IOffer

Last updated
iOffer
IOffer screenshot.jpg
Screenshot dated August 5, 2008
Type of site
 Online trading community
Created bySteven Nerayoff
URL ioffer.com
CommercialYes
LaunchedMay 1, 2002

iOffer was a San Francisco-based online trading community that was launched on May 1, 2002 by Steven Nerayoff. [1] As of February 2008, it claimed to have nearly one million total users, including approximately 75,000 sellers, although this information cannot be independently verified, nor is it known how many of these users are active. [2]

iOffer deviated from the online auction business model and instead adopted the "negotiated commerce model", [1] characteristic of garage sales and flea markets, [3] [4] operating on the basis of negotiation between buyers and sellers rather than bidding. When a negotiation concluded successfully (i.e. a transaction occurs), iOffer charged a "final value fee" based on a sliding scale. [2] The website advertised this distinction, claiming: "This is not an auction. It's better!" [5]

iOffer permitted free listing of items for sale, charging fees only when items were sold or for premium listing services (such as bolding, highlighting, and listing on the home page). Sellers could post an asking price or request offers; buyers, in turn, could purchase an item at its asking price or make an offer. Users could also post "want ads" at no charge and barter. [6] All transactions were recorded and could be viewed by other users. [7]

iOffer competed with other similar negotiated e-commerce websites, as well as online auction sites such as eBay. [2] [8] [9] According to Greg Holden, author of multiple books about eBay, from the perspective of sellers iOffer was both a "complement" [10] and "good alternative" to eBay. [5] Through iOffer's software program Mr. Grabber, sellers could relist items from eBay onto iOffer en masse, as well as import eBay feedback ratings. [2] [6] [11]

Unlike sites such as eBay, however, iOffer provided little in the way of buyer or seller protection from fraudulent and other problem transactions.[ citation needed ] However, it did operate a C.O.P.S. scheme, similar to eBay's VERO program for items such as those involving counterfeit goods. Additionally, purchases with PayPal may be covered under PayPal's buyer protection program for items that were not received or not significantly as described. [12] [13]

While iOffer did not provide customer service via telephone, email customer service was available through the helpdesk, although form letter responses were the most likely response to most inquiries. [14]

In a January 2011, survey of more than 2,800 online sellers by the website AuctionBytes.com, iOffer ranked 16th out of 16 marketplaces with an overall rating of 3.6 out of 10, just behind eBay's 14th place rank with 4.2 out of 10. [15] iOffer's highest marks were for Ease of Use (4.42/10) and its lowest marks were for Would Recommend This Site (3.14/10). [16]

In March 2019, it was reported that the IACC (International AntiCounterfeiting Coalition) had blocked iOffer's access to most if not all methods of payment, forcing the site to temporarily shut down. In December 2019, iOffer’s website stated that it had terminated all services permanently.

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References

  1. 1 2 Steiner, Ina (June 16, 2002). "Something Old and Something New: Online Auction Sites & Services". Auctionbytes-Update (72). ISSN   1528-6703 . Retrieved 2008-08-04.
  2. 1 2 3 4 Chu, Lenora (2008-02-07). "EBay rivals circle vulnerable auctions kingpin". CNNMoney.com . Retrieved 2008-08-04.
  3. ↑ Steiner, Ina (February 2, 2003). "This & That: Online Auction Roundup". Auctionbytes-Update (88). ISSN   1528-6703 . Retrieved 2008-08-04.
  4. ↑ Hamilton, Diane M (2004). "Business-to-Consumer (B2C) Internet Business Models". In Hossein Bidgoli (ed.). The Internet Encyclopedia. 1. John Wiley & Sons. pp. 129–38. ISBN   978-0-471-22202-6 . Retrieved 2008-08-04. An even more typical flea market transaction takes places at iOffer. (p. 132)
  5. 1 2 Holden, Greg (February 5, 2006). "iOffer: Is Silence Really Golden?". Auctionbytes-Update (160). ISSN   1528-6703 . Retrieved 2008-08-04.
  6. 1 2 Paletta, Lu (November 21, 2004). "iOffer: Negotiated Ecommerce as an eBay Alternative". Auctionbytes-Update (131). ISSN   1528-6703 . Retrieved 2008-08-04.
  7. ↑ Conner, Nancy (August 2005). eBay: The Missing Manual. O'Reilly. p. 428. ISBN   978-0-596-00644-0 . Retrieved 2008-08-04. On iOffer, all of your transactions show up in your feedback profile.
  8. ↑ Steiner, Ina (July 9, 2002). "eBay Sets Off Fireworks with PayPal Acquisition Announcement". Auctionbytes-NewsFlash (353). ISSN   1539-5065 . Retrieved 2008-08-04.
  9. ↑ Swartz, Jon (2005-02-01). "Some eBay sellers are going, going, gone". USA Today . Retrieved 2008-08-04.
  10. ↑ Holden, Greg (December 4, 2005). "Selling Strategies: Looking for Life Beyond eBay". Auctionbytes-Update (156). ISSN   1528-6703 . Retrieved 2008-08-04.
  11. ↑ Holden, Greg (2006). Selling Beyond eBay: Foolproof Ways to Reach More Customers and Make Big Money on Rival Online Marketplaces . AMACOM. pp.  48. ISBN   978-0-8144-7349-8 . Retrieved 2008-08-04. iOffer.
  12. ↑ "iOffer Refund Policy" . Retrieved 2009-10-26.
  13. ↑ "PayPal User Agreement". 1 November 2010. Retrieved 28 December 2010.
  14. ↑ "iOffer Helpdesk" . Retrieved 28 December 2010.
  15. ↑ "AuctionBytes top 16 marketplaces survey" . Retrieved 23 January 2011.
  16. ↑ "AuctionBytes iOffer survey" . Retrieved 23 January 2011.
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