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B2B surplus stores move online

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A venture selling everything from surplus IT kit to boats on the Web has launched for Business punters in Europe. Started last week, Eurosurplus.com is hoping to flog a diverse selection of goods via the cybermarket, including IT equipment, furniture, food and even ships. Sadly there were no products listed under the computer products heading today. But there were some interesting goods in other sections – anyone wanting 5,500 left-handed scalpels, currently residing in Birmingham, has until April 30 to put in their offer. Alternatively, a batch of 22,500 assorted ladies fashion handbags, curiously also in Birmingham, is waiting to be snapped up for € 82,229 (£50,000). Site founders Eurosurplus will take 5 per cent commission on all goods sold and there is no other charge for sellers or buyers. The venture is backed by venture capital from Magnum Funds and GlobalNetFinancial. US company Powersource obviously had a similar idea and is signing up 1,500 distributors, resellers and service companies worldwide for powersourceonline.com site. They will trade in surplus, obsolete, used and hard-to-find computer and telecomms gear via cyberspace. It is also offering a service called PowerAuction, aimed at end-users who want to bid for computer stock. The company claims its pre-launch pilot in February generated $3.2 million in bids on around 350 auctions for hard drives, printers, laptop computers, memory, networking equipment, monitors and accessories from more than 800 subscribers.® Related stories Dell boys flog bin-ends on UK auction site AMD prices slashed by Danish firm

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