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Trading Post To Take On eBay

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11:46AM May 27, 2008 | Nick Broughall

eBay aren’t the most popular online auction site in Australia at the moment. They’ve been publicly flogged by every man and his Reserve Bank for their plans to restrict payments to PayPal only in the near future, not to mention disgruntled sellers unhappy with new feedback options.

So it’s probably a very smart time for Sensis to take the Trading Post into the world of online auctions.

Today the Telstra subsidiary announced that they’d be launching auctions on the Trading Post website. And they’ve clearly structured their pricing model at disgruntled ebay sellers: it’s free to list your item, you get the first photo free with every auction, and you only pay when you make a sale. On top of that, sales under $10 will only cost you 50 cents, while the most you’ll pay for an auction is $24.95 on any item over $500.

Not only that, but they support a wide range of payment options including Paymate, bank transfers and credit cards.

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