(OTC: BZCN) Expanding Further Into Brick and Mortar Retail
January 21 2010 - 9:00AM
Marketwired
BizAuctions Inc. (PINKSHEETS: BZCN), a Titanium Powerseller on
eBay, announced its second retail store, Lucky 7's, will be opened
in San Diego.
Multiple studies have shown that items that sell on eBay
traditionally sell for less than in a retail store setting.
BizAuctions will be able to sell its more high demand clothing
items for a higher mark-up than on its eBay store. BizAuctions'
expansion from an online presence only to a brick and mortar
operation should help cross-promote both sides of its revenue
stream to bolster sales.
Earlier this year, eBay started giving top-tier status to
sellers who have very little negative feedback from buyers even if
these vendors aren't among those who make the most sales on its
online marketplace. This policy will further boost BizAuctions
traffic. BizAuctions has almost 99% positive feedback rating with
over 40,500 positive feedbacks.
Other active stocks are eBay (NASDAQ: EBAY), Overstock.com Inc
(NASDAQ: OSTK) and Jayhawk Energy Inc (OTCBB: JYHW).
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