Table of Contents
OnBuy Review: Is This Online Marketplace Worth Your Time and Money?
Introduction:
Online marketplaces have become a popular way for people to buy and sell items. With many options available, it can be overwhelming to choose the right one. In this review, we’ll take a closer look at OnBuy, an online marketplace that has been gaining popularity. We’ll explore what OnBuy is, how it works, its pros and cons, and whether it’s worth your time and money.
What is OnBuy?
OnBuy is an online marketplace founded in 2016, headquartered in Dorset, UK. It operates similarly to eBay, where buyers and sellers connect to buy and sell products. However, OnBuy doesn’t offer auction-style listings like eBay. Instead, it offers fixed-price listings. As a seller, you can list your products for free, and when a buyer purchases your item, OnBuy takes a small commission.
How does OnBuy work?
To buy an item on OnBuy, you simply search for the product you want and select a seller. When you find a product you want to buy, you can make the purchase directly from the seller by paying through PayPal. If you encounter any issues with your purchase, you can contact the seller directly. If you can’t resolve the issue, you can seek guidance from OnBuy or go through PayPal’s dispute resolution process.
Is OnBuy legit?
Yes, OnBuy is a legitimate online marketplace. It has over 35 million products listed and 7 million buyers. OnBuy operates a rating system that allows buyers to share feedback on sellers. The ratings are given out of 5, and you can also write a brief summary. As a seller, you’ll need to subscribe to one of OnBuy’s account packages, which cost between £19 and £39 per month, plus VAT. However, if you’re a buyer, you won’t have to pay any fees.
Pros of OnBuy:
– Cheaper fees for sellers compared to eBay. OnBuy charges between 5 and 9% commission, while eBay charges 12.8%.
– Large selection of products available from a variety of sellers.
– Free for sellers to list their products.
– Easy to use website and search functionality.
– A rating system that allows buyers to share feedback on sellers.
Cons of OnBuy:
– Monthly subscription fee for sellers may be too high for individual sellers or those who don’t sell many items.
– Dispute resolution may be difficult if a seller is uncooperative.
– Some buyers have reported issues with receiving items or returning faulty products.
What do people say about OnBuy?
OnBuy has received positive reviews on Trustpilot, with a rating of 4.6 out of 5 from over 50,000 reviewers. Many users praise the website’s ease of use and competitive pricing. However, some users have reported issues with receiving their items or having difficulty with returns.
Is OnBuy worth using?
If you’re looking for an alternative to eBay, OnBuy may be worth trying out. It offers a large selection of products and lower fees for sellers. However, keep in mind that the monthly subscription fee for sellers may be too high for some, and dispute resolution may be difficult if a seller is uncooperative. As with any online marketplace, there are risks involved, so it’s important to do your research and be cautious.
Conclusion:
OnBuy is a legitimate online marketplace that offers an alternative to established platforms like eBay. It has a wide range of products listed, with major brands such as AO, HP, and Unilever among its sellers. The platform charges a lower fee than eBay, making it a good option for sellers looking to save money. However, it is important to note that OnBuy’s monthly subscription fee may not make it cost-effective for individual sellers.
As with any online marketplace, there are pros and cons to using OnBuy. The site’s rating system allows buyers to evaluate sellers, which can help build trust between parties. On the other hand, if there is an issue with a purchase, buyers will need to take it up with the seller or PayPal, rather than OnBuy itself.
Ultimately, whether or not OnBuy is worth using depends on your individual needs as a buyer or seller. If you are looking for a low-cost alternative to eBay and are willing to accept the risks that come with using a smaller platform, then OnBuy may be a good option for you. However, if you are an individual seller looking to sell only a few items, the monthly subscription fee may not make it cost-effective for you.
Overall, OnBuy is a legitimate and reputable online marketplace that is worth considering as an alternative to eBay or other established platforms. As with any online transaction, it is important to do your due diligence and read reviews before making a purchase or selling an item.
Subheading
OnBuy is an online marketplace that was launched in 2016 and is based in Dorset, UK. It operates in a similar way to eBay, but without the auction feature. Instead, buyers pay a fixed price for items listed by sellers on the platform. OnBuy has over 35 million products listed and 7 million buyers.
One of the main advantages of OnBuy is that it charges lower fees to sellers than eBay. Sellers are charged a fee of between 5% and 9%, depending on the item they are selling. This is significantly lower than eBay’s seller fees, which can be as high as 12.8%. However, sellers are required to subscribe to one of OnBuy’s account packages, which cost between £19 and £39 per month, plus VAT. This makes it less suitable for individual sellers who are only looking to sell a few items.
Buyers, on the other hand, do not have to pay any fees when using OnBuy. Payments are made through PayPal, and if there are any issues with a purchase, buyers can contact the seller directly. If this does not resolve the issue, buyers can contact OnBuy for guidance or go straight to PayPal for assistance.
One of the concerns that buyers may have when using a marketplace like OnBuy is the authenticity of the sellers. OnBuy addresses this issue by implementing a rating system that allows buyers to rate sellers based on their experience. Ratings are given out of 5, and buyers can also write a brief summary of their experience with the seller.
When it comes to the overall user experience, OnBuy is generally considered to be easy to use. However, as with any online marketplace, there are risks associated with using it. Some buyers have reported issues with receiving their purchases or returning faulty items. While OnBuy can provide some assistance in these situations, ultimately, the transaction is between the buyer and the seller.
Despite these risks, OnBuy has received positive reviews on Trustpilot, with a rating of 4.6 out of 5 from over 50,000 reviewers. Users have praised the platform’s good prices and ease of use, although there have been some complaints about the quality of the service provided by some sellers.
Overall, if you are looking for an alternative to eBay, OnBuy may be worth considering. However, as with any online marketplace, it is important to be cautious and do your research before making a purchase. If you are a seller, you will need to consider whether the subscription fees are worth the lower selling fees.
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