Australian Auction Site OZtion Announces Public Beta for $5/month Online vShop
Published July 31st, 2006
OZtion, Australia’s second largest online auction site (http://www.oztion.com.au) has today announced that they are accepting registrations for a public beta of their new vShop service.
Anybody can setup their own Internet store for just $5 a month using our vShop service. You don’t need to be a computer expert to sell products online. Thousands of shoppers visit our site everyday, making it easy for you to make a profit online.
OZtion’s new vShop service allows any business to establish a fully branded, easy to setup and maintain Internet shop. Each vShop is created within the OZtion site, and benefits from the hundreds of thousands of visitors to www.oztion.com.au.
The vShop service will undergo public beta trials in August 2006, with the service being widely available in late September 2006. People wishing to register for the public beta of the vShop service should visit www.oztion.com.au.
When the service goes live, sellers wishing to use the vShop service will be charged a $5 AUD inc GST monthly administration fee. Sellers can list items within their vShop using OZtion’s Zero Cost Listing service, which is a form of “pay for sale” advertising.
There is no charge to place a standard item listing within a vShop, with only a very low fee of between 1.5% and 3% of the final sale price charged in the event the item is sold. The item sale fee is capped at $30 AUD inc GST per item.
A standard OZtion vShop can be easily setup by a novice computer user within approximately 10 minutes.
The vShop fully automates online transaction processing for a business, by managing stock and inventory levels, order progress tracking, in addition to automating the production of invoices and GST tracking.
Items within the vShop are sold using fixed prices, rather than using auction based pricing. OZtion automatically provides a system wide shopping basket system, so that people can purchase items from multiple vShops in a single process. Shopping carts can also be saved by shoppers and retrieved at a later time, if they need to interrupt their purchase.
Philip Druce, Managing Director of OZtion commented, “Anybody can setup their own Internet store for just $5 a month using our vShop service. You don’t need to be a computer expert to sell products online. Thousands of shoppers visit our site everyday, making it easy for you to make a profit online.”
OZtion’s online product listings have grown 132% in the first half of 2006, currently averaging 110,000 simultaneous items for sale.
