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TulipTools Internet Business Owners and Online Sellers Community › Online Auction Industry, B2B Trading Sites, Classified Ad Sites, Fixed Price Venues, and Malls › Online Auction Industry Discussion › Auction Sites › Other Auction Sites v
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Bidz 2006 1st 9 months revenues jump 57% to $94 million

  
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Bidz 2006 1st 9 months revenues jump 57% to $94 million
12-21-2006, 12:03 PM,
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mandy Offline
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Bidz 2006 1st 9 months revenues jump 57% to $94 million
Bidz 2006 Q3 SEC filing: http://investors.bidz.com/EdgarDetail.cfm?CIK=1324105&FID=1104659-06-74863&SID=06-00

Quote:Bidz, an online jewelry retailer and auctioneer, posted web sales of $94.2 million in the nine months ended Sept 30, 2006, up from $59.9 million in the first nine months of 2005, an increase of 57.3%. For the third quarter, Bidz, No. 98 in the Internet Retailer Top 500 Guide to Retail Web Sites, also grew its e-commerce revenue by 28.3% to $27.1 million from $21.1 million in Q3 2005...

From January through September, Bidz increased its marketing expenditures by 182% to $7.8 million from $2.8 million in the first six months of 2005...

full article: http://www.internetretailer.com/dailyNews.asp?id=20860
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12-21-2006, 12:46 PM,
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Re: Bidz 2006 1st 9 months revenues jump 57% to $94 million
I occasionally purchase gems on Bidz. It is easy to use, the auction format is actually fun to use, and I have never had a problem with a purchase at Bidz.
As opposed to ebay, which is none of the aforementioned. Tard
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12-21-2006, 07:41 PM,
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amy Offline
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Re: Bidz 2006 1st 9 months revenues jump 57% to $94 million
Bidz contacted us 3 years ago because they wanted us for their toys/collectables category.  We thought about it and said no because the minimum monthly fees to sell there were $500 and we had heard many complaints from sellers.

(this was obviously  before Bidz did away with the non-jewelry categories and independent sellers ;D )
Blog
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12-22-2006, 05:33 AM,
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chiquita Offline
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Re: Bidz 2006 1st 9 months revenues jump 57% to $94 million
I found out about bidz from my neighbor. Smart man he invested in the company, and is very happy with his purchase. My only regret is that we didn't have this conversation years ago.  :blinkie:
http://funfunkyandfabulousclothing.ecrater.com/
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