eBid

From Wikipedia, the free encyclopedia
Jump to: navigation, search
eBid Ltd.
Type Private
Industry Online marketplace
Founded London, England UK (1998)
Headquarters Surrey, England UK
Key people Gary Sewell & Mark Wilkinson, Co-founders
Products Online auction hosting, Electronic commerce, PPPay]
Website www.ebid.net

eBid is an online auction website founded in December 1998. eBid operates in twenty-three countries where it allows sellers, United Kingdom, United States of America, Canada, Australia, Ireland, Belgium, Austria, Italy, France, Germany, Spain, Netherlands, Denmark, Hong Kong, India, Norway, New Zealand, Portugal, Sweden, Singapore, South Africa, Brazil, Malaysia and lists to buyers in over 100 Countries. eBid uses its own online payment service PPPay[1] to allow for buyers and sellers to pay each other in Euros and Pounds Sterling, although members are not restricted to using this form of payment: Paypal and Skrill (Moneybookers) are also accepted payment methods.

Listing a basic auction on eBid is free and a zero or small percentage final value fee is paid on selling your item.

The domain ebid.net has 8 million page impressions a month and attracts around 60,000 visitors a day (15m unique visitors yearly) alexa.com ranking.[2]

Currently eBid has three membership levels available for new members, Buyer (free) buyer only, Seller (free but requires credit/debit card verification) occasional seller, final value fees are 3%, Seller Plus+ subscription based membership aimed at professional sellers with a recurring fee, payable every 7,30,90 or 365 days, OR a one off lifetime payment (currently £99.99 or £49.99 if taken within first 24 hours of joining). Seller Plus+ members can open up to 5 shops free. For a basic auction Seller Plus+ members pay no fee, for a gallery one they pay 2% fvf. Options like BIN only auctions & Run until Sold, are also available for free.

Buddy Points

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 items from eBid t-shirts, hats and golf umbrellas to cameras, monitors, kindles and household electrical items.

Methods of Earning Buddy Points: •Referring a Buddy 1.00 points •Your Buddies Upgrading to SELLER 2.00 points •Your Buddies Upgrading to SELLER+ 5.00 points •You Making a Bid Meeting Reserve 0.50% of reserve price (max 5.00 points) •You Winning by Bidding 1.00% of final bid (max 5.00 points) •You Purchasing Using BuyNow 1.00% of BuyNow price (max 5.00 points) •You Gaining Positive Feedback 0.50% of final bid OR BuyNow price (max 5.00 points)

Auctions[edit]

Auto-extend Auctions[edit]

If the seller has this turned on it will extend the length of the auction by 60 seconds if there is a bid within the final 60 seconds of the auction. This option is only available to Seller Plus+ users.

Featured Auction[edit]

If the seller selects this method then the item will be at the top of the relevant section for 30 days. Featured listings cost from zero to 1.00 in your local currency, however the final value fee is zero

Gallery Auction[edit]

Gallery auctions are only for seller + status. The listing of Gallery auctions is free, they get a thumbnail and up to 5 free pictures. When a Gallery auction is successful then a 2% final value fee is incurred. Gallery auction is the most popular auction type. Gallery auctions can have a run time of 3+ days

Free Auctions[edit]

The listing of free auctions is totally free, but Basic Sellers do not get a picture thumbnail on the results page, but you still get up to 5 free pictures. If a free auction sells then it incurs a 3% final Value Fee. Free auctions can have a run time of 3+ days

Platinum Auctions[edit]

Platinum auctions are only for seller status. There is a listing fee of £0.05 or 0.05 in local currency normally. The platinum auction gets you a thumbnail picture and if it sells you pay a final value fee of 3%. Again platinum auctions can have a run time of 3+ days. These listings can be set to Auto Repost up to 10 times.

Gallery Auction[edit]

Gallery auctions are only for seller+ status. There is no listing fee for standard auctions, but unlike the free auction above, a gallery picture is shown in the results. If a standard auction is successful then a final value fee of 2% is charged. Run time of standard auctions is 3+ days. As with the Platinum Listing, these listings can be set to Auto Repost up to 10 times.

Run Until Sold[edit]

A "Run Until Sold" auction is one where the item is listed until it is sold. This type of auction appears near to the bottom of the search results. This type of auction does not have a countdown time. These listings show at the bottom of Search Results, so careful thought should be take when using this type of listing.

On first bid[edit]

On first bid auctions only start after the first bid has been placed, with a minimum duration of 3 days.

References[edit]

External links[edit]