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= auctioning4u =
The correct title for this article is
'auctioning4u.The initial letter is
capitalised due to technical restrictions
auctioning4u is a
eBay services company based in North Acton, West LondonUK.It is not affiliated with
eBay.
Overview
Auctioning4u is a fulfillment service
selling for consumers, charities and companies on various platforms
including Amazon and eBay.In contrast to
some of the US models for this new industry items get transported
to a central hub where they then get catalogued and photographed by
various category specialists.The company
is based in London, United Kingdom.
The company was founded by
Christian Braun in 2003 as an easy way for people and businesses to
sell on eBay, the first business of its kind in Europe.It
opened its first location in Kensington, London and has since grown to 5 locations, making it
the largest chain of eBay drop-off shops in the UK.
Services
eBay Drop-off Shops
Auctioning4u runs an eBay drop off
service for consumers through its chain of drop off
stores.Items will be accepted if they
have a preceived value of £20 or more and are in accordance with
eBay's listing policies.The benefit to
consumers of this service are as follows:
Timesaving - listing
on eBay can take up to 2 hours.
Auctioning4u manages the whole auctioning process from
start to finish including listing, answering queries, accepting
payment and finally shipping.
Expert listing - auctioning4u uses
experts in different fields to list items
Anominity -
auctioning4u takes care of all communication with the item's buyers
The company's top selling categories are as
follows:
Electronics
Computers
Collectables
Fashion
Cars
Auctioning4u
charges a commission of 33% for the eBay drop off
service
Outsouced eBay Sales
As well as selling for
consumers, auctioning 4u works with companies and not for profile
organisations to help them sell their new or surplus stock on eBay
and other online channels.
Clients
include companies and not-for-profit organisations who would
traditionally have sold their surplus assets through traditional
auctions.
eBay Consultancy
Auctioning4u offers a
consultancy service for those companies who are not suitable for
their managed eBay service.
Acquisitions and Investments
In July 2005
received funding of £600,000 from private investors
In July
2005 acquired auctionicity - a rival chain of eBay drop off
stores
In April 2006 acquired Auction Partner, a eBay services
company based in East London
In May 2006 received funding of
£2.1 Million from Forsight Venture Partners
In Augusst 2006
auctioning4u acquired Trading Nation, an eBay services company
working mainly in the corporate and charity sectors
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