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UK based marketplace OnBuy are all set to launch a massive £25 million Black Friday Price Drop. On the 29th of November OnBuy will host a website-wide price drop with all products reduced by up to an astonishing 80%. The cost of these discounts will not be taken by the sellers alone. OnBuy themselves are discounting its sales fees by up to 100%. This means that sellers are able to add their best Black Friday deals for buyers.

Our selling fees come straight off the product price on OnBuy, so every product will have a discount. Our fee discount alone equates to over £25m – and that’s without the sellers’ offers being counted! Even more discounts will be offered by our sellers on many popular branded products. Unlike Amazon, we won’t be competing with our own sellers on Black Friday, or any other day of the year for that matter.

For us, Black Friday is all about giving buyers fantastic opportunities that don’t come at a cost to the seller. Many sellers have already submitted great offers for Friday, so with our £25m price crash we have some of the best deals in the UK – we’re planning to make this Black Friday a record breaker!”
– Cas Paton, founder and MD, OnBuy

If you are already selling on Onbuy then be prepared to launch some of your greatest deals in time for Black Friday! For those who are yet to sell with OnBuy now is a perfect time to dip your toes into the water.

Previous Black Friday have seen shoppers save money when buying products ranging from electrical’s to fashion accessories. An article posted by the BBC predicts that on average consumers will spend over £2000 each in the lead up to Christmas with much of that expected to be spent throughout Black Friday as they rush to get the best possible deals

“We know that our competitors will look to create urgency in their customers by changing the length of their Black Friday discounts. For us it’s very clear: the sale will be 24 hours only. So, to land a great bargain that sees no added costs to the independent business sellers we support, we advise online shoppers to get to OnBuy.com early doors on Black Friday morning.”
– Cas Paton, founder and MD, OnBuy

With OnBuy making it clear that their sale will be on the Friday only, those who sell online should get ready as soon as possible to take advantage and list their products for the sale today! If you’re curious about how to start selling with OnBuy and would like advice from ecommerce experts contact the team at OnePatch.

Ross

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