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Should I add eBid to my Sales Channel ?

All I am concerned is to add sales. I have seen the sales doubled when Amazon channel was added. I believe you would add sales if you another channel eBid. Before you start reading through and wasting your time you see what people are saying which is the first thing you should research. However, whether to follow them or your thoughts is obviously your decision. You may make money with this but surely you will not lose any !

I did a quick look at Google insight which shows the level of interest among the population in the UK.

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You can see the interest grows over beginning of the year and slows down end of the year. Similarly, the interest has risen in recent years compared to past which shows there is better awareness regarding this sales channel. There is still question. Why does the interest grows over beginning of the year ? It may not be correct to say there are more unwanted items after Christmas because the interest has grown normally after February. This will be something to tease my mind.

Some Strengths of eBid

  1. 100% free to list which is very appealing and gives you a push to try. Have a look at the eBid Price Comparison Chart
  2. It has got sites in over 21 countries which shows they want to grow
  3. Loyalty system called Buddy points which you can use to bid.It can also be earned by referring your buddies and friend.
  4. You don’t have to start with zero feedback because you can import your eBay Feedback into your eBid account
  5. You can import you ebay listing easily via Ninja lister which saves you quite lot of time
This site has been voted the best eBay alternative by Webuser Magazine, and is third on TopTen Reviews. eBid has invested in server infrastruction, software, advertising and perfecting the site for efficiency and with more advertisement in 2012 it is expectd to grow. Saying tha tit is always best to do your own research before jumping into it. To help you out you can read between the lines of Wholesale forum or Trust Pilot discussion. It is up to you to make judgement !

Payment types

There are quite a few payment methods accepted unlike other sales channel. Having, PayPal and Google as options are strengths and it help to convert consumers used to them. 

  • Paypal
  • Google Checkout
  • Nochex
  • Eggpay
  • PPPay
  • Escrow
  • BACS/Bank Transfer
  • Postal orders
  • Cheque

Cost of eBid

Here’s an important factor for the business. Costing ! We all are hard hit by eBay & Paypal fees. You will eBid fees structure profitable.

There are two seler levels.

SELLER
This is meant for “evening and weekend sellers”. 

Upgrade Fee : £0.00
Auction Listing Fee : £0.00
Auction Final Value Fee : 3%

You will notice that this is tempting offer and you MUST ready this  fees chart to see what you will get out of it. The first thing I have noticed is Paypal and Google Payment are not integrated with this level.

SELLER+
This is meant for business sellers with an upgrade options
Upgrade Fee : 7 Day £1.99 | 30 Day £6.99 | 90 Day £16.99 | 365 Day £49.99 | Lifetime (special offer running) £74.99 
All Fees apart from Lifetime are recurring.
Auction Listing Fee : £0.00
Auction Final Value Fee : £0.00 

First thing I thought “Nothing is free” in this world. Then I noticed this different auction fees chart. There is 2% FVF if you want thumbnail shown in search results and all category listing pages. We all know most of us would go with this option because it is on eBay for free and consumers are used to it. One thing I recommend is keep an eye on subscription offers. They have offered half price lifetime subscription in the past.

I believe by now you have good insight on what eBid can do and probably you have already made a judgement ! Remember there is nothing to lose but always something to gain when you add sales channel to your business. Best of luck !

Testimonial

I have had an eBid account for just over 2 years and I have listed the same     items that I’m selling on eBay.  To be completely honest, the sales are around 10% of my eBay business, but once you register and pay £50 to become a seller plus account, you won’t pay any listing fees at all. You only pay a final value fee when items are sold and that’s only if you have chosen the additional options to promote the items.I must say it’s quite easy to use, because you can export your eBay listings into Turbo lister and then import them into eBid’s Ninja lister and automatically import them.So, although my eBid sales are low, as the listings don’t cost me anything I’m happy to leave them running.David Rose

Rose Computer Solutions



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