If you’re selling products online as your home-based business, chances are you’ve sold one or two things on eBay. Have you ever considered other auction sites? A while back, I posted about Yahoo! Auctions (with no fees at all!). One of the other major competitors in the auction market (even though eBay is the 800 pound gorilla) is Overstock Auctions.
While they don’t have free auctions like Yahoo! does, their fee structure is noticeably lower than eBay’s. Here is a fee table for all the major auction sites. Overstock also tries to ‘one-up’ eBay on features whenever possible. After all, when you’re trying to fell an 800 pound gorilla, it may take a lot of minor jabs, right?
For example, they recently introduced ‘O-Gallery’, which shows buyers the other items a seller is offering (eBay has had this for years). But it also has built-in tracking. So when a buyer clicks on one of the other auctions and buys on that auction, the seller will be able to tell which auction he/she came from. It’s small innovations like these that make sellers sit up and take notice of Overstock.
I don’t have much experience selling on Overstock Auctions, but I will be doing a few test auctions there. If you have experience on Overstock Auctions, please feel free to post a comment and let everyone know how it’s going.