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Uwant, Ubid, Uget

MEDIACOM-RELEASE-

UWANT, UBID, UGET

Small businesses, schools and community organisations now have access to a wide range of major brand computers and other products at bargain prices - online.

One of the of the world's leading online retail businesses, uBid, has launched its auction site in New Zealand where customers can bid for and win computer products, consumer electronics, sporting goods and homeware products.

www.uBid.co.nz is an online retail store where the customer sets the price they are willing to pay for a product, using an auction format. The bidding on most products starts at AUD$9.00 and there is no reserve price. Visitors to uBid.co.nz bid against each other to win excess and end-of-line merchandise (backed by warranties and guarantees) from leading brand name manufacturers - 24 hours a day, seven days a week. uBid launched in Australia in October last year.

Brands featuring include Dell, IBM, Philips, Hewlett Packard, Sony, Krups and Moulinex.

Launching the site in Auckland this week (24 Jan), uBid's General Manager for Australia and New Zealand, Chris Hitching, said: "Detailed product features, specifications and conditions are included on the site so customers know exactly what they're buying," he said.

"By visiting uBid.co.nz, small businesses and schools as well as individual customers are now able to access a wide variety of excess and end of line products for the first time. The auction format enables uBid's customers to get great deals on quality goods," Mr Hitching said.

"Most of our products are backed by a 21-day money-back guarantee, which applies even when a successful bidder decides they no longer want to purchase the product.

"uBid does not allow individuals or merchants to sell products on the site. This ensures uBid has full responsibility for delivery of the products, complete with guarantees.

"Vendors like uBid because it allows them to clear inventory and reap good returns from excess products in a way that complements their existing distribution channels," he said.

Single product auctions typically last for two or three days. All bids are made in Australian dollars, with New Zealand customers having access to an online currency converter.

"New customers need to register their details on the site before they can make a bid," Mr Hitching said. "They can also use an automated `BidButler' to do their bidding for them.

"At the end of each auction, the winning bidders are notified by e-mail, and the goods are then dispatched from uBid's warehouse facility in Sydney."

Delivery is by courier and in most cases, within seven days to major New Zealand centres and around nine outside of the major cities.

Mr Hitching said: "In many ways, uBid is very much like a conventional retail store with the major differences being that it operates on the Internet and customers ultimately decide what price is paid for products.

"The other major similarity we have with conventional stores is that uBid customers are protected by consumer warranties and guarantees."

Privacy is paramount and the site uses the latest auction encryption technology from the US, including VeriSign, to ensure that digital IDs are protected.

uBid is also a certified TRUSTe merchant, and complies with comprehensive privacy guidelines.

For more information:

www.uBid.co.nz

ENDS

© Scoop Media

 
 
 
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