EBay Competitor Launches Storefronts, Affiliate Plans
Wigix, an eBay alternative that provides a unique stock-market style method for buying and selling goods, today announced a new service for sellers. Called Storefronts, the service lets sellers build and brand their own customized online shops through the Wigix Web site.
Irked by eBay, Some Sellers Trade Elsewhere
Some online retailers are moving away from eBay.
Irked by February’s changes in fees and the feedback-rating system, merchants who once sold wares exclusively at the online-auction site can now be found on a number of smaller alternative sites that have sprung up. With names like Wigix, Silkfair, Etsy and Oodle, these sites aim to offer more hand-holding for sellers — and charge lower fees — than the behemoth eBay.
Start-up hopes to outdo eBay with online market
Wigix Chief Executive James Chong is nothing if not ambitious: he thinks he’s got the recipe for an Internet marketplace that will rival eBay.
Chong, who was the architect of Charles Schwab’s online trading platform, believes eBay’s design is best suited to auctions of collectible, one-off items. But for those buying Sony PlayStations, digital cameras, or other mass-manufactured items, he thinks Wigix–”Want It Got It Exchange”–has the better approach.
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