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Overstock.com is trying to give Internet giant eBay a run for its money. The company, which sells other retailers' excess inventories at discounted prices online, is starting its own auction service.

Overstock officials said yesterday they want to offer customers lower fees and a more simple site to use. The company says 15,000 people have already signed up for the service, which was launched almost a week ago. They say that's not a bad start, but admit they're still lag well behind eBay's 114 million user empire.

I have reviewed Overstock Auctions, and seems like customer service will be a significantly important part of their business.  They seem promising and willing to invest in auction business. Also Overstock's traffic numbers are pretty good and overstock.com is within 50 top visited sites on the net. So we will wait and see if they can generate an auction site which will be able to compete with eBay.

Good luck Overstock Auctions and welcome to the market.

Posted on Thursday, September 30, 2004 10:54 AM Auction | Back to top


Comments on this post: Overstock.com Gives eBay Some Competition

# re: Overstock.com Gives eBay Some Competition
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Looks like they are getting support from the comunity as well.
Left by abidia on Jan 31, 2005 12:34 AM

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