This question came up during the Q&A:
"Are there different prices depending on the location of the customer?"
And I answered something like "the customer's location is irrelevant because Snapup buys the product from the manufacturer and delivers it through dropshipping, therefore Snapup's location decides the price."
But after applying a different point of view I realize it could be profitable for Snapup to do geographical arbitrage, by buying products from the cheapest location (eg. China as opposed to Estonia) and displaying a different base list price based on the user's location. Has Snapup thought about this opportunity?
"Are there different prices depending on the location of the customer?"
And I answered something like "the customer's location is irrelevant because Snapup buys the product from the manufacturer and delivers it through dropshipping, therefore Snapup's location decides the price."
But after applying a different point of view I realize it could be profitable for Snapup to do geographical arbitrage, by buying products from the cheapest location (eg. China as opposed to Estonia) and displaying a different base list price based on the user's location. Has Snapup thought about this opportunity?
At the beginning, products will be bought and shipped in the nearest location to the customer who has been assigned a Snap for that product.
This will allow our customers to receive the products in the quickest way possible and help build a positive brand awareness for the Company.
We want to offer a premium experience to all the people who join our platform, and want the shipment to be handled by the best retailers, that also offer great customer support in case any problem arises with the shipment or with the product itself.
Having that said, as you can read in Chapt. 7 of our whitepaper "How will the value of Snapcoin increase?" We expect our partnerships with retailers to become more advantageous for us as the volume of our annual turnover increases.
Hope this answers your question
Alex - CEO @ Snapup ltd.
The bolded part above is probably the most important aspect of snapup. Good customer support goes a long way, it instills a lot of confidence in the consumer.
