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UK users get to sell gear on Amazon

Last week Amazon.co.uk launched an online marketplace that allows consumers to buy and sell their own new or used goods alongside...

By

Daniel Thomas

Published: 28 Mar 2002 9:17

Last week Amazon.co.uk launched an online marketplace that allows consumers to buy and sell their own new or used goods alongside Amazon stock - with the site taking a 15% commission.

The move is indicative of the retail sector's desire to build new revenue streams to shield them against possible further downturns in consumer spending.

Amazon hopes the service, known as Marketplace, can repeat the success achieved in the US. The service, which went live in November 2000, was responsible for 15% of all Amazon.com orders in the fourth quarter of 2001.

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UK users get to sell gear on Amazon

Last week Amazon.co.uk launched an online marketplace that allows consumers to buy and sell their own new or used goods alongside...

Read more on E-commerce technology

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