Digibid and eBay Create Online Pro Outlet Center for Entertainment Technology

Digibid (www.digibid.com), an Internet-based auction company, hasteamed with eBay to create the online Pro Outlet Center forentertainment technology equipment. The agreement will enablemanufacturers, dealers and distributors of products, such as musicalinstruments, pro audio, video, DJ and lighting equipment to useDigibid's platform to reach eBay's 42 million registered users in ahighly visible yet cost-effective and efficient manner. Digibid wasdeveloped to manage the auction sales operations for retailers andequipment manufacturers as well as large end-users that want toliquidate new, used, overstock, B stock, returns and other merchandise.Digibid provides many features that enable its vendors to extend theirreach to new buyers via eBay's marketplace, thus creating an "OnlinePro Outlet Center" for entertainment technology merchandise.

"What makes Digibid's Pro Outlet Center unique is that it providesan invaluable service for the seller and the buyer," says company CEOMatt Brosious. "Sellers are able to sell large volumes of merchandisewith limited costs at high profit margins and buyers can get qualitymerchandise for reasonable prices. Having teamed up with eBay, Digibidprovides a proven method for companies to reach online consumers. Plus,the system eliminates the labor-intensive nature of the auction andfulfillment process. By simplifying the process, Digibid has made theonline sales option profitable and therefore attractive to an extremelybroad range of companies."

Integrated with eBay's trading platform, Digibid automates auctionmanagement, merchandising, payment processing, order fulfillment, andcustomer relationship management. Companies that utilize Digibid's ProOutlet Center can effectively reach new markets, extend brand awarenessand most importantly, add high-margin business. Digibid can providewhatever level of marketplace visibility is desired from a fullybranded auction marketplace to an anonymous sales channel.

“We are very enthusiastic about Digibid becoming a part of theeBay marketplace," says eBay Musical Instruments General Manager MikeHarkey. "They have a strong offering of musical instruments, pro audioand video equipment and eBay's marketplace of over 42 millionregistered users will help bring greater exposure to Digibid'scustomers."

Previously, Digibid signed a software agreement with eBay andannounced that Digibid would integrate its auction management softwareplatform on eBay's trading platform.