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Mobile Sales Give eBay a Boost, but Competitors Say the Economy Is in Their Corner


The trend toward economic recovery has likely helped boost sales at sites like uBid and RedTag, where buyers set the sales prices.

Like eBay, uBid and RedTag regularly feature top manufacturers including Apple (NASDAQ:APPL), Microsoft (NASDAQ:MSFT), Dell (NASDAQ:DELL), and LG. However, uBid's websites stand out with a focus on refurbished merchandise for a large segment of its product sales. Also helping it to stand out are its special promotions, including flash sales, a Deal of the Day, and celebrity-promoted auctions. "The uBid excess, overstock, and refurb strategy is a sustainable model that offers a true recycling facet to their offering," says Ragont.
No positions in stocks mentioned.

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