New British online marketplace to launch

Published on: 25th April 2013

A new online marketplace, OnBuy, will launch in June 2013 to compete with Amazon and eBay.Investors300

Twenty-eight year old MD Cas Paton, who also founded leading UK web development agency, OnTop Media, came up with the idea after years of seeing shoppers’ frustrations with eBay and sellers’ frustrations with Amazon. He decided that an easy-to-use online marketplace, which takes the most successful aspects from both market leaders, would attract a high level of attention.

Developed by a team of web experts, OnBuy has been designed into a simple marketplace, due to its navigation structure. Shoppers are able to search for a product, and then add a bespoke range of filters, while an exclusive discounting structure will enable shoppers to find the best deals on a range of products. OnBuy will offer sellers a unique management service; all they have to do is send over product images and numbers and OnBuy will do the rest; including uploading and managing their inventories, as well as cheaper fees.

OnBuy has secured major investment from one of the UK’s leading IT providers, Centerprise International. The Hampshire-based company was founded in 1983 by electronics engineer Rafi Razzak, and has since grown to become the UK’s number one distributor for Sony, Panasonic, Toshiba and ATI. It is also the longest standing MOD approved IT supplier in the UK.

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