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      September 27, 2020

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liquidationd vs uBid

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Join Your Online Auction With eBay Today! When people hear "online auction" they immediately think of eBay. With good reason; this enormously well-known online auction site boasts millions of users across several countries and sells thousands of items every day.

However, there are alternatives to eBay. As it has grown in size, so too have a variety of complaints. From rising fees charged to their sellers, to prices that are driven up by large numbers of buyers, other online auction sites have started nipping at the heels of eBay.

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2020

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4.5 stars
Liquidation

LIQUIDATION

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Cost:

Free

Liquidation is an online auction website that specializes in bulk auctions of a large variety of products. They purchase surplus inventory from hundreds of stores across the country and action off this surplus to business and individuals through a typical online auction process.

The main page of the website contains several items that gave us an immediate sense of legitimacy. Prominently displayed is an accreditation from the Better Business Bureau, a notice that they are a publicly traded company, and a short video clip of a story featuring their business on popular ABC news program Nightline. The video clip was particularly informative due to the fact that their business model is clearly defined during the brief news article. The spot describes how Liquidation purchases inventory from 7 of the top 10 retailers in the country and hundreds of other manufacturers and then auctions the goods off to the public at discounts up to 40%. EVP Casey Roy is interviewed and clearly explains how his business model has led to bringing about a "second economy" for millions of Americans through this online buying and selling of bulk surplus.

This mention of a second economy is part of what we noticed was a focus on the opportunity for customers of Liquidation not only to purchase goods at a discount, but to make money reselling it to the public. On the main page are three testimonials from clients claiming that buying and selling from Liquidation is their primary source of income. This sets Liquidation apart from the many other online auction websites where the focus is solely on the customer getting a personal bargain on discounted goods.

The website itself is easy enough to navigate. You can register for free if you want to setup an account for frequent purchases, but you don't have to register to take part in an auction. The categories are clearly outlined and easily chosen from a drop down menu, and you can also search auctions by location. (presumably due to the focus on bulk buying where a client may have to have hundreds of items shipped or retrieved.) The customer service page has telephone numbers for customer support, seller support, direct/bulk sales and also an option to talk online via live chat to a service representative. There were a few small issues like the categories and locations resetting after each search, but overall it was easy to find everything needed and a snap to quickly located current auctions for what we were looking for.

Liquidation gets high marks for its huge selection of products, ease of use, and value to the customer. We feel it is a very good site for anyone who wants to either find a good deal for themselves on an item, or to make money purchasing and selling in bulk.

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4 stars
uBid

UBID

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Cost:

Free

Founded in 1997, uBid currently has over 5 million registered users. This auction site features brand name merchandise that is discounted anywhere from 20 to 80% off regular retail price. uBid features new, overstocked, and refurbished merchandise. On any given day there are approximately 200,000 items for sale. Only established businesses are allowed to sell on this auction site, thereby reducing any problems of fraud or selling counterfeit items. uBid has a 100% guarantee no-fraud promise. There are no listing fees, which is a nice plus.

uBid is easy to navigate, with very clear categories and a helpful question and answer section. Finding items is a breeze and the search facility works like a charm. uBid also supplies one-click actions to such helpful features as Auctions Closing This Hour and Items That Include Free Shipping.

In addition to the traditional auction, uBid has two interesting auction formats - Mega Auctions and Express Auctions. Mega Auctions are used to sell quantities of items - such as 20 watches or 100 suitcases. This is a convenient format for power sellers and buyers. Express Auctions are used for quick sales - they only last 20 minutes! Every 20 minutes, from 9am to 3pm, items are put up to bid and sold within that 20 minute timeframe. So if you don't have the time or inclination to monitor an auction stretching over days, you can pop in to check out the items in the Express Auction.

The fact that uBid has 5 million registered users compared to eBay's 150 million carries with it both positive and negative aspects. First, the negative - the amount of merchandise being sold is far less than eBay. Try running a search for designer clothing, or a hard-to-find item, and chances are you're likely to come up empty. On eBay you can find anything and everything; the uBid universe is much smaller. On the other hand, because uBid has far fewer registered users, you have far less competition when bidding on items. This means you can usually buy items for less than you can on eBay. The trick, of course, is finding those items in the first place. For example, while uBid may not have a limited first-run edition of a 1955 bestseller, they do have an ample supply of new electronics including computers, cameras, games, and bluetooth devices.

uBid is perfect for customers wanting steep discounts on general merchandise. You will not be able to find a first edition book or rare antique on this site, but you will definitely find solid deals on popular merchandise like electronics. If you have not registered with uBid yet, you are missing out on some very good deals.

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Continued from above

When looking at online auctions, there are a number of factors you'll want to consider. Some of these include:

  • Ease of Use. If the website is too confusing or difficult, you won't want to use it. Stick with one that feels right to you.
  • Selection. You want to be able to find the items you're looking for. If you can't you're going to try another site. Choose one or two online auctions that consistently give you the results you want.
  • Dependability. With online auctions, you need to trust the person that your dealing with. The best sites give you some feedback about your potential seller or buyer, so you know whether you want to do business with them.

TopConsumerReviews.com has reviewed and ranked the best online auctions available today. We hope these reviews help you fine what you're looking for online!

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