DDD
Well-Known Member
I'm thinking about starting a new business on the internet and I do not really grasp how the sites work. Yeah, lol, I know it sounds strange to consider jumping in with-o true understanding! Yes, if I decide to really research the idea I will get professional help.
Meanwhile maybe you all can provide some groundwork answers. My idea is to set up a purchasing web site for parts (my specialty), The premise is that businesses have overstock and obsolete parts that are collecting dust. Particularly in this economy they are eager to get rid of them but don't have potential buyers in their area. So...if a site was established that listed those parts a new market would open.
If you buy from one of the mentioned sites as I understand it the item is listed for sale. The sellers ship directly to the purchasers and prepay for the items. Do the sites make money by having sellers pay for their merchandise inclusion? Do the sites take a percentage of the sale price? What about the return of goods...is it allowed? what procedure is used?
I'm assuming the income from a few different levels. Advertisements can be sold on the site. Perhaps the sellers (who would be stores) pay a monthly or annual fee to be included? The shipping store would have payment assured by credit card or Paypal to assure qualified buyers? As the site owner would a percentage be paid by credit card for making the connection? i know there is an important niche there but don't know how complicated it would be to take it on with assurance of payment.
Gee, it's a shame I'm not an experienced shopper. I know alot more how to sell than how to buy! thanks for any input. DDD
Meanwhile maybe you all can provide some groundwork answers. My idea is to set up a purchasing web site for parts (my specialty), The premise is that businesses have overstock and obsolete parts that are collecting dust. Particularly in this economy they are eager to get rid of them but don't have potential buyers in their area. So...if a site was established that listed those parts a new market would open.
If you buy from one of the mentioned sites as I understand it the item is listed for sale. The sellers ship directly to the purchasers and prepay for the items. Do the sites make money by having sellers pay for their merchandise inclusion? Do the sites take a percentage of the sale price? What about the return of goods...is it allowed? what procedure is used?
I'm assuming the income from a few different levels. Advertisements can be sold on the site. Perhaps the sellers (who would be stores) pay a monthly or annual fee to be included? The shipping store would have payment assured by credit card or Paypal to assure qualified buyers? As the site owner would a percentage be paid by credit card for making the connection? i know there is an important niche there but don't know how complicated it would be to take it on with assurance of payment.
Gee, it's a shame I'm not an experienced shopper. I know alot more how to sell than how to buy! thanks for any input. DDD