eBid.net is a new website that promises people a platform in which to sell goods and products in an auction format to people who are looking for unique or quality goods at an excellent price.
How Does It Work?
eBid works very similarly to other auction websites like eBay. People are welcome to come to the website and register as a Seller and begin listing their goods or products that they would like to auction off to Buyers.
Their website says that they offer more than 13,000 different categories for the items that are listed on their site, including choices like Antiques, Dolls & Bears, Electronics, Jewelry & Watches, Crafts, Video & Computer Gaming, and much more.
Each listed product will have a minimum bid price, which is the price at which bidding will begin, as well as a reserve price, which is the minimum price the bidding must reach in order for the auction to reach completion.
Sellers can also provide their Buyers with a BuyNow option, which will be above both the minimum bid price and the reserve price, and gives Buyers the chance to simply click the BuyNow option to immediately end the auction and guarantee the sale of the item to the Buyer who is willing to pay that price.
At this time, eBid.net does offer their customers a mobile app on iOS and Android in which to monitor and participate any auctions in which they are involved in.
Obviously on an auction website the Sellers have control over the prices they set but the Buyers have the ultimate control over the price they are willing to pay. But it is free to set up both a Buyer and a Seller account on this website.
There are two different types of Sellers on this website, however. The first is their casual Seller, which is a free account and allows you to list your items for free, but will charge their Sellers a Final Value Fee of 3%.
Their Seller+ account is for people who sell a much larger volume of items on the website. It has an upgrade fee dependent on the amount of time you want your account to be upgraded. The period of time you can upgrade your account begins at 7 days for $1.99, 30 days for $6.99, 90 days for $16.99, 365 days for $54.99, or a Lifetime upgrade for $99.98. This upgrade allows you list all items for free and to never be charged a Final Value Fee.
Because this is not a traditional retail website, they do not offer a traditional Refund Policy. The website does have protection policies in place if a Buyer fails to pay the Seller the money they owe them, in that Final Value Fees can be refunded, but it doesn’t have much to say about refunds given to Buyers who are unhappy with what they receive.
However, this website does provide both Buyers and Sellers with the ability to provide feedback on their website about the actions of the people they have worked with on the site, and whether or not they had a good or bad experience, so other eBid.net members have an idea of what to expect when dealing with either that Buyer or Seller.
Customer Service Contact Info
Customers who would like to speak to their Customer Service team about their questions, concerns, or complaints can do so by clicking on their Help link and then on their Contact Us link, where you will be able to submit them.
In general, most people are concerned with how this website compares the gold standard of auction websites, eBay.
If you look for articles or reviews by people who work with both of these auction sites, you’ll see a variety of differences discussed, though by far it appears as though the most commonly discussed difference between the two are the fees they charge to their Sellers.
Most people said that eBay charged their Sellers significantly more fees than eBid did, making eBid a more attractive auction site in that regard. However, it was pointed out by some reviewers that eBay still gets more visitors and is able to generate more interest in the items available for auction, especially in certain categories. Because of this is, it is difficult to determine a clear winner between the two.
Competitors and Alternatives?
As mentioned above, people are generally concerned with how this company compares to eBay, but certainly there are many different auction websites out there, like UBid, BigValueDepot.com, Proxibid.com, and many others.
If you have experience with this company or their products, please leave your eBid.net reviews below.