EcommerceBytes-NewsFlash, Number 2282 - May 07, 2010     1 of 2

Bonanzle Founder Talks about New Funding in Podcast Interview

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Bonanzle founder Bill Harding said he has plans to create a calendar to help shoppers find "live auctions" taking place on individual seller booths. While the introduction of an auction format is not on the product roadmap, he didn't rule it out entirely. Harding revealed these and other plans for Bonanzle during a podcast interview with AuctionBytes on Thursday.

Mr. Harding launched his site in 2008 and recently raised $1 million in funding. He talked about his philosophy for improving Bonanzle and about driving shoppers to the site, and said he wants data to guide his decision-making in the same way Google does when it makes improvements to its site.

Harding explains which site he most relates to, eBay, Craigslist or Etsy; discusses social networking sites such as Facebook and how Bonanzle fits into "social shopping"; and explains exactly where he expects to see Bonanzle in 12 months.

You can listen to the full interview on the Ecommerce Industry Soundbytes podcast page.


About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.


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