Online Action sites such as eBid have been growing from strength to strength
Online auction businesses such as our very own eBid, have been growing from strength to strength over the last few years. According to research undertaken by Anything Research.com, online auctioning is projected to grow even further over the coming few years and beyond.
Perhaps the main reason for this growth is the advantage that shopping on eBid brings to you, the customer. By doing away with the limits of traditional store retailing, such as location, opening hours and costs, sellers here on eBid can offer a massive range of products at any hour of the day, delivered directly to your home – you don’t even need to step outside the front door. In an ever-busy world of work, it’s not hard to realize the convenience of shopping at your fingertips when, and where, you want. And it’s all about opportunity too. For want-to-be sellers and shiny new entrepreneurs, barriers to entry into business through online auctions are low – this means it’s easy for anyone to get started.
USP
The thrill and excitement of the online auction bidding process has to be the ultimate Unique Selling Proposition; the thing that makes shopping in this way so much fun. Bidding against other users, watching the item you want, the prospect of a real bargain, or a totally unique piece just seconds away from being in your grasp is utterly compelling. That feeling when you have won and beaten all other bidders is one that is really hard to top.
What makes eBid stand out from our competitors is our ability to combine the thrill of the online auction with social networking. We really are a global community of like-minded folk; collectors, entrepreneurs, and savvy shoppers all looking for the best price – the ultimate in expert connections.
Person to person or Business to Person
Whether you’re shopping for a one-off from an individual seller, or buying from an established business, online auctions are growing at a massive pace. According to Forbes, the Annual Revenue Growth figure between 2011 and 2016, is 9.6%. Meaning that now is a great time both to buy and to sell.
Furthermore, according to the
Wall Street Journal even the traditional auction house business is succumbing to the charms of the online arena. According to one article, “Many auction rooms are sparsely attended these days despite widespread interest in the items being sold, with most bids coming in online.”
All of this means that the new model of the online auction site is almost re-writing traditional business practices.
So, think about, shopping here with us at eBid is a great opportunity just as much as is selling with us. How about a clear out this weekend then? Start small, aim high!
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