728_header.jpg (23748 bytes)
 Home   EB Blog   AB Blog   Letters   Podcasts   ABTV   Forums   EPIS   PR Service   Classifieds   Ecommerce EKG   Service Ratings   
  Subscribe    RSS Feeds    Twitter        Contact Us  Web Site  
Service Ratings 
   Auction Sites
   FP Marketplaces
   Inventory Management
   Payment Services
   Storefronts & Carts
   Sniping Services
   Wholesale/Dropshipping
   Email List Hosting
   Consignment Services
   Ecommerce EKG 
   Auction Calendar
   Collectors' Links
   eBay Promo History
   Bookshelf
   Fraud Resources
   Drop-Off Store Laws
   ABTV
   Ecommerce Resources
   Photo Tips
   Marketing Inserts
   Yellow Pages
   Advertising

EcommerceBytes-Update, Number 22 - September 23, 2000 - ISSN 1528-6703     Previous | | Next

Online Auction Site ePier.com

In an earlier issue of AuctionBytes-Update, David Steiner voiced his despair over eBay's refusal list a set of lawn jarts, a move that prompted him to seek out an alternative venue for the product. He found one in Yahoo Auctions. Another auction site to consider is ePier.com, a site that incorporates the familiar appearance of eBay with the fiscal benefits of Yahoo.

Two-year-old ePier.com seems vastly underrated and unknown considering the benefits it provides avid online auction sellers, namely-- NO listing fees, NO end of auction percentages, and FREE image-storing. Even if you can't live without eBay, you can't overlook a site like this. Items may be listed with eBay as a first stop, later listing unsold items with ePier until the right buyer comes along. EPier essentially becomes a permanent catalog/auction site for your merchandise with a minimum of effort. James Kim, 30, of Spokane, Washington, is ePier CEO. He explains that ePier was conceived with the intention of "bringing the market a lower cost forum for people to buy and sell in an alternative venue."

But how does Kim and his six cohorts make money? With no ads thus far and sellers not pitching in to pay the costs, you might wonder how long this site can stick around. According to Kim, "We're currently not making any income, but in the future, I foresee 4 or 5 major avenues for generating revenue." The four he currently cites are:
1) Future advertising revenue;
2) Value-Added Gold Memberships for sellers that would target ambitious sellers, giving them access to services such as live professional assessments in exchange for a voluntary fee;
3) A PayPal type of payment system that ePier will own;
4) A link exchange for businesses that offers Web pages and performance-based software.

Kim pledges that the private information he receives from users will not be shared with outside sources. "Selling names to mailing lists is not a part of our plan."

Does ePier sound too good to be true? A bit, but Kim and his staff have hung in for two years, drawing upon a $250,000 family-financed fund to keep the site going. He hopes that, in time, $2 million worth of venture capital will come through to finance the constant upgrades the site requires and to allow them to market more aggressively.

Kim isn't discouraged, since his site is slowly but steadily growing. According to the stats printed on the home page, the number of registered users has gone up, and the gap between ePier and the "800 lb. gorilla" eBay has narrowed, drawing registrants from cities like Las Vegas, Houston, and Spokane and mega-states New York, Texas, Florida and California.

So far Kim's current marketing strategy targets online auction users directly through email. More working capital may bring a more sophisticated form of advertising. Other plans include a business rating system that differs from eBay's "open comments" feedback forum. Kim believes a more professional rating is essential, one that ranks sellers in a more quantifiable way: speed of delivery, how well items were packaged, communication, and friendliness.

How restrictive is ePier? According to their guidelines, the only items you can't sell through this site are the illegal kind. That lets out drugs, body parts, human beings, and the like. As for Jarts? Your best bet is to contact ePier to find out about any items you think may be questionable. They're quick to respond and friendly, too.

So, if you're curious about eBay's competition or have a mountain of things that need to find a long-term home, look up ePier.com to see if that's the right place for you. Just remember to do your part and advertise yourself. Any ad you construct, whether it's for eBay, Amazon, Gold's, or Yahoo, can contain a link to your listings. Feel free to tout it as your "catalog"; it's doubtful that Kim will mind.

About the author:

Edith Reynolds is a former newspaper and magazine writer. She and her husband Dan own an antiquarian bookstore, The John Bale Book Company in Waterbury, CT. For the past 10 years, they have specialized in early Americana and rare bindings. They are members of the ABAA (Antiquarian Booksellers of America Association), ILAB (International League of Antiquarian Booksellers) and OAUA (Online Auction Users Association). Edith manages online sales. In addition to their bookstore, they sell on eBay and at book fairs. They will launch American Booksellers in January, an e-fulfillment center for online booksellers. Visit their Web sites, http://www.johnbalebooks.com and http://www.sellusyourbooks.com. eBay ID: BALEBOOKS


You may quote up to 50 words of any article on the condition that you attribute the article to EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com.
All other use is prohibited.

Email Newsletter icon, E-mail Newsletter icon, Email List icon, 
E-mail List icon Sign up for our Email Newsletters

Email this story to a friend.

Previous | | Next



 EcommerceBytes Blog 
 AuctionBytes Blog 
 Letters to the Editor 
Related Stories 
Related Stories
  • Online Auction Site ePier.com - September 23, 2000, Issue #22
  • Letter From Reader - October 07, 2000, Issue #23
  • ePier: No Big Brother Policy - March 04, 2001, Issue #33
  • ePier Auction Site to Charge for Special Features - April 26, 2001, Issue #71
  • ePier Launches Referral Program - April 29, 2001, Issue #72
  • ePier Experiences Tech Problems - May 06, 2001, Issue #76
  • ePier Begins Fee-Based Member Verification Process - June 03, 2001, Issue #94
  • ePier Adds Feature, Experiences DSA - June 14, 2001, Issue #103
  • ePier Improves Its Image Hosting Service - June 25, 2001, Issue #110
  • ePier Bans Nazi Reproductions - July 29, 2001, Issue #128
  • ePier: Growing Too Fast for It's Own Good? - August 04, 2001, Issue #43
  • ePier Payment System Coming Soon - August 05, 2001, Issue #133
  • ePier Launches Ad Campaign - August 20, 2001, Issue #144
  • ePier Institutes Fees - September 10, 2001, Issue #159
  • ePier Introduces Online Payment Service - October 22, 2001, Issue #187
  • ePier Pleased with Storefront Offering - October 22, 2001, Issue #187
  • ePier Introduces Affiliate Program - October 30, 2001, Issue #193
  • ePier Plans to 'Take It up a Notch' in New Year - December 13, 2001, Issue #221
  • ePier Announces MotorCity - December 20, 2001, Issue #226
  • ePier Auction Site Announces Home Page Service - January 29, 2002, Issue #248
  • Zoovy Announces Strategic Partnership with Online Auction Site ePier.com - February 26, 2002, Issue #265
  • Online Auction Site ePier Reaches Profitability, Expands Marketing Efforts - March 12, 2002, Issue #274
  • ePier Helps Online Auction Users Clean Up - March 19, 2002, Issue #279
  • Online Auction Site ePier Runs Contest for Sellers - April 26, 2002, Issue #304
  • Online Auction Site ePier Introduces Email for Merchants - May 07, 2002, Issue #311
  • Something Old and Something New: Online Auction Sites & Services - June 16, 2002, Issue #72
  • eBay Competitor ePier Celebrates Record Number of Auction Listings - July 05, 2002, Issue #351
  • Online Auction Site ePier Announces July Promotion - July 15, 2002, Issue #358
  • ePier.com Announces 4 Days of ''No Listing or Final Value Fee'' Auctions - August 16, 2002, Issue #376
  • ePier Announces Promotion for Storefront Owners - September 13, 2002, Issue #392
  • ePier Hosts 'Free Selling' Promotion through Sunday - September 20, 2002, Issue #397
  • ePier Launches Auction Capability for Sites of All Sizes - October 15, 2002, Issue #413
  • ePier Announces New Advanced Stores, Free Auction Days - November 19, 2002, Issue #427
  • ePier Hosts Four Days 'Free Selling' on its Online Auction Site - February 24, 2003, Issue #490
  • ePier Announces Innovative Feature for Safer Auction Trading - May 30, 2003, Issue #547
  • ePier Holds Auction Promotion: No Fees for 4 Days - September 05, 2003, Issue #602
  • ePier Promotes Private-Label Auctions - October 20, 2003, Issue #631
  • ePier Holds 4 Days of Free Online-Auction Trading for Sellers - January 06, 2004, Issue #675


  • AuctionBytes-Update Archives 
    You can read past newsletters going back to 1999 - click on a year and you'll be taken to all 24 issues from that year, which you can read in full-text!

      AuctionBytes-Update - 2010
      AuctionBytes-Update - 2009
      AuctionBytes-Update - 2008
      AuctionBytes-Update - 2007
      AuctionBytes-Update - 2006
      AuctionBytes-Update - 2005
      AuctionBytes-Update - 2004
      AuctionBytes-Update - 2003
      AuctionBytes-Update - 2002
      AuctionBytes-Update - 2001
      AuctionBytes-Update - 2000
      AuctionBytes-Update - 1999

    Discussion Forums 
    Have a question about buying or selling online? Want to get marketing or technical advice? AuctionBytes Discussion Forums are the place to come to get answers to your questions and get advice! Great tips - a refreshing change!

    Current Discussions:
     

    About Us      Privacy Policy      Link to Us      Partners      Our Writers      Write for Us      Press        Site Index

    Copyright 1999-. Steiner Associates LLC. All rights reserved.