Years ago I had high hopes for Overstock as a viable auction venue in direct competition with Ebay. Their first TV ads mentioned "taking on the big boys" and I rubbed my hands together thinking "this is it...finally". I was vastly disappointed because although Overstock kept advertising its retail site it kept failing to mention it had auctions at all - and most people didn't even know auctions existed there. A succession of managers were brought in who were going to get the auction portion of the business off the ground...all to no avail. I've heard rumors on what held back auctions...I will not mention any of that here. Today, I heard a radiocast with an interview of Doug Minnick from Overstock.com who gave a glowing report on where the site wants to go. They WANT SELLERS and they want them now! They'd be foolish NOT to want sellers since Ebay has been disillusioning sellers both large and small and causing them to wander the internet in search of a good place to sell. Overstock, with its huge retail business already has an good influx of traffic - they just need to make the fact that they have auctions known! Well, I'm always willing to go back and give something another try...how about you? I'll be listing on Overstock.com today and have my fingers crossed. I'm hoping this time they mean it!
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