Bidz | Bidz.com Online Auction Company Information

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Ranked #44,372 in Shopping, #545,407 overall

Bidz.com: The No. 1 Fine Jewelry Auctioneer Online

Bidz.com, the largest online jewelry auction, is the second most popular jewelry site on the web. People from around the world are able to bid on name brand jewelry including necklaces, earrings, bracelets, rings and watches at prices well below retail value.

The site is conveniently broken down into specific search categories, allowing shoppers to easily find the jewelry items they are searching for. The fine jewelry found on the site includes diamonds, emeralds, rubies, sapphires and other precious gemstones all created into stunning pieces set in gold, white gold or sterling silver.

Bidz.com from Inception to Today 

Auction Site Gains World-Wide Appeal for Continued Growth

In 1998, David Zinberg founded Bidz.com hoping to turn his auction site into a leading competitor for online jewelry sales. Zinberg has served as the company's President, CEO and Chairman of the Board of Directors since its inception. The site was officially launched in 1999, when it began its journey to becoming the second largest jewelry website.

Today, Bidz has a customer base of several million registered bidders world-wide. At the beginning of 2008 alone, 150,000 new bidders registered. Over 10,000 items are sold per day, and the average shopper tends to spend just under $200 and purchases about three items per visit. Bidz.com customers are repeat shoppers.

Bidz.com has been a publicly traded company on NASDAQ since 2007.

Bidz Introduces Sister Site - Buyz.com 

Buyz.com to Offer Create Your Own Jewelry Section

Bidz.com recently introduced their retail sister website, Buyz.com, which offers terrific low fixed prices for high quality gold, silver and brand name jewelry. Buyz will eventually offer customers the option of designing their own custom jewelry, including diamond, ruby, emerald and sapphire set pieces.

Inexpensive Fine Jewelry Prices are a Dream Come True 

How These Low Prices are Possible

The ability to offer these fine jewelry items at unbelievably low prices is attributed to the efforts of manufacturers, wholesalers and retails trying to liquidate unsold inventories.

Bidz and Buyz customers benefit from the company's ability to purchase quality jewelry at extraordinarily low prices from wholesalers around the world. The inventory for these sites is closely maintained, allowing orders to be processed and delivered quickly.

by WSA

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