Bonanza is quickly becoming one of the most popular peer to peer marketplaces, rivaling websites such as eBay, Tophatter, eBid.net, and other popular only auction and marketplaces. As seems to be the business strategy with other eBay rivals, Bonanza has taken a “seller-centric” approach to building an enormous catalog of sellers worldwide. For the end user (you!), this means lots of variety in the types of items for sale in this marketplace. Much of which you probably won’t find anywhere else. Please keep in mind that Bonanza is NOT a penny auction website, but an online marketplace similar to ebay.
Competition: None, no bidding is needed
Bonanza Coupon Codes: Not needed
- Bonanza Address: 3131 Western Ave Ste 428, Seattle, WA 98121-1028
- Phone number: (206) 588-5849
- Facebook: facebook.com/BonanzaMarket
BBB Rating: A+
Editor’s Bonanza Review
Bonanza is just like eBay, except a much newer option born with a goal of creating a marketplace where anyone can sell and items seem a bit more unique. If eBay and Etsy were to get married and make a baby, Bonanza would be the result. In short, Bonanza is an online marketplace featuring tens-of-thousands of sellers from around the world. The website offers both new and used products in every category. As a buyer, you’re given the chance to purchase both unique and run-of-the-mill items. As a seller, it’s basically the same as eBay except without as many seller fees.
Please note that Bonanza.com is NOT a penny auction. That’s right, NOT a penny auction.
Bonanza Marketplace Features
Bonanza.com differs from penny auction websites in a few ways:
- Non-Auction Format: Bonanza is not an auction website, it’s a marketplace where you do not compete (bid) for an item.
- Free to participate: All auctions are free to participate in. The consumer only pays when she/he wants to buy an item.
- Private Sellers: Products sold on Bonanza are done so by other vendors. So there are basically thousands of vendors auctioning products at all times.
- High Volume: At a glance, there seems to be about 250,000 items for sale across almost every shopping category.
Common Bonanza Items
- New items
- Used items
- Fashion (cloths, jewelry, hats, winter cloths, etc.)
- Electronics (consumer electronics, home made electronics, name brand electronics)
- Home goods (home decor, gardening, etc.)
- Collectibles (sports memorabilia, etc.)
- Pet supplies
- Really, everything else (look now)
Bonanza Shopping Tips
- Watch the seller: Bonanza is not a retail company. They are a website. All items for sale on Bonanza.com are sold by third party sellers. Some are great, some are not. Ready seller reviews (link to seller reviews on each auction page) BEFORE buying.
- Shipping cost: Items come from all over the World and shipping can be expensive. Again, look for the shipping costs charged by sellers on each product page.
- Shipping time: Same as above, items shipping across the World will take time (weeks) to arrive.
Bonanza Marketplace Shipping and Fees
Bonanza sellers are responsible for setting their own shipping fees. It’s important that you the buyer review the shipping costs and time for each item that you are puchasing. We cannot stress this enough. The most common bad review of the Bonanza website is complaints about shipping. Don’t buy from sellers if you aren’t okay with the shipping cost or time!
Is Bonanza a scam?
We don’t think so. Bonanza is an online marketplace full of great and terrible sellers. Read seller reviews, buy what you like. The simple way to avoid feeling taken.
Bonanza Pros and Cons
- Bonanza Pros: Free to shop, huge wide selection of products, some unique stuff to buy.
- Bonanza Cons: Shipping can be timely and expensive, seller reputations vary greatly but are easy to see on the website.
Here are some of the most commonly asked questions about the website, Bonanza.
Yes, instead of ‘adding to cart’, Bonanza shoppers can add to ‘wishlist’ for later purchase.
Bonanza requires users to log-in and upgrade their account to access their official customer support line. For most of us, support is only available via the support portal.
On Bananza, a top-rated seller is one who essentially has a great reputation. We recommend only working with top rated sellers if you want to be on the safe side in terms of product quality and vendor reliability. Top Rated Sellers:
- Have 98%positive feedback
- Have been selling on Bonanza for 90+ days
- Have sold at least $250 in goods with 25+ transactions
- Have a refund rate of less than 20%
Look for the following logo on auction pages to ensure that the seller has the ‘Top Rated’ designation.
Yes, Bonanza.com offers a shopping app which is available on both the itunes and Android stores. You can shop either online or via the Bonanza mobile app.
FREE AUCTIONS & E-COMMERCE COMPARISON TABLE
|Website||Editor's Rating||Type||Best Features|
|Read Review||Free Auction, |
|Various product categories from jewelry to electronics featuring high paced auctions, with Buy It Now options.||@tophatter|
|Review Coming Soon||E-commerce||Huge online marketplace, many perks with prime membership including 2-day free shipping||@amazon|
|Read Review||Penny Auction||Many auctions available from TV's to home appliances, featuring beginner auctions, free shipping, good reputation.||@dealdash|
|Read Review||Free Auction||Largest marketplace to find online auctions, with many categories, offers buy it now and promotions||@ebay|
|Read Review||Free Auction,|
|Offers products across all categories, similar to eBay, less expensive for sellers so slightly lower prices.||@bonanza|
|Read Review||Paid Auction||Gold auctions free bids with seat auctions starting at $1, “Take My Profits” option to cash out.||@goldiq|
|Read Review||Free Auction||Many auctions are available in all categories, unique product offering.||@ebid|
|Read Review||Free Auction, |
|Offers vacation & travel auctions, excellent Deal of the Day section with unique buy it now offers.||@ubid|
|Read Review||Free Auction||Steal of the Day section, various categories with authentic police seized, stolen, abandoned and surplus goods.||@propertyroom|
|Read Review||Penny Auction||Special events to win extra bids, prizes, or other incentives, shipping is free, refer-a-friend program to earn free bids.||@orangebidz|
|Read Review||Penny Auction, |
|Free shipping on almost everything, auctions available in many categories laptops and tablets to purses and jewelry.||@quibids|
|Read Review||Penny Auction, |
|Primabids store where you can buy it now, winners can re-sell products which they’ve won, gift cards, games, and many other products.||@primabids|
|Read Review||Penny Auction||Beginner Auctions, buy it auctions, offers auctions in many categories and discounts for new bidders.||@wellbid|
|Read Review||Free Auction||Offers government Auction information for thousands of yearly government auctions, bank foreclosure, car, truck, and other automobile auctions||@policeauctions|
Bonanza Shopper Ratings and Reviews
Submit your review
They will not post a notice on their website that if you have to return your purchase or want a refund that you have to deal directly with the manufacturer/seller. They will not get involved other than to tell you contact PayPal or your bank to try to recover the money for the purchase as many of their seller's are overseas. In my case I bought shoes hand made in Pakistan which I was unaware of where they were being made and shipped from. The mailbox place (the guy is Pakistani) said the manufacturer will never see them as they will steal them in customs plus I will get a bill from the manufacturer as they will send the empty box on to them and say they don't know what happened to the content? It is not like ebay where you return them to ebay and their customer rep deals with you directly on any problem you have. So stay away from this site if you want to lose your money for the goods and the cost of shipping back, in this case if was $100 and another $40 or so for customs in Pakistan! Big time rip off!!!!
I purchased a product from TranD21, who replied immediately that the "in stock" item would be shipped within 24 hours. A week later, still nothing. I reached out through the "help" button, and received a reply to file a claim through PayPal, whom does not deal with disputes. The company should be put out of business for fraudulent practices. Item was never sent and never received. Bonanza Promotes Theft!
I sold on Bonanza for many years and also purchased items on there too. It is a great alternative site to the other well known site. The owners and workers on the site are always more than willing to help if there are questions or issues. There are always bad apples in a box, same with selling sites. Check reviews, profiles, etc. If something seems too good to be true, it probably is.
Bonanza advertises itself as a platform for sellers. The problem is you are paying anywhere from 10-30% JUST to place you item here. THEN you turn around and have to advertise and raise awareness that your item is even there. So please tell me, what the hell are you paying for? Why would you ever consider using this site when you can just go to Ebay and shoppers come to YOU, not the other way around. I placed multiple items on this site over the last month and haven't received a single VIEW. I post on Ebay, immediatey have 40 views and 7 bids on my item. SCAM!
I have tried using Bonanza a couple of times to make purchases and both times ended up getting ripped off ! Had to go through Paypal to get my money back and that takes forever ! Short story is , it works like this : seller opens booth , puts up items for sale , buyer stumbles across it and buys using paypal (or preferred method), seller says they shipped item but you receive no tracking information but they get their money since Bonanza doesnt rquire tracking , then they close their booth and when you try to contact them ......Bonanza's team says in (an auto reply e-mail) " Yeah sorry bout that , looks like you got scammed , take it up with your payment provider. " ( Paypal ) soooo...they pass the buck on back to you to sort it out and move on to the next con . Used Bonanza twice and got the exact same results .......TWICE ! People suck ! Bonanza sucks harder ! Just save yourself some time and use eBay or something trusted .
I recently purchased a motorcycle head through Bonanza
and was not notified that the head had bolts twisted off in it. This lead to having to do a lot of work that would have been better if I had been made aware.
This site is awful...you buy from a seller and if they jack you like mine did Bonaza does nothing i dont even think they screen or monitor people this site is for scammer sellers stay AWAY...
horrible site customer service sucks doesnt help you after you have been jacked by a scammer STAY AWAY they need to be shutdown.
Worst customer service. Never received the product and Bonanza did nothing to solve my case. Worst customer service, never replied to me after sending about 5 emails and after almost two months they said I had to contact Paypal directly to get my money back. Just avoid yourself problems and don't buy anything from them
Scam alert! They take your money and try to take all your passwords and personal information. It is not possible to login unless you click on forgot password and proceed to email (old trick to get your new email login password). Tracking information is just updated weekly by seller saying it will arrive Monday, and then the next Monday. Can't find a phone number on website unless you subscribe to premier membership (whatever that is). There is no way to return items unless you ship them yourself back to Hong Kong and there is no item to send back anyway. Can't cancel orders. You pay with card and they say you pay with PayPal and have you login but they are just trying to get your PayPal password and continue the scam. It wasn't enough that you bought some nonexistent purse but they want all your passwords also. In closing, f*uck these people and their website.