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About XBit LLC
XBit LLC started as RAY Products in February of 2016. RAY Products was the unofficial business name of owner Rick Yoder's online Amazon store. The online store had a large variety of products that Rick sold on behalf of other people; Rick simply took a cut of the net sales. After only a few months of sales, Rick cut ties with the people he was selling for and decided to sell products on his own. XBit LLC was officially organized in October of 2016.
XBit started out selling on eBay and Amazon, but eventually cut ties with Amazon due to restrictions Amazon places on its sellers. Owner Rick Yoder also created a few Google Chrome apps and sold them under the XBit name on the Google Chrome Webstore. Revenue was mainly from eBay. In the spring and summer of 2018, XBit also had a stand at the historical Zerns Farmers Market in Gilbertsville, PA, and the company began selling things on Facebook Marketplace and Craigslist.
In 2019, XBit started to sell mainly on Facebook, Craiglist. The 2020 COVID-19 pandemic saw a spike in revenue with an increased demand in computers, namely laptops. Today, the majority of the company's revenue has been coming from eBay, but owner Rick Yoder is looking to connect with more local buyers in the summer of 2021.