eBay launches 'virtual high street' for small businesses

Online auction internet site eBay is to launch a new site this autumn that will allow small and medium-sized businesses to compete on an equal footing with online retail giants.

The new eBay Express site will only offer new products at fixed prices. Sellers will be vetted to ensure they are "reputable" and will be required to guarantee prompt delivery and accept returns within a week. eBay will also monitor the feedback of business sellers to ensure that there are no credibility problems.

Douglas McCallum, managing director of eBay's UK division, says: "We want to create a virtual high street with a plethora of businesses, both large and small."

The site, which has already launched in the US, will go live in October, although small businesses can sign up now. It will look simpler and more professional than traditional eBay pages, highlighting images of the product.

With about 15 million registered users in the UK, eBay offers businesses access to a broad range of potential customers.

Selling unwanted goods on eBay has become a lucrative pastime for many UK individuals but the online retail site also offers a platform to sell a variety of goods without the overhead costs and physical limitations of high-street retail. Despite eBay's reputation for last-minute bargains and frenzied bidding on rare items, around 34 per cent of transactions in the first quarter were sold at a fixed price.

Companies as large as Vodafone, Canon and Thompson Holidays already use eBay to sell goods. However, many smaller retailers have been put off using the site, explains Azita Qadri, the small business manager for eBay UK.

She says many prefer to sell exclusively alongside other reputable businesses, while others do not want to list new products next to second-hand goods.

"A small retailer in Essex will now be able to compete against John Lewis," says Azita Qadri.

PROMOTED VIDEO
Life and Style
beautyBelgian fan lands L'Oreal campaign after being spotted at World Cup
Extras
indybest
Arts and Entertainment
Characters in the new series are based on real people, say its creators, unlike Arya and Clegane the Dog in ‘Game of Thrones’
tv'The Last Kingdom' is based on historical events
News
people
Arts and Entertainment
Chocolat author Joanne Harris has spoken about the financial struggles most authors face
books
Arts and Entertainment
filmSir Ian McKellen will play retired detective in new film
Life and Style
tech
Arts and Entertainment
'Molecular Man +1+1+1' by Jonathan Borofsky at Yorkshire Sculpture park
tv
News
Glamour magazine hosts a yoga class with Yogalosophy author Mandy Ingber on June 10, 2013 in New York City.
newsFather Padraig O'Baoill said the exercise was 'unsavoury' in a weekly parish newsletter
Extras
indybest
News
people'She is unstoppable', says Jean Paul Gaultier at Paris show
Finacial products from our partners
Property search
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Money & Business

    Web Services Developer

    £200 - £450 per day: Harrington Starr: Web Services Developer Web Services, WP...

    Trainee Recruitment Consultants For Multiple UK Offices

    £18000 - £25000 per annum + DOE, OTE £40000: SThree: LONDON - BRISTOL - DUBLIN...

    Financial Accountant-IFRS-Gloucester-£300/day

    £250 - £295 per day + competitive: Orgtel: Financial Accountant - IFRS - Glouc...

    SharePoint/C# Developer - Aberdeen - Circa £40K + benefits

    £30000 - £40000 per annum + excellent benefits: Deerfoot IT Resources Limited:...

    Day In a Page

    The true Gaza back-story that the Israelis aren’t telling this week

    The true Gaza back-story that the Israelis aren’t telling this week

    A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
    A History of the First World War in 100 Moments: The German people demand an end to the fighting

    A History of the First World War in 100 Moments

    The German people demand an end to the fighting
    New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

    New play reveals what Oscar Wilde said at trials

    For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
    Can scientists save the world's sea life from

    Can scientists save our sea life?

    By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
    Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

    Richard III review

    Martin Freeman’s psychotic monarch is big on mockery but wanting in malice
    Hollywood targets Asian audiences as US films enjoy record-breaking run at Chinese box office

    Hollywood targets Asian audiences

    The world's second biggest movie market is fast becoming the Hollywood studios' most crucial
    Grindr founder Joel Simkhai: 'I've found love on my dating app - and my mum keeps trying to hook me up!'

    Grindr founder Joel Simkhai: 'I've found love on my dating app'

    Five years on from its launch and Grindr is the world's most popular dating app for gay men. Its founder Joel Simkhai answers his critics, describes his isolation as a child
    Autocorrect has its uses but it can go rogue with embarrassing results - so is it time to ditch it?

    Is it time to ditch autocorrect?

    Matthew J X Malady persuaded friends to message manually instead, but failed to factor in fat fingers and drunk texting
    10 best girls' summer dresses

    Frock chick: 10 best girls' summer dresses

    Get them ready for the holidays with these cool and pretty options 
    Westminster’s dark secret: Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together

    Westminster’s dark secret

    Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together
    A History of the First World War in 100 Moments: Dulce et decorum est - a life cut short for a poet whose work achieved immortality

    A History of the First World War in 100 Moments

    Dulce et decorum est: a life cut short for a poet whose work achieved immortality
    Google tells popular music website to censor album cover art in 'sexually explicit content' ban

    Naked censorship?

    The strange case of Google, the music website and the nudity take-down requests
    Howzat! 8 best cricket bats

    Howzat! 8 best cricket bats

    As England take on India at Trent Bridge, here is our pick of the high-performing bats to help you up your run-count this summer 
    Brazil vs Germany World Cup 2014 comment: David Luiz falls from leader figure to symbol of national humiliation

    David Luiz falls from leader figure to symbol of national humiliation

    Captain appears to give up as shocking 7-1 World Cup semi-final defeat threatens ramifications in Brazil