LONDON, November 24 /PRNewswire/ --

- The countdown is on as best eBay alternative shares major milestone success with sellers

On the brink of a major milestone, eBid.net announces today that it is awarding a cash bonus of GBP 1,500 to the successful seller that lists the 2 millionth item on its site.

Says Co-founder, Mark Wilkinson: I am delighted with the pace of our growth and this promotion is our way of thanking customers who are joining us in substantial and consistent numbers enabling us to record double digital monthly growth ahead of the market.

According to internet monitoring firm, Hitwise, with the current economic climate, price sensitivity is driving more visitors to websites. Over the past twelve months, online searches for the term second hand have increased by 22%. Online spending is expected to rise to 10% of total retail sales by 2010.

The two millionth listing applies only to individual items and not those entered in bulk to give all users a fair and equal chance to win. Sellers can have fun guessing, watching and trying to capture the prize by counting down the listing figures featured on the homepage at eBid.net which will be updated regularly throughout the day so that anyone and everyone can have a go at winning the jackpot.

This promotion is part of eBid's marketing strategy to drive new customers to its site and create a buzz about its business.

About eBid.net (www.ebid.net)

Founded in 1999, eBid.net is now a global company with a presence in 18 territories across the US and Canada, UK, Africa, Asia and Australasia. With a commitment to person to person online auctions, eBid.net is recognized as the 'best eBay alternative' by Web User Magazine. (http://www.webuser.co.uk/sites/site_review.php?rev_id=4615)

Helen Downey, Michelle McKay, Downey McKay Marketing, +1-954-804-1941, helen@downeymckay.com, both for Hitwise