Ebid to Rival Ebay?
I have been a member of Ebay for some time mostly selling, but as like a lot of people I have become disallusioned with the escalating fees, but to my own annoyance, had not done anything about it.
I stumbled upon Ebid quite by accident after reading some forums by people maddened by Ebay, so I went to the site and had a quick look around. There are no selling fees, no final value fees in some cases but if you do have to pay, the most is 3% compared to ebays 10%.
Registration was very simple compared to Ebay who nearly want your blood group before you can sign up. I also signed up for PPPay.com which is ebid's official payment partner. You can also use your PayPal account if you have one.
Now, you do have to pay a charge if you want to become a seller, but there are five options so you can manage it even on the tightest of budgets.
- 7 days €1.99
- 30 days €6.99
- 90 days €16.99
- 365 days €49.99
- Lifetime €74.99 (if you choose this option you will not pay any fees as long as you are a member) They also occasionaly have an offer for €49,99 so watch out for that.
There is also $0.00 fee for a seller but you are very restricted as to what you are able to insert etc., so it is better to choose one payable option and the more days you buy the more you can save. You will make the money back in no time if you can sell your items.
There are no restrictions on how many Designer labels you can list either unlike Ebay where I was restricted to 10 a month.
You can also import all your listings from Ebay or any other online marketplace by using Ebid Ninja Lister though how hard or easy this is I do not know but there is a step by step guide in the FAQ's section.
I decided to just to go for the €1.99 option to start with, list a few items and see how things go. When you go to the "create Listing" page it is very straightforward, very similar to ebay, except you can only submit five photographs but i found that completely adequate. You also have the option of putting in a Reserve Price and a Buy It Now price at no extra charge. Ebay charges 30c for placing a Buy It Now price. I found uploading photographs a lot quicker than Ebay but you have to make sure that the photograph you want as the Gallery picture is uploaded last. I found this out the hard way when I listed my first item which happened to be a skirt and the Gallery picture was of the frill at the bottom but that was easily remedied. If you happen to miss any piece of information a little alert comes up when you try to list the item and you can quickly go back and enter details. Editing was a lot faster than Ebay too.
Seemingly bidding wars are very rare on Ebid, so you are better off putting the price you actually want as the auction price and not set a reserve because apparently buyers are put off when they see a low starting price and then when they go to bid it says "reserve not met". (found this out in the forums)
After I had listed my first item I went on to the forum and left a thread, explaining that I was new to Ebid and would anybody mind taking a look at the listing just to see if it was up to scratch. I got a few replies and I found them of great help so I think that is well worth a shot if you are deciding to become a seller.
Your summary page is nicely laid out with your picture, title, prices etc. The only thing it doesn't show is if anybody is watching your item which I think is needed. It is nice to know if somebody is actually interested in the item you are selling and that it might actually sell at the end of the auction.
The only thing that is a big negative is that they are not advertising themselves. People are coming across the site purely by accident so it is left to the sellers to try to drive people to the site to view their items by leaving links on websites and blogs etc. In saying that, maybe that is the whole idea as far as they are concerned, why pay for advertising when you know your sellers are going to do it for you? Now isn't that a thought.
They also have an "Ebid Buddy Points" program which is like a loyalty card system You earn points for referring family, friends etc., purchasing a Buy It Now item and a few other actions. You can then use these points to bid on the "Buddy Auctions" which have things like coffee machines, digital cameras, nintendo wii and even plasma TV's
I have yet to buy anything on Ebid but I think I will just buy something small just so I know the process of checkout etc.
All in all I think it is a very good site and with time and patience could come close to rivalling Ebay. All it needs are people and as far as I can see a lot are abandoning Ebay and looking for alternatives. Gone are the days when the little sellers ruled on Ebay, it is purely on the side of the buyers now and the big Power Sellers. They seem to forget that it was the little seller that got them as big as they are now.
Sorry, couldn't resist having an Ebay moan:-)
Don't forget to keep checking back as I will be adding my experiences and any other info I obtain as I continue on my Ebid journey.
Please don't hesitate to leave a comment and maybe share your experience with Ebid. Every little bit of information and advice is always welcome.
If you want to go and have a look around for yourself please click link:-