Yodabid.com announced today that it is fast becoming the largest privately owned online auction on the internet and sees 1 to 3 percent of all online auction sales coming to them by years end.
July 13, 2003 (PRLEAP.COM) Business News
With the way we are growing in members and listings daily it is very possible for yodabid.com to have 1 to 3 percent of the online auction share by November of this year and to see as much as 6 to 9 percent by the first part of next year, we have been growing in a much larger way than we had projected and this is giving us a nice market share at this time and the new users and listing are growing daily for us at a very good rate, this has helped us to become a major player in the online auction business.We see very good things for the company as far as growth goes over the next few months as more and more people come to know we are here and do whatever it takes to get and keep them here with us to buy and sell their goods on our auction site, this is very important to us and having the best user service in the business will only help us see a larger user base in months and years to come, this with the low listing fees and the no final value fee we offer is fast becoming known all over the internet, we are getting a wide range of listings from web automobiles, Boats, Collectables to web sites and just about everything in between this has taken off better than anyone dreamed it would and it just keeps getting better day after day with every new user and listing.
We have changed the way sellers list their items when using online auction sites and cut the cost of the listing so the small business can now afford to sell using online auction's to market the goods they have to offer, over the past few years the other major online auction sites have been raising the cost of selling using online auctions and have gotten to the point that the small business owner was no longer able to list for the profit was being taken up by the listing fees and final value fees, this has hurt a lot of the small to mid size businesses and we have taken the high cost back out and offer the seller the lowest fees of any major online auction and unlike the small web site auctions we are able to handle all of the sellers listing needs and we have the traffic on our site to meet the sellers needs just like eBay and Yahoo have with the only real deference being we have NO FINAL VALUE FEES and we offer our users real customer support 24 hours a day 7 days a week and work to see each of our users needs are met to ensure the very best selling and buying experience.