About Me

USBid, Inc., offers customers an international marketplace for obsolete and hard-to-find electronic components. With a network of more than 1,000 suppliers spanning the globe, USBid, Inc., is committed to locating high quality parts with prompt delivery and courteous customer service. Customers make use of company websites to quickly search through an inventory that includes more than 50 million lines of product, finding the exact component for their manufacturing needs. Once an inquiry is placed online, USBid, Inc., provides detailed part quotes with fast response time, often in under a day.

Established in 1998, USBid, Inc., was initially an online auction forum for excess stock of electronic parts no longer needed by the current owner. Its policies put customers first, allowing it to grow within two years into the only component-sourcing site featuring a variety of commerce models. USBid, Inc., also offers a state-of-the-art customer communications system that provides sophisticated tracking, monitoring, and feedback functionalities. This enables accurate forecasting of customer purchasing trends and sourcing requirements. This in turn allows the firm to efficiently secure and offer top-quality working components, saving manpower and time.

An early aspect of USBid, Inc.s growth strategy included the acquisition of Now! Components, Ltd., located in Kettering, England, which provided strategic entry into the European market and enhanced USBids early product offerings to include passive devices such as resistors, capacitors, and connectors. The Now! Components, Ltd., website has been enhanced to include millions of additional components and can be viewed at www.nowcomponents.com.

Another strategic acquisition was the purchase of Worldbase.com (formally eurobase.net). This move established a robust European presence for USBid, Inc., doubling online traffic and bringing over 400 sellers to the website. As a result of these acquisitions, the worldwide client base at USBid, Inc., grew significantly, with sellers taking advantage of a dedicated inventory management system and buyers benefiting from access to 50 million SKUs on a variety of websites in 8 different languages. To access OCM excess and OEM surplus inventory at USBid, Inc., or to become a component seller on the online marketplace, visit www.usbid.com.