eBid Sales Up 38%..Updates Seller on Google Shopping!

[iwiw60]

We're Featured in eCommerceBytes Newsletter...AGAIN!!


eBid Sales up 38 Percent, Updates Sellers on Google Shopping
By Ina Steiner
EcommerceBytes.com
November 05, 2012

eBid had a good month despite significant changes at Google that are impacting all online merchants - a spokesperson told EcommerceBytes that October sales were up 22% compared to the previous month, and were up 38% year-over-year.

The auction site is now paying for all traffic coming from Google Shopping since the search giant has eliminated free Google Product Search in the U.S. and moved to a paid advertising model. (eBid is headquartered in Europe but has exposure in over 100 countries, including the U.S.)

eBid said it has 5.4 million live listings and said October has been a "significant" month from a selling point of view. "Whereas before now any clicks from Google Shopping to your items were free for us, now they are paid for by us," it told users in a recent newsletter. "Other marketplaces will start to charge you for this traffic but on eBid your uploads to Google Shopping will always be at no extra cost."

eBid also announced it was instituting a new policy in which it will remove old listings from the site. Many marketplaces struggle with the problem of multi-channel sellers who don't update inventory when it sells out on another site. eBid said listings would now auto-close when there has been no activity on the seller's account for 60 days - it had originally been set to 150 days. Buyers will also now be able to see when the last time a seller logged in.

eBid also told users that the addition of Skrill (Moneybookers) as a payment option was going well, with tens of thousands of listings now accepting the payment method.

Finally, it had some news for international shoppers. Buyers can now purchase from members in Brazil, South Africa and Malaysia using US dollars. "Prior, due to currency restrictions in these countries, it was a little frustrating for buyers in general. We have solved the issue and streamlined the process so making it easier to buy from Brazil, Malaysia and South Africa," eBid said.

[kreativebargains]

An excellent article that really puts some positive messages across. With luck it will attract some genuine sellers to make up for the dump and runs that have been removed.

[iwiw60]

Yes...eBid is definitely "on their way" to becoming the number one online selling site...go eBid!

[Mimistreasures2010]

Hurray for ebid. We all picked the right road to travel down. Go us.

[mjs1859]

Exciting news, I certainly have started to see more activity. Thanks for the updates.

[suesjools]

Excellent news! WTG eBid!!!

Best wishes for many sales to all,

[Juliebabe25]

Yes Ina's site is a bit anti ebay, so the boys should keep up the publicity machine there.

Hopefully more ebay sellers will move over to ebid as a result.

[Juliebabe25]

I just wish that ebid would publish monthly sales figures in number and dollar value.
That way we don't get brain washed by vague percentage increases on last month or last year.

[purplestevie]

quote

The auction site is now paying for all traffic coming from Google Shopping since the search giant has eliminated free Google Product Search in the U.S. and moved to a paid advertising model. (eBid is headquartered in Europe but has exposure in over 100 countries, including the U.S.)

What will happen when ebid decides they can no longer pay for the above?

[kreativebargains]

quote

The auction site is now paying for all traffic coming from Google Shopping since the search giant has eliminated free Google Product Search in the U.S. and moved to a paid advertising model. (eBid is headquartered in Europe but has exposure in over 100 countries, including the U.S.)

What will happen when ebid decides they can no longer pay for the above?

Hopefully the increased sales will compensate for the cost. but this cost will increase when Google implements the policy in other countries, and as eBid is bigger in the UK at the moment the cost may start to become an issue. I hope that the boys have got it covered as this may give eBid the advantage over the over alts that will make a big difference.

As for the article, this is the type of news that should be put out at every opportunity, prospective sellers want to know that they can make sales, and news like this might be what convinces them. My one concern with the figures is the year on year increase. What was the accompanying increase in listings? If it was a similar percentage then that could account for much of the increased sales. The October figure though is superb, especially as this is after the large drop in listings due to the removal of the dump and runs. Another double digit increase in November would really confirm that eBid has moved up a gear and is well on the way to where we all want it to be.