Overstock launch buying in the UK

No primary category set

OverstockBack in the Spring Overstock announced that they’d be launching International sites this summer and this week have opened localised shopping across 24 countries including the UK and Europe. Buyers can now shop in their local currency accessing over 600,000 product lines including the ever popular linen categories.

When Overstock first announced they’d be opening in the UK sellers showed interest in listing on the site, but currently products are still largely shipped from the US. Geolocation simply recognises where a buyer is from their IP address and displays prices in Sterling for UK customers.

One downside of the site is that it doesn’t indicate delivery costs prior to checkout. On a sample £25 order the actual cost doubled to over £50 at checkout. This is something Overstock will need to address to avoid shopping cart abandonment. It would be great to see domestic sellers listing on Overstock and shipping from within the UK with reasonable delivery costs.

International buying was launched on the 27th August but prices were displayed in US dollars. According to Jake Bailey, Overstock’s director of international business, on the day of launch Overstock received orders from 17 different countries with no marketing efforts. With localised currency and the weakness of the US dollar it’s a great time to purchase American goods.

5 Responses

  1. If you were smart and wanted to save money, you would look at using a parcel forwarder. I was buying goods at Overstock far before they offered international shipping. I use a company called https://www.BongoUS.com (Bongo International). They set international consumers up with a US address so that they can buy from US retailers. The rates are significantly less expensive than buying through Overstock directly. PLUS, did you notice that the cost of the item goes way up when you change the currency over to Euros or Pounds? What a joke!

RELATED POSTS..

Overstock

Overstock has launched 17 new private label brands and 16k new products

mercadolibre

MercadoLibre trounce eBay's finanical results

Don't sell it, rent it

ChannelAdvisor parther PIXmania for PixPlace launch

eBid to offer eBay import tool

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars