Hot Topics:

Auction Sites Want Shoppers to Buy Now

Features being introduced to allow products to sell instantly.

eBay alternative auction sites Proxibid and Auctionopia are expanding their marketplaces to make selling and buying more flexible.

Live online-auction provider Proxibid just unrolled a “buy now” feature called Instant Purchase, which allows auction houses to offer an “instant purchase” price that will override any existing bids on an item. When a listing is within one hour of closing, the Instant Purchase feature will be disabled to allow competitive bidding.

“Auction companies and bidders have been requesting this feature and we are thrilled to be able to deliver,” says Jason Nielson, vice president of Risk, Payments and Product at Proxibid.

Some buyers prefer this method to avoid having to wait for an auction to close. A similar feature is also now available on online auction site Auctionopia, which just announced a retail component to its services.

Auctionopia launched its eBay alternative this year, which is a free online platform for selling. The site wants to incorporate retail businesses into its marketplace by allowing sellers to open storefronts and list items as “retail,” which is akin to “buy now”. This allows retailers and wholesalers to sell on Auctionopia by having the option to offer items for bid or a set price, all while maintaining a no-fees membership.

About the author

Sarah Brown
Sarah Brown is a freelance writer who writes about e-commerce and small businesses. She recently graduated from Chico State with a journalism degree and is also a budding online entrepreneur, having launched two Web businesses and her own line of handmade products. Opinions expressed here may not be shared by The Online Seller and/or its principals.

  • Jerry Golem

    I have started a website that is an alternative to ebay. It is called Items are listed for a one time charge, The listing price is reduced 5% each week for a maximum of 9 weeks. This gives the buyer a chance to wait for a reduced price. This concept is similar to brick and mortar consignment shops. At this time the listing cost has been suspended until the site has sufficient traffic to warrant a modest fee. So right now you can sell an item for free. I got tired of ebay’s heavy handed approach when dealing with sellers so I created my own site.

Newsletter Signup