Auctionbytes-NewsFlash, Number 713 - March 05, 2004 - ISSN 1539-5065
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Bid4Assets Runs "Money Back Guarantee" Promotion Targeted at eBay Sellers
By Ina Steiner AuctionBytes.com March 05, 2004
Bid4Assets is running a promotion to attract sellers to its site. For a limited time, eBay sellers who list items worth $500 or more on eBay unsuccessfully can then list them on Bid4Assets at no risk. If the item doesn't sell on Bid4Assets, it will refund the seller 200 percent of the insertion (listing) fee. Sellers must list the item with the same pricing or lower as it was listed on eBay or other venue. A maximum of three items per seller is eligible for the special offer. (See Web site rules for complete details and restrictions.)
Bid4Assets is a leading online-auction site for unique and high-value items, and claims to have an average sell-through rate of 66 percent. Jenny Lynch, VP of Corporate Marketing, said Bid4Assets has been able to attract millions of buyers looking for unique items due to the draw of the U.S. Marshals Service auctions, government tax sales, and corporations selling surplus and idle items. Now Bid4Assets has too many buyers and not enough sellers, according to Lynch. She said Bid4Assets is an ideal auction site to sell jewelry, exotic/luxury cars, real estate, timeshares, inventory, artwork and collectibles.