IT e-tailer Dabs.com has developed a new trading hub, Dabsxchange, offering discount priced equipment to customers.
Published: 14 December 2000 17:19 GMT
The new site is aimed at boosting stock clearance. Equipment will be initially offered for sale at the normal retail price, subsequently dropping by a pre-set amount each day. Customers can buy at any time depending on availability.
The new site will also allow customers to sell old equipment online. Dabs hope the site will significantly raise monthly sales, which are already over £5.5m.
Dabsxchange was developed by the FairMarket network, a collection of auction websites including Dell UK, MSN, Excite, Virgin.Net and AdTrader.
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