728_header.jpg (23748 bytes)
Google  Web AuctionBytes  

Home
Subscribe
Blog
Letters to Editor
EcommerceBytes
Podcasts
Forums
Merchant Directory
PR Service  
AuctionBytes TV
ABU Back Issues

Sponsor

COOL TOOLS

Calendar
eBay Fee Calculator
Collectors' Links
eBay Promo History
Bookshelf
Fraud Resources
Auction Site Fees
Auction Management
Payment Services
Storefronts Chart
Sniping Chart
Email List Hosting
Consignment Services
Drop-Off Store Laws
Ecommerce Resources
Photo Tips
Marketing Inserts
Yellow Pages
Classifieds

AUCTIONBYTES

Our Writers
Write For Us
Partners
Press
Advertising
About Us
Link To Us

150ab1.jpg 150ab2.jpg 150ab3.jpg

Auctionbytes-NewsFlash, Number 2118 - September 15, 2009 - ISSN 1539-5065      | Next Story

Overstock.com Plans New Site to Sell in Bulk
By Ina Steiner
AuctionBytes.com
September 15, 2009
Reading AuctionBytes: Overstock.com Plans New Site to Sell in Bulk

Overstock.com is building a new website called O.BIZ where businesses and customers can buy bulk merchandise. The site, set to launch on October 31, 2009, is designed to give small businesses and customers the opportunity to buy large quantities at deep discounts. The new site will have a similar look and feel to Overstock.com and will be supported by its customer support team.

Overstock.com Chairman and CEO Patrick Byrne said, "The .BIZ extension is appealing to growing, innovative businesses. Our goal is to have O.BIZ help small to medium-size businesses save money by leveraging the purchasing power of Overstock.com."

The company said O.BIZ is not an auction site, but said third-party sellers would be able to sell there. It will be just like Overstock.com except it will initially focus on restaurant, office, and hotel products in bulk quantities, according to a company spokesperson.

Overstock.com, which had launched a reseller marketplace for wholesale merchandise in a pilot program in 2005, if facing competition as other marketplaces move into the discount and overstock space.

Comment on the AuctionBytes Blog

You may quote up to 200 words of any article on the condition that you attribute the article to AuctionBytes.com and either link to the original article or to www.AuctionBytes.com.
All other use is prohibited.
Email this story to a friend.


| Next Story

Related Stories
  • Overstock.com Auction Trading up in Q4, Down for Year - February 02, 2009, Issue #1968
  • Overstock.com Announces $20 Million Debt Repurchase Program - February 18, 2009, Issue #1980
  • Overstock.com Pays $1.2 Million to Departing Board Member - April 02, 2009, Issue #2010
  • Overstock.com Q1-09: Revenue Down, Profits Up - April 23, 2009, Issue #2026
  • Overstock.com CEO Speaks at Internet Retailer Conference - June 17, 2009, Issue #2060
  • CheapTweet Launches Overstock.com Twitter Store - June 19, 2009, Issue #2052
  • Overstock.com Reports Q2 2009 Results - July 23, 2009, Issue #2086
  • Overstock.com Celebrates 10 Years with Sweepstakes - September 30, 2009, Issue #2127
  • Overstock.com Announces Twitter Sweepstakes - October 02, 2009, Issue #2129
  • Overstock Prepared for Rip-roaring Xmas, Reveals Consignment Biz - November 04, 2009, Issue #2152



  • Discuss this story in our forums.

    Site Index
    Copyright 1999-2009. Steiner Associates LLC. All rights reserved. Privacy Policy.