Overstock.com has expanded its platform to international shoppers and said it is enhancing its online auction site for the fourth quarter. International shoppers can now search, browse and purchase over 600,000 discount products, priced in local currency, from http://www.overstock.com. E4X Inc. is powering Overstock.com's international ecommerce capability with its integrated FiftyOne Global eCommerce solution and will handle fulfillment for international orders.
Overstock.com is also enhancing its auction platform, which will remain a domestic US marketplace for the immediate future. Enhancements will include increased fraud protection, checkout process improvements, more third-party integrated payment options and the addition of bid cancellation and retraction. Overstock Auctions plans to integrate many of the site changes as early as November in time for buyers and sellers to capitalize on them during the holiday shopping rush.
Overstock.com Director of Auctions Doug Minnick said the seller bid cancellation feature may be ready as early as the end of this week. The integration of payment services on the auction site is also significant, he said.
Minnick joined Overstock.com in July with a background in product development and community outreach. He referenced an interview he had conducted recently on the Internet radio program eBay and Beyond: Basics to Business and said he wants sellers to know that Overstock wants to be in touch with them, and to know they have influence on the roadmap. He added, "I'm a new director and have open ears, and I've heard the community."