Member Focus Fuels Surge for Online Auction Alternative: eBid.net

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Online auction industry leader, eBid tops a record breaking 4 million live auctions coupled with an ongoing rush of new buyers and sellers.

ebid, auctions,online auctions, ebay alternative, online marketplace

Over 4 million live auctions, over 10,000 categories and no listing fees.

At eBid, member-driven innovation is not a one-time event, or a slogan. It’s a culture. It’s a commitment. It’s what we do.

With a projected annual growth of nearly 8% in 2011, the e-commerce and online auction industry seems to be defying the current global economic downturn. Perhaps it’s Cyber-Convenience? Industry pioneer eBid.net today announced that it has surged past the 4 million mark in live auctions; further solidifying it’s position among the elite alternative online marketplaces.

“Everything we do has a reason behind it. When looking for ways to improve the eBid experience we have a long-standing commitment to listening to our members because we realize that if we don’t take care of our members, someone else will. At eBid, member-driven innovation is not a one-time event, or a slogan. It’s a culture. It’s a commitment. It’s what we do ,” said eBid Co-Founder Gary Sewell.

In addition to this record-breaking number, eBid has seen a 111% growth in new buyers and sellers who have become members during the first quarter of 2011. In fact, March and April of 2011 have proven to be the busiest months in terms of sales, up over 75% compared to the same period in 2010. This continued, significant surge in membership growth is largely due to the pervasive dissatisfaction with other online marketplaces. For example, eBay’s well-documented slow transition away from its core auction format has triggered nothing short of a mass revolt among its most prolific sellers seeking friendlier waters. The long-standing eBid model, which is extremely buyer and seller-friendly, with an attractive fee structure allowing free listing and sales fees of between just 0% and 3%, seems to be the safe harbor these online auction enthusiasts have been looking for.

New members, to listed items, to record sales, industry insiders believe this landmark growth for the eBay alternative can also be attributed to eBid’s ongoing commitment to member-driven innovation. Fresh off of the largest update initiative in the company’s history, eBid.net co-founder Mark Wilkinson comments, “We are fortunate to have such an engaged membership and a real sense of community, and we thank each and every one of them for helping to make eBid what it is today.”

Highlights of the 37 member-focused updates include the convenience of eBay, Amazon, and Etsy items now importable to eBid allowing members the freedom to enjoy eBid's great value fee structure without the hassle of re-writing all their product information and pricing again.

About eBid.net (http://www.ebid.net)
Founded in 1999, eBid.net is a global company with shopping facilities available to buyers worldwide and buying and selling facilities available to residents of 21 territories across 6 continents including USA, Canada, UK, Germany, France and Spain. With a commitment to person-to-person and business-to-person online auctions and fixed price ‘BuyNow’ listings, eBid operates in 7 currencies in a truly global marketplace.

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