Bonanzle Standing Out Among eBay Competitors

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129 commentsThursday, September 17, 2009

Bonanzle Standing Out Among eBay Competitors

Company Approaching Milestones After a Year

By Chris Crum

Bonanzle has been around for a year now (out of beta). We've been watching it grow for the better part of this year at least.

Now the company says it is quickly approaching several milestones. Co-founder Mark Dorsey tell WebProNews that Bonanzle is just days away from welcoming its 100,000th registered user, for one.

According to the site Power Sellers Unite, Bonanzle is a little over 100,000 listings away from becoming the top alternative to eBay. Right now, it is only behind eBid, and of course eBay itself.

eBay appears to even be recognizing Bonanzle as legitimate competition. A new survey from the company asked participants which other websites they use to sell items, and it listed Amazon Marketplace, Overstock, Craigslist, personal website/online store, and Bonanzle.

Bonanzle is currently developing an API that will allow third party developers to develop tools to enhance users' Bonanzle experience. This is expected to launch by the end of September. Bonanzle also recently launched an affiliate program called the "Syndicated Seller" program.

Bonanzle previously told WebProNews that it doesn't really focus on competing with eBay. They said this competition was something that was probably paid more attention to by users than themselves.

News Tags: Online Auctions, ecommerce, eBay, Online Retail, bonanzle, mark dorsey

About the author:
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Twitter: @CCrum237

By Guest (WPN reader) - Tue, 09/08/2009 - 20:44

I am a seller on bonanzle

I am a seller on bonanzle and what you see is not always what you get. yes there is almost 100 thousand members but there are many inactive ones, and many sellers that have asked for there booth to be closed completly and support will not close them because of the number of sellers will decrease. There are many items that are just imported and dumped and fakes and other things but they will not get removed because of the numbers.

so if they cleaned house over there then the numbers would drastically be reduced.

One other thing that i find distrubing is that the feed back over there is manipulated. If someone gets a bad feedback they wine to the forums or support and say they did nothing wrong and the buyers feed back gets removed. Tell me how any one else can determine if the buyer had a bad experience or the seller was not up to their expectations.

so never look at the sellers feedback and say oh 100 percent and think nothing can go wrong. they remove feedback all the time.

so the feedback is fake, the listing numbers are not right as they wont remove items that need to be, and the member numbers are not right as they wont remove sellers that ask to be removed or ones that just abandoned the site and never came back.

I like the place only of the socical networking aspect of it, sales are next to nothing but it is a place to go and chit chat.

By Guest (WPN reader) - Tue, 09/08/2009 - 21:14