I'm also quite surprised ebid hasn't had much publicity considering how long it has been around. Being located in the UK, I'd thought that ebid would've taken a good chuck of foreign (non-US) sellers/buyers around the late 90s/early 00s but that doesn't seem to be the case. Ebay went public around the same time ebid started and it seems during that time, ebay just took a large percentage of domestic and intentional sellers/buyers.
Perhaps ebay just had better marketing? Anywho. *searches for an ebay documentary*
I was not into online selling in those days, and of course I'm out here in the colonies so not up with everything.
But I do know that ebay featured in lots of US comedy shows - Eg "I bought that on ebay"
Also I have seen some of the tv ads they ran (they are all on Youtube), and much as I hate to say it, they are quite good eg ads to the music of
Frank Sinatra - I did it e-bay.
George Benson - On ebay.
Dean Martin - Its on ebay.
I wonder if ebay raised a lot of capital at the start which is now their main problem. (having to keep shareholders happy every quarter)
Ebid have remained under the same two guys since they started.
HI SWATOP56 im in same situation as you my sales are around 10k a month on bay, i have joined ebid today and and just paid the £50 for life time members ship, from what i can see you cant loose never costs you to list anything 2% max fees if you sell a item they have already got a large customer base its like having your own web site really and you want get one of them at £50, you are bound to get some sales over time and £50 is nothing to be able to advertise your items for life you just cant loose,
I think, when G&M started out, eBid was to be the UK eBay. Unfortunately, before eBid could launch eBay launched in the UK. eBay being already a 'name' and getting masses of free advertising from the media and internet, eBid was left standing and never really had a hope of taking them on. A two man organisation against a mega-business. eBid seems to have settled on slow and steady growth - keeping within their budget. There must have been some sense in that as they are still here when other startups have gone to the wall. I think it is the better site for sellers (and buyers) but, sadly, eBay's grip on the market does not seem to diminish - despite their own best efforts to alienate their customers. I think a lot of eBay sellers must have masochistic tendencies to put up with the treatment dished out to them. That or simple inertia stops them making the break.
One of the real stumbling blocks to eBid really taking off is the difference in traffic between the two sites. It is a chicken/egg situation. To get the buyers you need the sellers offering the range of goods to attract them. Most sellers are not willing to wait for the site to build though. When they don't immediately get the sell through rate they are used to on the higher traffic site they go back to take the abuse again. If sellers want a real alternative to eBay then they have to play their part in helping build it. eBid could advertise non-stop, but if the buyers can't find the goods they want being offered by sellers when they get here then no amount of advertising would make any difference.
Last edited by astral276; 19th March 2011 at 02:03 AM. Reason: Substituted 'inertia' for 'lethargy'.
Ginny [florida33549]
Click here for my collectibles store or Click here for my jewelry store.
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Great Post Astral276
We had the exact opposite here in New Zealand.
A local computer guy Sam Morgan says he had the idea for a place to buy and sell stuff, he got some money from his Dad and set up Tradme.
It took off quite well and Trademe became a household name.
Then ebay came to New Zealand but they did not get established as Trademe had the market.
And they still do.
Two years ago he sold Trademe to an Australian corporate for $750 million dollars!
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