Well, it is not exactly new new, but it’s quite new… In comparison with Ebay, Ebid or OnlineAuction.com it is still a baby. A rather fast growing baby to say the least. For an auction site that has just started up in June of 2008 and already surpassed Ebid.net in traffic received is an incredible feat. Although, Alexa doesn’t give you entirely accurate traffic stats, but it does give you an idea; And when it is projecting “reach” twice the size of Ebid.net that says something.

What is so special about Bonanzle, you may be wondering that makes it differ from all those other Ebay Alternatives out there. So I decided to find out, and what I found intrigued me. Compared to my experience with Ebid.net and even Ebay, I have to say that Bonanzle is hands down the easiest site for you list products. It takes literally a couple of mins for you to list multiple products! Like other “Ebay Alternatives” they also have a generous pricing scheme. You don’t pay any fees unless you sell something and when you do, the fees are quite reasonable. Opening up store(booths is what they call it) are also free, but you do have the option to upgrade your store for some additional benefits. Aside from the great pricing and usability site, Bonanzle also have some unique ideas that they brought to the table. One of which is live communication between buyers and sellers. Yep, you can message sellers, if they are online at the same time and ask questions or just simply chat. In my opinion, Bonanzle could just be very well the new best contender for an “Ebay Alternative”.

I will however say though that Bonanzle has a long way to go, if it ever wants to get even close to being a rival to Ebay. They are still comparable much smaller, which is a huge disadvantage when it comes to an auction site. Chances is that you will probably be able to make more money on Ebay than on Bonanzle given that you are selling products that sell well and give you a decent profit to cover those expensive Ebay fees. With that said, I still encourage people to give Bonanzle a try, whether if you are selling on Ebay or not. It is always good to explore new avenues to access the possibility of additional opportunities that lie ahead. If you are not completely persuaded due your busy nature, I invite you to at least take a look. Bonanzle awaits!