To establish an e-commerce platform akin to Amazon, consider the following customizable clone scripts: 1. RadicalStart's Amazon Clone Script Customization: Offers 100% unencrypted source code, allowing full customization. Features: User-friendly interfaces for buyers and vendors. Comprehensi...
The actual process of this is based on the company policy. I deal with some companies that will not mix the two types of income at all, while other companies treat all of it as earnings. As far as the legality of it when you receive the funds, it is totally up to the applicable tax laws for you...
I have designed a few of these online marketplaces and I can tell you from experience that in this day and age, phone numbers are a deterrent on a signup form. I advise against it and agree more with the cons. However, that does not mean that you cannot get feedback from students. Form the past ...
First of all, congrats on starting your business! I was head of product for a marketplace company in the hiring space for 4 years so I have a significant amount of experience building a marketplace similar to yours from the ground up. I also know how challenging it can be to reach your customer b...
What type of product would you be selling in EU? There are quite some specialised, regional platforms. Coolblue is another Benelux platform e.g.
Strange, I answered this question a few days ago here: https://clarity.fm/a/2890 but this seems to be a repost of the exact same question. Andrew's comments are spot-on about building a waiting list while you build your product. You want to be able to point to a meaningful uptake of customers...
You need to stock the shelves with products that your customers want to buy, but you don't need to create a Wal-mart size store right away. You are right to focus on one local market first. Figure out how many transactions you need to prove product/market fit and then work backwards. If you ne...
You would include all those lines in your revenue. Typically this looks like: Receipts: [full cash inflows] Fees: [payouts to vendors] Gross Receipts: [subtract] This ALL does into the Revenue category, so that your stated revenue is indeed net of fees, but you can see how it breaks out to und...
On the positive: 1) Consignment stores often work on this type of loop. Bring a bunch of clothes, hope they sell, and apply the store credit to new purchases. Well-run consignment stores optimize to minimize their net cash payouts. 2) There are definitely clothes shoppers who feel they shou...
Identifying user personas is critical to your agenda. I originally come from South Africa, where the best "tech" startups are fundamentally copies of successful businesses in the USA or EU. The advantage, of course, is that they can copy many of the aspects of the original market leader: UX, UI...