|
Ten Best Auction Websites
By Mike Peake
The Sunday Times -
June 21, 2009
Get Rid of Old Tech Challenge
By Northonetv
Channel 5 Gadget
Show -
March 23, 2009
What to do with unwanted gifts
By Rachel Horne
BBC2 Working Lunch -
December 08, 2008
17 Alternatives to Buying and Selling on Ebay
By Sean P. Aune
Mashable - October 15, 2008
Website Of The Day - CQout.com
By Ian Huges
Pocket-Lint & Yahoo News - November 13, 2007
CQout Becomes the 2nd Largest UK Auction Site
Computing News - October 18, 2007
UK Auction Site CQout Reaches Milestone No. of Listings
By Ina Steiner
AuctionBytes - October 05, 2007
101 Really Useful Websites
The Independent - June 11, 2007
Webwise: Be a brainy bidder
The Sunday Times - April 8, 2007
CQout Are Seeking You out!
Entertainmentwise -
December 20, 2006
Look Out eBay
thedetour.co.uk -
December 11, 2006
Check out CQout.com
funky.co.uk -
December 7, 2006
CQout quarter million milestone shows
‘Feebay’ not the only game in town
thestudentzone.com -
December 4, 2006
CQout Quarter Million Listings - eBay not the only game in town
auctionezone.com -
December 4, 2006
CQout Quarter Million Milestone
Shows 'Feebay' Not The Only Game In Town
designinteract.com -
December 4, 2006
eBay rival hunts agency for UK consumer push
By Robyn Lewis
PRWEEK - 22 Nov 2006
Print version
brandrepublic.com -
20 Nov 2006
Is This the Next eBay Snap up a great bargain with the Superb CQout
eBuyer & Online Seller - No 80 - Nov 2005
Easy Money By Nigel Donnelly
Computer Active - No 157 - Feb 2004
Online Auctions
By Graeme Kidd
Computer Shopper - No 188 -
Oct 2003
Page 1,
Page 2
Print version
Profile of a UK Auction Site: CQout By Ina Steiner
Auctionbytes-
No. 72 - June 16, 2002
E-Shopping- Auctions
By Amber Cowan
The Times- Saturday
January 05, 2002
National Smile week
The
Probe, May 14, 2001
CQout
Model
Mart, 2001
Website offers Online Auction
British
Dental Journal, 2000
Paddington Great Online Adventure
Action
Research- October, 2000
Print version
Online Auctions will help PDS
Parkinson's
Disease Society- Autumn, 2000
Wanted Auctions
Collectors
Gazette- April, 2000
|
1...CQout is pronounced as in
'Seek You Out'. Our first choice, CQ.com was
taken by the US Congress!
2...CQout Ltd. has grown primarily by word of
mouth since it was founded in 1999 by three
London Business School graduates.
3...By number of items for sale, CQout is now
the second largest online marketplace in the UK, passing ¼
million in December 2006, half a million in September 2007
and over a million in March 2009
4...CQout charges new users a one-off
registration fee of £2.00 ($3.50 USD) which
reflects the actual administrative costs of
validating user details to create and maintain a
secure environment in which buyers and sellers
can trust that goods will be delivered, items
paid for, and that time wasting frivolous bids
will not be made.
5...We operate a 'three strikes and you're out'
policy on negative feedback. Three justified
negative feedback comments from purchasers will
have a seller banned for life. CQout's rigorous
security routines prevent banned users from
re-registering with different details.
6… CQout is a fully featured site without being
too busy and ‘in your face’ visually. Users can
‘explore & discover’ in a way that is not
overwhelming or daunting for the novice. We've
opted for a fast loading, easy to view interface
that makes life easy for buyers and sellers
alike.
7… One of the reasons we're not
yet a household name is that instead of putting
a fortune into advertising, we’ve put our energy
into providing first class customer service that
we've been complimented on by satisfied users
time and again. But we don’t get it right all
the time, every time although we have the
satisfaction of knowing that most of those that
get angry and say rude things about us are those
who have been caught trying to do something
naughty!
8...CQout doesn't charge listing fees for
standard listings, so 'no sale, no fee', and
fees for all optional extras are all clearly
visible. Contrast that with the hidden cost of
selling on some other sites. New users coming to
us from other auction sites can even take us up
on our
fee challenge.
9...CQout runs its own escrow
system, called .
When using this service, payment is not released
to the seller until the goods have reached the
buyer and been deemed satisfactory. CQout users
are advised to use this 'in-house' system to
avoid falling prey to the numerous scam escrow
sites that have proliferated on the net.
Acceptance of SecurePay is mandatory for sellers
without at least 5 positive feedback ratings,
and is paid for by the buyer as an optional
added security measure.
10...The issue of trust is an
important one when buying online. Can you trust
a seller based in another country? Can you trust
a seller with little or no feedback to their
name? CQout has addressed these issues with their
scheme, which
Sellers are only granted if (among other
criteria):
a) the seller is known to CQout
and/or has a good trading track record
b) the seller is known to be genuine and honest
c) the seller is reliable and provides above
average customer service.
11...CQout runs its own payment
system called
but users are free to use whichever payment
system they prefer.
has also been integrated into CQout’s structure
to enable immediate payment to be made for goods
purchased on CQout quickly, easily and
seamlessly.
12…CQout runs an
affiliates scheme which
rewards users with £0.50 for each new user who
registers with CQout on their recommendation.
13…CQout’s effective validation
processes discourage the ‘£1 no reserve’
auctions that are so prevalent on other sites.
These auctions initially appear attractive to
buyers but are often not genuine, leading either
to unfulfilled sales at impossibly low prices
(and angry buyers) or to ‘shill bidding’ to
artificially raise the bid price to an
acceptable level.
14…
is CQout’s fixed price, instant sale feature for
those items that don’t lend themselves to the
auction process.
15… CQout does more to reduce to seller workload
than any other online market place, with an
Excel based bulk up-loader that can import
listings from many other formats, automatic
re-listing of unsold items and a comprehensive
set of
seller tools, including unique search stats.
16… CQout has a unique ‘anti-sniping’ feature
that allows sellers to obtain the true value of
their goods and avoids disadvantaging buyers
using slower internet connections. By
automatically extending the closing time of an
auction by half an hour after the most recent
bid, CQout more closely resembles a traditional
auction house and is fairer to buyers and
sellers alike.
17…CQout is family friendly. There is adult
material on the site as we take the view that if
it is legal for an adult to purchase such an
item in a shop, then it is also reasonable that
it should also be available for purchase online.
CQout ensures that viewing and bidding access to
adult material is restricted to logged in users
only, all of whom are by definition over 18
years of age, as this is the minimum age at
which a credit/debit card is granted, and such a
card is necessary for validation on CQout.
18...CQout is UK based but international in
reach. We have users in over 80 countries, the
majority of whom are in the UK. The USA is the
second largest nationality represented, followed
by Ireland and other European countries. Users
can buy and sell in their own home currency, but
also see all other sellers' items converted
automatically into that currency.
19...Between them, CQout's sellers offer one of
the largest selections of pre-owned CDs anywhere
on the internet.
20...Why use CQout rather than one of the many
'free' sites? New online auction sites pop up
all the time as part time ventures by hobbyists
using 'out of the box' auction sites with
limited 'back end' management capabilities that
serious sellers require. Most last a few months
with a few hundred items listed, then vanish
once the operator realises the huge amount of
'behind the scenes' work necessary to regulate
and manage a live online marketplace. The
strategy of others seems to be either to offer a
loss leading 'free' service to build up their
user-base with the intention either of
introducing selling fees once they have achieved
critical mass (at which point, the users vanish
because all they really wanted was that free
service) or to offer that free service in the
hope of being bought out (unlikely in the post-dot.com
era): both of these models are
unsustainable. Any responsible online
marketplace has to take hour by hour care of its
security, its customer service and its
connectivity: all these need a real person at
the helm, and that has to be paid for. CQout's
nominal registration fee pays for the
verification work needed to identify and deter
fraudsters and scammers. Our free listing and
'no sale, no fee' policy means that customers
only reward us for success. There really is no
such thing as a free lunch. |