eSnipe is an online auction “sniping” website which allows users to place a bid on an eBay auction during the last 2 or 3 seconds of bid. If a user does not win the auction, there is no charge. The company website also allows users to cancel a bid up to one minute before the auction ends. This in contrast to eBay’s policy which forces bidders to request cancellation from the seller.
eSnip has more than 10,000 bids placed each day and has an average revenue of $16 million each month. The company has more than 50,000 registered users. In December of 2000, eSnipe was put on auction on eBay. Tom Campbell, former Microsoft Program Manager and current eSnipe CEO won the auction via eSnipe.
eSnipeeSnipe is an online auction “sniping” website which allows users to place a bid on an eBay auction during the last 2 or 3 seconds of bid. If a user does not win the auction, there is no charge. The company website also allows users to cancel a bid up to one minute before the auction ends. This in contrast to eBay’s policy which forces bidders to request cancellation from the seller.
eSnip has more than 10,000 bids placed each day and has an average revenue of $16 million each month. The company has more than 50,000 registered users. In December of 2000, eSnipe was put on auction on eBay. Tom Campbell, former Microsoft Program Manager and current eSnipe CEO won the auction via eSnipe.
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