-style listings, and a range of 7% to more than 13% on fixed-price sales depending on the item category and final sales price. eBid's final value fees range from 0% to a max of only 3%, period. Transactions on eBid may be completed using multiple, secure payment systems, either PPPay.com, Google Wallet, PayPal, and eBid has recently added Skrill (Moneybookers) for a full range of options. eBid even offers the option of upgrading to "Seller+" status where a $49.49 payment gives the seller a lifetime of zero insertion fees and zero final value fees. eBid also makes it easy for sellers to migrate with its "Ninja Lister" app which will import existing eBay listings into eBid.

Mark Wilkinson, co-founder of eBid said, "Once you compare our fees to 'the other auction site' it becomes clear that eBid is a better alternative for anyone looking to really make a living, or at least a fair income, with online auctions. Our Seller+ upgrade is a great value for anyone considering a storefront, and with traffic from around the globe, it's a good bet that your item will sell and it's a sure-thing that you will make more money selling it."

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 the "Make An Offer" button and "Multiple Item Checkout" as well as a generous affiliate program and territorial expansion this year into Malaysia and Brazil (to a total of 23 territories, across more than 100 countries and five continents) have all combined to propel eBid into this top bracket.

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).

More information on eBid's affiliate program is available here - http://forums.ebid.net/showthread.php?154814-eBid-Affiliate-Program-News

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.

Sources:
Auction Site Stats (http://www.powersellersunite.com/auctionsitewatch.php)
eBay Seller Fees (http://pages.ebay.com/help/sell/storefees.html)
eBay Insertion Fees (http://pages.ebay.com/help/sell/insertion-fee.html)

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Matt Kalinowski
eBid, Ltd.
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