A marketplace that has been on Tamebay’s radar for some time is Bonanza. It’s very much an eBay reflection and is favoured by eBay critics seeking a new place to sell. But is it worth using? It would be interesting to hear from any UK and European (and even US) sellers in comments who have had success on Bonanza. They say that in 2016 Bonanza had 20 million items listed from about 50k sellers.
There are several neat features that make it very attractive. Firstly, you can import your eBay and Amazon listings (and indeed other listings using a CSV) to get your inventory up and available swiftly. There are no listing fees (although subscribing to perks can mean that you get more profile and sales) and sales commissions are lower than eBay and Amazon. You can also take payments via both PayPal and Amazon payments as well.
But all that said, does it have the profile required to make decent sales? Certainly here in the UK it’s not even a peripheral name in the marketplace world. But stateside there is some evidence that shoppers know the name. But is it worth taking a punt? That’s hard to say. It will depend very much on what you sell and how competent you are at shipping to the US. In the UK there are probably marketplaces you should be considering first, for the time being.
For more information about Bonanza and how it can help you, there’s a useful start-up guide here. And, in particular, you might be interested in this fee comparison table that they have produced. (Of course the eBay fees here don’t include Paypal fees.)
Have you had a good experience on Bonanza?