Digibid Teams With eBay

Mar 13, 2002 12:00 PM, Editors

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Digibid (Sandy Hook, Conn.), an Internet-based auction company, has teamed with eBay to create the online Pro Outlet Center for entertainment technology equipment. The agreement will enable manufacturers, dealers and distributors of products, such as musical instruments, pro audio, video, DJ and lighting equipment, to use Digibid's platform to reach eBay's 42 million registered users.

Digibid was developed to manage the auction sales operations for retailers and equipment manufacturers as well as end-users who want to liquidate new, used, overstock, B stock, returns and other merchandise.

"What makes Digibid's Pro Outlet Center unique is that it provides an invaluable service for the seller and the buyer," says company CEO Matt Brosious. "Sellers are able to sell large volumes of merchandise with limited costs at high profit margins, and buyers can get quality merchandise for reasonable prices. Having teamed up with eBay, Digibid provides a proven method for companies to reach online consumers. Plus, the system eliminates the labor-intensive nature of the auction and fulfillment process. By simplifying the process, Digibid has made the online sales option profitable and attractive to an extremely broad range of companies."

Integrated with eBay's trading platform, Digibid automates auction management, merchandising, payment processing, order fulfillment and customer relationship management.

"We are very enthusiastic about Digibid becoming a part of the eBay marketplace," said eBay musical instruments general manager Mike Harkey. "They have a strong offering of musical instruments, pro audio and video equipment, and eBay's marketplace of over 42 million registered users will help bring greater exposure to Digibid's customers."

For more, visit Digibid (www.digibid.com).






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