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New Acquisition, New Design and New Name for Bonanzle

Bonanzle, the online marketplace where shoppers can find “everything but the ordinary” announced last week that it has acquired 1000 Markets, and will now be known as Bonanza. To complete the changes, the site has been redesigned to make it even easier to list and buy, and the combined company can now be found at www.bonanza.com.

CEO Bill Harding has every right to be proud of what he and his team have achieved so far. Setting up a new online marketplace on a shoestring budget was never going to be easy, but just two years after its launch, and after attracting $1,000,000 from prominent investors, Bonanza now has 300,000 registered users with over 3.4 million items for sale, and sales have increased by 150% this year.

Although it’s likely to be some time before they reach a point where they can compete head to head with the likes of eBay and Amazon, Bonanza could be a useful additional selling platform as we enter the busy holiday selling season.

We at Online Auction Ideas wish Bill and the team every success as they enter into this exciting new phase in their development :-)

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