Ebuyer
.svg){kind=logo} Logo used since 2021 | |
| Company type | Private |
|---|---|
| Industry | Computers Computer hardware Software Electronics Consumer goods Gadgets |
| Founded | 1999 |
| Founders | Paul Cusack |
| Headquarters | Howden, East Riding of Yorkshire , England |
| Products | Computer hardware, software, peripherals, gaming, electronics, accessories, DVDs and more |
| Revenue | £136.5 Million (2023) |
| Owner | Realtime Holdings Limited |
Number of employees | 190 (2023) |
| Website | http://www.ebuyer.com/ |
Ebuyer is an electronic commerce retailer based in Howden, East Riding of Yorkshire, England. It is a independent online retailer of computer and electrical goods in the United Kingdom.[citation needed] The Ebuyer website is the 210th most visited site in the United Kingdom [Alexa.com ranking] and has 4 million registered customers.[1]
History
[edit]Ebuyer was founded in March 2000 in Sheffield by Paul Cusack, Mike Naylor, Steve Kay, Neeraj Patel, and Adam Ashmore – with startup capital of £250,000 from Paul Cusack, its annual turnover was in excess of £220 million by September 2005.[2] Stuart Carlisle was its managing director (CEO) from 2014 until resigning in 2015.[3] Paul Cusack resigned in December 2006.
The financial results posted on 3rd May 2024 on Companies House show that Ebuyer (UK) Ltd turnover for 2023 (Year Ended 31 December 2023) was £136.5m with a profit before tax of (£1.7m) (Actual loss for the year). The prior year revenue was £174.25m with a profit before tax of £109k.
Ebuyer (UK) Limited was owned by The West Retail Group from 2004 to 2023. West Retail is also the parent company of Wren Kitchens and the ultimate controlling party is Malcolm Healey.[4]
As of April 2023, Ebuyer was purchased from The West Retail Group by investor Mark Reed and Richard Marsden via Realtime Holdings Limited. Richard Marsden was appointed the CEO.[5]
Security
[edit]In July 2008, Gavin Brent, from Holywell in Flintshire, North Wales admitted stealing goods worth £20,000 from the firm before returning the goods, and demanding full refunds.[6] Brent, whose suspicious transactions were spotted by Ebuyer's security team, went on to conduct an online campaign against the company and the investigation. This included menacing Ebuyer staff and a police officer from Brent's now-defunct blog.[7]
Barton Town F.C sponsorship
[edit]Ebuyer is the official floodlight and short sponsor of Barton Town F.C. from Barton-upon-Humber.
Controversy
[edit]During 2005 Ebuyer had significant customer service problems. Sheffield Trading Standards received 282 complaints about the company, and the customer service phone number had been removed from its website. After this, the firm promised to improve its service, and restored the customer service number to its site. Average daily telephone wait times are published. [8]
On 28 November 2011, Ebuyer ran a £1 promotion via email, offering new deals on the hour until midnight. Ebuyer angered customers when their website was unable to handle the extra traffic, causing it to crash.[9] When the website did work, many customers were emailed after successfully ordering and paying for items, only to be told they were out of stock. Many customers vented their anger at the company on their Facebook page, however Ebuyer ran a campaign on their customer forums in an attempt to counter the bad publicity.
In December 2013, Ebuyer posted pictures to Facebook of its staff wearing Christmas themed jumpers. However, a Facebook user named Phil spotted that one of the images contained a leaderboard in the background that suggested that Ebuyer staff were rated on the number of returns that they reject. Ebuyer responded to these accusations by stating that these were return merchandise authorizations (RMAs) avoided by providing technical advice.[10]
References
[edit]- ^ "Information about Ebuyer and its services | Ebuyer.com". www.ebuyer.com. Retrieved 17 November 2017.
- ^ "Etailers eat away at Dixons". The Guardian. 22 September 2005. Retrieved 8 October 2019.
- ^ "Ebuyer MD Carlisle exits following board level bust up". The Register. Retrieved 8 October 2019.
- ^ Young, Angus (20 February 2020). "East Yorkshire's richest man made eye-watering donation to the Tories". HullLive. Reach. Retrieved 11 April 2020.
- ^ Laister, David; Johnson, Paul (6 April 2023). "East Yorkshire's richest family sells huge retailer Ebuyer.com". HullLive. Reach. Retrieved 15 October 2023.
- ^ "Hacker admits online shop thefts". BBC. 25 July 2008. Archived from the original on 15 February 2009. Retrieved 8 October 2019.
- ^ "Blogger fined for 'menacing' rant". BBC. 29 April 2008. Archived from the original on 2 May 2008. Retrieved 8 October 2019.
- ^ "Ebuyer promises to be better". Channel Register. 21 July 2005. Retrieved 8 October 2019.
- ^ Kunert, Paul (30 November 2011). "eBuyer £1 sale fail: Customers vent fury... on Facebook". The Channel. The Register. Retrieved 15 October 2012.
- ^ "Ho, ho, HOLY CR*P, ebuyer! Etailer rates staff on returns REJECTED". The Channel. The Register. 24 December 2013. Retrieved 8 October 2019.