New online auction site to raise funds for charities
Howard Lake | 27 February 2007 | News
E2bid.com is a new online auction site which launches next week. “The UK’s first Auction marketplace dedicated to raising money for charity”, run by a Community Interest Company, aims to differentiate itself from other online auction sites by charging just 40p to list items and not charging a final value fee.
E2bid.com says that 25% of listing fees will be donated to charity together with 25% of all site revenue. Indeed, the company aims to increase this to 50% or more.
Beneficiary charities at launch include:
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* C-r-y
* Carla Lane’s Animaline
* Celia Hammond Animal Trust
* James Whale Fund For Kidney Cancer
* PPUK
* Duchenne Muscular Dystrophy
* Sense
* Sparks
and the company is seeking to add more.
E2bid.com’s co-founder James King said: “We are driven by an urge to divert some of the huge profits currently made by large organisations back into the pockets of the sellers and most importantly those good causes which really deserve support and currently receive nothing or very little from online selling.”
The site will be launched on 1 March 2007.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.