Marketplace Overview: eBid

Year established: 1998
Product types: Auction-style listings, general merchandise

Overviewscreenshot_ebid

eBid.net is an online auction website founded in December 1998. eBid has sellers in 23 countries and buyers in over 100 Countries. eBid uses its own online payment service, PPPay, to allow for payment, although Paypal and Skrill (Moneybookers) are also integrated payment methods. Listing a basic auction on eBid is free – the only fees come from final value sales and and a zero or small percentage final value fee is paid on selling your item.  eBid has a Buddy system in place, where members can earn Buddy Points when they buy, sell or enlist new members. These points can then be used in Buddy Auctions to bid on various items.

Pros and cons for online sellers

eBid pros

  • No fees per listing and low fees per sale
  • Many options for store customization
  • Auction-style listings can drive higher revenues for sellers

eBid cons

  • Very little monthly traffic to site
  • No option for store analytics
  • Fees associated with creating featured listings

Selling Tips

There are many different ways to go about selling items online. Here are a couple things to keep in mind when selling items on eBid:

  • Establish yourself and support the eBid community by making a few small purchases. It will show buyers and sellers alike that you’re using the website, and will earn you some feedback.
  • Keep your item titles simple, and elaborate in the item descriptions. Titles with too many words can be cluttered and overwhelming to the buyer. Take advantage of the item description to add details about your item, such as material or color.
  • List as many items as possible. On eBid, you can list and re-list for free, so the more items you have listed, the more opportunity you have to make a sale.

Seller Ratings

Every year, eCommerceBytes conducts a survey of thousands of online sellers. The top marketplaces are rated by their users based on several categories. eBid’s results from 2016 are as follows:

Profitability: 4.3/10
Customer Service: 5/10
Communication: 4.9/10
Ease of Use: 5.1/10
Would Recommend: 4.4/10

Details and features

Refer to the table below to get a sense of the various details and features for sellers on eBid.

SELL ON EBID

logo_ebideBid   Learn More About eBid | Start Selling on eBid
Seller Seller+
eBid Fees and Pricing
Fee per month $0 $99.98 one time
Fee per sale 3% of sale price 0-2% of sale price
Fee per listing $0 $0
Traffic and Online Engagement
UK Site Rank 25,755 (this site is based in the UK)
How many monthly unique visitors? 86.6 thousand
How many unique visits per seller? eBid has declined to provide this data.
What is the site’s bounce rate? 42.2%
What is the daily time spent on the site? 4:51
Store Policies and Customization
Can I customize my storefront? yes1 yes1
Can I offer discounted listings? yes1 yes1
Can I create featured listings? costs around $0.10 per listing costs around $0.10 per listing
Is there a public seller profile? yes1 yes1
Is there public buyer feedback? yes1 yes1
Tools for Sellers
Does the marketplace provide social media tools? yes1 yes1
Does the marketplace provide options for shop analytics? no1 no1
Does the marketplace provide resources for success? yes1 yes1
Marketplace Support
Are there options to promote my listings or booth on the marketplace? yes1 yes1
Is email support available? yes1 yes1
Is phone support available? no1 no1
Is live chat support available? no1 no1
Most similar to: eBay CQout iOffer

SELL ON EBID

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References
1. eBid. “eBid – Buy and Sell Just About Anything.eBid.net. 31 Jan. 2001. Web. 15 June 2015.
2. eBid. “eBid Help Desk – FAQ : Fees & Subscriptions.eBid Help Desk – FAQ : Fees & Subscriptions. 31 Jan. 2001. Web. 15 June 2015.
3. eCommerceBytes.Sellers Choice 2015: Merchants Rate Top Online Marketplaces.Sellers Choice 2015: Merchants Rate Top Online Marketplaces. Web. 10 Dec. 2015.

Last updated on: Jul 12, 2016 @ 11:02 am.