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Beezid Store's Popularity Soars Among Online Shoppers

Five months after opening, the Beezid Store remains not only an industry first but a major innovation in the conventional marketplace format, effectively removing risk by guaranteeing the quality and condition of all products.

MONTREAL, April 7, 2014 /PRNewswire/ — Since their inception, penny auctions have allowed enterprising members to win high-value merchandise at low cost, and then profit by reselling that merchandise at marked up prices through sites like eBay.

While potentially lucrative, this business model forces users to wait for items to arrive, find a reliable buyer, ship the items, and then deal with any broken or defective merchandise. The Beezid Store's patent-pending Flip process eliminates all that, handling payment and shipping items directly to customers in brand-new condition with all applicable warranties.

Not surprisingly, like the Beezid online auction, the Beezid Store has soared in popularity among members since its launch last November.

"The Beezid Store is a wonderful place," said member Ziyu Sun, a frequent seller. "You can list your item as long as you want, and once your item sells, Beezid ships it directly to the buyer, saving you the mess of handling it yourself."

Flipping items on Beezid is not only easier, but cheaper, too. "The 5% transaction fee is about the cost of shipping on Ebay, let alone the 11% transaction fee on Amazon," Sun went on.

Comparison to Amazon and Ebay only gets more favorable under scrutiny, as Beezid handles everything. Using Beezid, sellers no longer need to create a "rep" for themselves or build customized item pages. By the same token, customers have no worries about fraudulent sellers or defective goods when purchasing from Beezid.

In fact, the customers are arguably the biggest winners. With a minimum 20% savings, and sellers competing for savvy buyers, customers are taking advantage of hundreds of bargains every day that would simply be impossible elsewhere, such as XBox One gaming consoles or Apple iPhones & iPads for 20-40% off.

"I needed some DeWalt tool boxes and I went to our local hardware store to check prices," said customer Ronnie Gilley. "When I got home that night I found the Beezid Store, with the exact same tool boxes at a 20% discount. I saved $315!"

But with the automated ease of Flipping auction wins on the one hand, and the drastic reduction in price on the other, popular items come and go fast, which is why Beezid provides members with a Watch List to alert them whenever an item they want goes up for sale.

You can find out more about penny auctions, the Beezid Store and the Flip process on Beezid's website.

About Beezid:

Since its launch in 2009, Beezid has become the leading source for top-quality merchandise at up to 99% off the retail price. Users take advantage of huge discounts on brand new, brand name products by forming bidding strategies in a fun and secure online environment, and turn these discounts to profits by selling their wins in the Beezid Store. There has never been a better time to join!

Contact:
John Pollard
(514) 939-3943