Market Overview

Online Auction Site eBid has Given Away Over $20,000 in Goods

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eBid Members Earning Impressive Prizes Like Kindles, Cameras and Nintendo Wii Systems Just For Referring Friends, Placing Bids and Garnering Feedback

Miami, FL (PRWEB) October 30, 2012

Online auction site eBid (http://www.ebid.net) has given away an amazing $20,000 worth of merchandise since the creation of its "Buddy Points" members' reward system. eBid members earn Buddy Points by referring friends and doing normal auction business like placing bids and receiving positive feedback. Accumulated points can be used in Buddy Point auctions to purchase all kinds of great merchandise, from hats and t-shirts to Kindles, cameras and Nintendo Wii gaming systems. Even more impressive, eBid also rewards referrals with cash - an eBid member can earn up to $104.99 when a newly referred friend upgrades their membership. Details on the Affiliate and Buddy Points systems along with a breakdown of points are available here - http://us.ebid.net/help_affiliate.php.

Mark Wilkinson, co-founder of eBid said, "We've always taken a 'community approach' to eBid, which our very active member forum can attest to. Part of that community is sharing in the benefits of being an eBid member. It's our philosophy that when bids, sales and referrals are more active and members are contributing to a healthy eBid economy that the whole community wins which is why we instituted the Buddy Points system years ago. It's a really easy way to earn great prizes just by doing the normal business that our members join eBid to do anyway!"

Founded in 1999 in the UK, eBid now spans a total of 23 territories, covering more than 100 countries and five continents. Independent metrics have placed eBid firmly in second-place competition with eBay for person-to-person online listings in the USA, UK and dozens of other countries. Competitive features like zero insertion fees, low final cost fees (ranging from 0% to a max of 3%), a "Make An Offer" button and "Multiple Item Checkout" as well as a generous affiliate program and wide territorial coverage have all combined to propel eBid into this top bracket. Transactions on eBid may be completed using multiple, secure payment systems, either PPPay.com, Google Wallet, PayPal, or Skrill (Moneybookers).

With eBid's affiliate program, participants who add banners/links to their website, emails or Facebook pages can earn up to $104.99 for a single referral. Affiliates are rewarded for not only sign-ups to the basic eBid "Buyer" account status but also when the referral makes a free upgrade to "Seller" status and, most impressive of all, affiliates are rewarded with 50% of any upgrade fees when their referrals upgraded to "Seller+" status. eBid's "Seller+" status is a great advantage for higher volume merchants. A one-time fee of $49.49 gives the seller a lifetime of zero listing fees and zero final value fees. Merchants may also opt for a short-term subscription upgrade to zero fees ($1.99 for 7 Days / $6.99 for 30 Days / $16.99 for 90 Days).

About eBid.net (http://www.ebid.net)
Founded in the UK in 1999, eBid.net is now a global company with a presence in 23 territories across the UK, Europe, USA and Canada, Africa, Asia, Australasia and South America. With a commitment to person to person online auctions, eBid.net is recognized as the "best eBay alternative" by Webuser Magazine.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/10/prweb10074089.htm

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