Written by Babar Beacon
⊂ Updated: 05/03/2019 ⊃
(words:3100 Pages:7 It can take 10-15 minutes reading, about the review of top 15 online auction sites)
You can find good deals through the fun of bidding but it requires you to be more smart than straight “buy it now” shopping. All online auction sites share almost the same primary function but unique features, convenience, support and categories of listings.
Wellbid is a penny auction website operated by Welmory Limited, incorporated in Cyprus. Its slogan is entertainment shipping, as an exciting alternative to typical online shopping or penny auctions
They make it fun for buyers to offer bid and grab deals on Wellbid in a very interesting form of competition among buyers. You can freely become verified member and enjoy deals upto 90 percent off.
You can trade and buy every kind of merchandise and services here in a very safe transaction environment. Wellbid offers auctions in two ways; Beginner auctions and buy it auction. Beginner auctions are open for all who login the Wellbid whereas in buy it auction, the buyer can buy the auction item on listed price, bid price will be refunded. Let’s have a look at highlights of Wellbid.
The iOffer is a San Francisco based auction website, launched in May 2002, with over one million users and 100 million listed items.
It is a globalmarket place that operates in a different model of buying and selling; negotiated trading model. The model they call is better than the penny auction system. A transaction is done on the completion of trading negotiation between buyer and seller using the channel of iOffer.
Come to highlights.
All buyers pay for each bid they are offering but only final bidder wins the deal. All the participants then offered the same item to buy on listed price
The deals dash is another renowned online auction site which operates under the same model of penny auction but with different features.
All buyers pay for each bid they are offering but only final bidder wins the deal. All the participants then offered the same item to buy on listed price.
Deal dash restrictions and sophisticated control systems make it different from other auction sites. Arbitrators and re-sellers are not allowed. They strive to provide equal opportunities for all participants using many monitoring tools.
Here are highlights:
The Propertyroom is an online auction site which specialized in offering services to law enforcement agencies and municipalities in helping auction their abandoned, stolen, seized or surplus items
You can find thousands of items from all categories, offering and closing daily on Propertyroom and can have deals on vehicles, jewelry, and electronics upto 90 percent off retail price.
Check the highlight points:
The Govdeals works just like Propertyroom but more specific and customized.
It provides online auction services to government agencies under their own auctions rules and regulation.
Everyone can participate and offer a bid on thousands of seized and found items. All transactions are secured by Govdeals and follow the instructions of government ordinance.
Regular visit and fun can get you an amazing deal and you can access it worldwide, USA and Canada.
An amazing website, very simple & easy to use that offers free auctions at all with over 300,000 registered users. No fees of listing and no percentage of final prices and even no fee for setting up store
Yes, it is all free to sell on Webstore auctions. And from where they finance the site? advertisements & donations. No fees mean low prices for buyers too. So you can find best deals at Webstore on almost everything. The donations bring sellers incentives which help greatly to boost their auctions.
The eCrater, launched in 2004, is more than an auction site. It offers an open platform to setup an online store and sells products worldwide.
There are millions of products that can bring you the best deal. All listings are incorporated with Google shopping and it makes easy for sellers to import for eBay and other e-commerce stores.
Listia is an online marketplace to trade your extras, unused and spare items for Listia credits that you can use to buy brand new or used items listed by other sellers.
The money is Listia credits for buyers and sellers to transact a trade.
It is an amazing platform to give away your spare belongings and items of all kind to earn Listia credit and to ultimately buy good deals of items you have on your wish list.
It is a best place for savvy shopper to practice Promolily savvy rule number 25; that is about to factor the budget for new items selling your unused property.
It’s free to become member and enlist items such as wardrobe orphans. The selling of these items will earn you Listia credits in your account balance. Now you can spend the Listia credits to bid and buy items listed by other sellers.
So this system makes Listia the pure community market place. Sometimes it is called the online community channel to exchange products. You can use the web or mobile app to transact trade here. Interesting to check.
There are many ways offered on Listia to earn credits; as you simply signup, you earn 1000 credit points, 1000 credits on listing first item and 50000 huge credit on inviting one of your friends on Listia. So it’s fun that earns.
Ubid is a famous online auction site that also offers buy it now items on fixed price. It offers its own products and third party sellers, through Ubid-certified merchant accounts
You can find best deals on everything from brand new to pre-owned and refurbished. The consumer electronics, home goods, jewelry, and cell phone are the main categories of Ubid.
It is a renowned marketplace especially for new sellers and entrepreneurs who venture in online business. They call it the market for entrepreneurs by entrepreneurs
You can maintain an e-commerce store using Bonanza platform because it offers many tools and features to make it easy and convenient for sellers to manage an e-store.
Bonanza provides best support to set a store and sell because if their seller sells they do make money. So approach at Bonanza is purely seller-centric. You can do savvy shopping over Bonanza and save handsome bucks.
OLA motto was a simple & inexpensive marketplace for sellers and buyers; valued customer.
Online Auction is a site to sell and buy with affordability and simplicity. It provides a customer-centric approach to make it both process easy for sellers as well as for buyers. It offers a safe and inexpensive channel of communication between both parties. The customer service is a key to transact over OLA.
With over 200000 users, Atomic Mall is another growing penny auction site which offers a credible source of communications between buyers and sellers
Sellers are charged with a small membership fee and a percentage of final value of auction. And buyers are free to snatch best deals over Atomic Mall. They have good control and monitoring system to avoid nonserious users. So it is more safe and trustworthy to transact there.
Buyer can enjoy best deals and make payment using the safe payment methods; PPPay, Paypal, skrill are integrated.
The famous online penny auction website was founded in 1998 and currently it operates worldwide. According to Alexa Ranking, it enjoys over 15 million new customers yearly and has over 8 million page impression monthly. Sellers are free to enlist basic auction and when done, eBid charges zero or a small percentage of final value.
A smart and efficient commerce solution. If you are looking for a convenient place to buy commercial inventory and government surplus merchandises in bulk size deals on best rates, then liquidation is best place.
It operates over 200 countries worldwide and over $7 billion completed transaction. The items can be brand new to customer-returned and payback. Liquidation enlists wide variety of over 500 product categories; apparel to electronics, housewares, furniture & fixture to vehicles and industrial inventories.
The liquidation is a big company and provides very latest online selling feature to facilitate the seller as well as buyers. If you are looking for commercial inventory to use in business then bother it, you can find best deals to boost profit margin.
The eBay is number one online auction website in the world and its name is used as an alternative word for auctions in the market. Promolily curated 5 detailed articles on eBay which you can read in text format or watch videos.
And what is your favorite site to find best deals and sell stuff? Make you valued contribution in the comments…
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