Australian online auction upstart takes on eBay
The site offers all the powerful features of a major online
auction website with two significant differences - it is 100%
free to buy, sell or trade items, and, it is 100% Australian
owned.
2Bid.com.au was started by local businessman Adam Mulcahy who
became frustrated with seeing foreign companies collecting huge
amounts of money in fees for Australians to trade with other
Australians.
"I find it absurd that Aussies are trading direct with each
other yet paying fees to overseas companies for the privilege! I
started this online auction website 2Bid.com.au so that Aussies
could trade with Aussies completely FREE and not lose money
overseas with every transaction."
With 2Bid.com.au it costs nothing to buy, sell, auction, swap or
create an online store - there are no commissions, no listing
fees and no sales fees. This means 2Bid.com.au has no need to
collect members' credit card details making it a safe option for
people wary of submitting their credit card details online.
Even with a majority 72% of Australian households having
internet connections and 59% of internet users performing
buying/selling activities (ACNielsen, 2005), there are still
concerns about security and fraud. 2Bid.com.au addresses this
issue directly and has opened up online selling to a whole new
group of Australians.
Also, because the auction website is only open to Australians it
lowers the chance of fraud from overseas users and removes the
complexity of international currency and delivery.
"We're taking the global guys on at their own game using the
internet to let Aussies trade with Aussies without a slice of
revenue going overseas" said Mulcahy.
2Bid.com.au first opened on 10 November 2005 and has since had
6,797 visitors and 2,435 auctions created by its 185 active
members. Having established it as a proven concept with secure
and efficient services, 2Bid.com.au is now launching to the
mainstream Australian market.
About the author:
Australian businessman Adam Mulcahy started 2Bid.com.au after
becoming frustrated with seeing foreign companies collecting
huge amounts of money in fees for Australians to trade with
other Australians.