Gary Sewell
London (UK)
Role(s):
eBid Ltd
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Startup
Location:
London
Industry:
Internet
Description:
eBid is the UKs second most popular online auction marketplace and has grown on an even keel since 1999.
Together with (URL removed) we offer the only alternative auction and payment combination to eBay and PayPal. PPPay is registered as an e-Money issure with the FSA in London.
THe auction, support and payment software has been tweeked and perfected over the past 6 years through our own experience.
The USP we see is the pricing structure. Users can join for free and post auctions for free without listing fees, undercutting eBay immediately. Then a final value fee of 2% also undercuts eBay. eBid has also created the concept of subscriptions into online auction selling. Users can purchase 7, 30, 90, 365 day and lifetime subscriptions allowing them to post auctions with zero posting an