LabX – Business-to-Business Marketplace for Scientific Equipment

Sep 27 2007

Nanotechnology Area

Forum for new, used and refurbished scientific equipment.

Description of Activities

LabX.com was founded in 1995 to provide a forum where buyers and sellers of new, used, surplus, and refurbished scientific and laboratory equipment could find items, negotiate terms, and complete transactions online.

What is LabX?

LabX is a media service for the exchange of scientific equipment. We neither buy nor sell equipment, but rather provide a means for buyers and sellers to connect.

The LabX Marketplace

LabX has evolved as a highly specialized business-to-business marketplace where scientific equipment and supplies can be bought and sold. Professionals from all industries visit LabX to buy and sell equipment and supplies. While 85% of our customers are from North America, LabX enjoys a worldwide user base that includes Europe, Asia, Central and South America, and Australia.

How Popular is the LabX Site?

Each month, LabX receives over 10 million website hits, more than 2.5 million page views, and 500,000 visitors.

How Effective is LabX?

LabX has grown into a scientific equipment mega-marketplace where approximately 60 million dollars of scientific equipment are exchanged per year via dynamically priced auctions and a variety of fixed price classified ads.

Typically, 60% of items posted as auction ads are sold on our site.

LabX is easy to navigate and very effective in selling, locating, and promoting a wide array of scientific products, companies, and related industry services. We are continually looking for ways to enhance the value that we provide to our customers through new products and features specifically designed to satisfy their overall business requirements.