B2Blog

Business-to-business (b2b) and industrial marketing blog.

Monday, May 24, 2004

Not every auction is on eBay or DoveBid

Here's a site that sounds like it is doing something right:
LabX really works! Of the 1252 auctions that have closed in the past 12 days, 713 auctions resulted in $199,983.00 of sales. Currently, over 56.9% of items receive bids.

LabX emphasizes used lab equipment, mostly in the pharmaceutical/chemical vein. Unlike eBay, they don't take commissions, which allows for off-line negotiations and less specific advertising. There are more listing options, including standard 'classified' ads, too.

The site does suffer from lots of smaller blinking ads, but I imagine the active lab shopper is going to actually study these, as they might help in their search for a bargain.

So just because you can't find your products being resold on eBay, doesn't mean that they aren't being heavily traded. I can't find any of our products on eBay right now, but over half-a-dozen units on LabX.

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