A Vibrant Community is the Secret to eBidís Decade of Success
New York, February 2009. Doubling listings to 2.4 million over 9,000 categories in only five months since its official US launch in September 08, eBid.net is as committed today to listening and responding to requests from its international membership base as it was ten years ago when starting out.
Co-Founder, Mark Wilkinson believes eBidís longevity steams from building a business model that affords sellers strong profits without the burden of high fees and gives bidders the best bargains to fit their budget. He says: ďThe fundamental premise of our business is to provide an online store for people to sell their unwanted items to either make a living or supplement their income and give savvy shoppers a place to come for the best deals around. Weíve never waivered from that and, by listening to our community and growing with them, we now have an active and vibrant global business built from grass roots users.Ē
eBid offers unlimited free listings and low final value sales fee. For only $49.99, members can upgrade to Seller+ status and enjoy no sales fees ever. Veteran eBid member, HannaHolly, has five stores on the site selling pre owned books; small collectables, militaria; charms and ice skating goods to supplement her income. She says the excellent value of the lifetime membership, the Buddy Loyalty Rewards earned for buying and selling, the ability to influence the direction of the site via forums, the ongoing site developments and Happy Hour Daily Auctions for new and used items such as iPods are some of the key reasons why eBid works for her.
Cultivating an active community was a key element of eBidís business plan back in the early days and, despite its explosive growth, eBidís co-founders remained grounded and in touch with their members communicating on a regular basis and being available 24/7 to answer user questions, discuss business development ideas or simply chat.
This year, eBid is set to invest its 2008 profits into its 2009 marketing and technical enhancements and upgrades. As part of that, a significant proportion will be given to thank buyers and sellers for helping eBid become one of the most popular shopping destinations on the web.
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