Wigix Keeping Fees at Bay
eBay that is.
Wigix, a site that launched today, aims to capitalize on the ever growing number of folks that are fed up with eBay’s fee structure. Wigix, the “Want it, Got It exchange”, is banking on those frustrated sellers and hopes to draw buyers as well.
Wigix charges no listing fees, no fees for items under $25, and if your item doesn’t sell you don’t pay a dime. Wigix is certainly not the only venue to take aim at eBay’s fee structure. VentureBeat has a great write up about the fees that are involved in Wigix as well as an in-depth discussion about how exactly Wigix works.
Over the years many startups have taken aim at the marketplace giant. They have experienced moderate success. It seems, though, that the times are changing. If you look at the Power Sellers Unite forum ranking of auction site listings, you’ll see that eBay is far in the lead but sleeper sites such as eCrater are creeping up behind them.
Wigix is billing themselves as the community driven marketplace. To me, it seems like Craigslist meets eBay. It is a great concept that has worked well on some level in other places and I’m excited to see what happens with Wigix.
Go ahead and take a look at how Wigix is set up. I’ve searched on “Nintendo Wii” and took a look at the page results. Pretty cool. Click on “Nintendo Wii” to be taken directly to the results.
As an occasional seller and frequent buyer of stuff, I’ll certainly be keeping an eye on Wigix. I wish them well! I still get a chuckle out of the people that are just now jumping on the eBay bandwagon. Now, don’t get me wrong, there is still plenty of cash to be made on eBay, even with the high fees, BUT you’ve got to be top notch in your game to really hack out a huge living. I was at Panera one day and this dude who didn’t even have an email address or credit card, was talking to his girlfriend about selling stuff on eBay. They were, of course, leaching wireless while sharing a coffee. God bless them, I do hope that they do make their well deserved living online.
July 20th, 2008 at 7:56 pm
Did you know that you can profit from Wigix without even selling products? Sign up for free and become a category expert, add products to the catalog for 5% profit sharing and sign up friends and make money on their profits.
Sign up free at https://www.wigix.com/index.php/user_registration/index/5966