UPS, AuctionDrop Sign Pact

Share this content:
AuctionDrop Inc., San Carlos, CA, an eBay drop-off store, said last week that its customers now can drop their items at any of United Parcel Service's 3,400 U.S. stores.


Terms of the deal were not disclosed.


EBay drop-off stores are similar to traditional consignment shops in that they charge sellers a commission for selling an item. They don't charge upfront fees for their basic service, instead earning commissions based on an item's final sale price. Customers usually pay separate fees charged by eBay, ranging from 1.5 percent to 5.25 percent of the final price.


Under the deal, UPS will pack and ship approved items to AuctionDrop at no cost to the seller. AuctionDrop then auctions the goods on eBay and sends the seller a check minus the commission and eBay fees.


AuctionDrop has opened five San Francisco Bay area stores since March 2003. Other eBay drop-off companies include iSold It, QuikDrop, AuctionWagon and NuMarkets.


AuctionDrop said the deal will expand its operations, which have been limited to its five Northern California stores. Each of AuctionDrop's five stores takes in 15-30 items daily and has annual revenue of $350,000 to $400,000.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here