Idea - Ecommerce similar to Amazon.com + Shopify.com?

unocash

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Quote from: reynier on April 02, 2019, 06:38:29 AM

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

shopify does accept cryptocurrencies through Coinbase Commerce, GoCoin and BitPay integrations

eternalgloom

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Quote from: Vod on April 02, 2019, 09:24:29 PM

It is a lot easier for Amazon to add crypto payments than it is for you to build what they have.

It's also a lot less likely for Amazon to implement cryptocurrency payments.

That said, the chances of OP to be able to build an e-commerce website that's comparable to Amazon are pretty slim.
I don't know maybe it's possible to build something similar without having to deal with all the stock, I don't know something like drop-shipping from another well-known service, but then you won't be able to compete price-wise.

stomachgrowls

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Quote from: Harlot on April 03, 2019, 12:25:20 PM

Quote from: reynier on April 03, 2019, 10:11:27 AM

Quote from: Harlot on April 03, 2019, 01:34:06 AM

I don't think that the large commissions is a problem that something can be fix by your idea. First off all the commissions handed down by the ecommerce platform is not always fixed most of the ti.e before even a reseller sales its items to the platform they will always enter into a negotiation first. So I really do think having an Amazon version 2.0 for you won't change anything. Another thing is you need to have loads of cash to even steal a market share and resellers from e-commerce giants. You need to have a better idea than this one.

I think the idea of just stealing from you is the market for cryptocurrency payments would be a start.

I'm going to make a demo of the project. I think they are this would give a clearer idea to the points I mentioned. For the truth it is difficult to expose an idea only in text. Visually, it would be better. Grin

Not really, the thing is we have a e-commerce website who is accepting Bitcoin and its name is Overstock, have you seen it overtaking Amazon or Alibababa and getting their market shares? We all know the answer and its a big NO, accepting cryptocurrencies as a payment method will just look like an option for a lot of people and the thing is they will always go to the popular ones with wide selection instead of just going to a website who just accept cryptocurrencies. Like I said you need to be realistic here as your project seems to need a lot of capital.

But theres nothing wrong if he would continue to proceed on the things or into those ideas on his mind but atleast we do give examples to those e-commerce website that
do already imply/applied the idea he's been thinking.He would realized if he would tend to check it out. Grin

Quote from: Vod on April 02, 2019, 09:24:29 PM

It is a lot easier for Amazon to add crypto payments than it is for you to build what they have.

Thats the hardest part on how do you get a marketshare when you see on what kind of competition you are tending to dive in.

AdolfinWolf

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Quote from: reynier on April 03, 2019, 10:11:27 AM

I think the idea of just stealing from you is the market for cryptocurrency payments would be a start.

I'm going to make a demo of the project. I think they are this would give a clearer idea to the points I mentioned. For the truth it is difficult to expose an idea only in text. Visually, it would be better. Grin

Albert Einstein — 'If you can't explain it to a six year old, you don't understand it yourself.' - I see this applying here.

Hmm. You sure you understand what you're trying to build here?

Making a market like amazon will cost billions of dollars, and there already are plenty of alternatives/routes available to pay with crypto on Amazon (Purse) and plenty P2P marketplaces (which suck because they obviously just don't compare to amazon/ebay. see Openbazaar.)

Quote from: reynier on April 03, 2019, 10:07:40 AM

On the contrary, great financing is not required. I think that after you have a draft or a demo of the project you could better the idea itself. But I see it as a great opportunity to adapt to a more the cryptocurrencies that until now ebay or amazon or alibaba have not done.

If not for the huge inventory of items you need to have, you, as an alternative, need to have lots of P2P sellers, and to attract those, you're going to need to spend a lot of money in advertising.
I really don't see any way to turn this into a success without capital.

Harlot

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Quote from: reynier on April 03, 2019, 10:11:27 AM

Quote from: Harlot on April 03, 2019, 01:34:06 AM

I don't think that the large commissions is a problem that something can be fix by your idea. First off all the commissions handed down by the ecommerce platform is not always fixed most of the ti.e before even a reseller sales its items to the platform they will always enter into a negotiation first. So I really do think having an Amazon version 2.0 for you won't change anything. Another thing is you need to have loads of cash to even steal a market share and resellers from e-commerce giants. You need to have a better idea than this one.

I think the idea of just stealing from you is the market for cryptocurrency payments would be a start.

I'm going to make a demo of the project. I think they are this would give a clearer idea to the points I mentioned. For the truth it is difficult to expose an idea only in text. Visually, it would be better. Grin

Not really, the thing is we have a e-commerce website who is accepting Bitcoin and its name is Overstock, have you seen it overtaking Amazon or Alibababa and getting their market shares? We all know the answer and its a big NO, accepting cryptocurrencies as a payment method will just look like an option for a lot of people and the thing is they will always go to the popular ones with wide selection instead of just going to a website who just accept cryptocurrencies. Like I said you need to be realistic here as your project seems to need a lot of capital.

reynier

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Quote from: Harlot on April 03, 2019, 01:34:06 AM

I don't think that the large commissions is a problem that something can be fix by your idea. First off all the commissions handed down by the ecommerce platform is not always fixed most of the ti.e before even a reseller sales its items to the platform they will always enter into a negotiation first. So I really do think having an Amazon version 2.0 for you won't change anything. Another thing is you need to have loads of cash to even steal a market share and resellers from e-commerce giants. You need to have a better idea than this one.

I think the idea of just stealing from you is the market for cryptocurrency payments would be a start.

I'm going to make a demo of the project. I think they are this would give a clearer idea to the points I mentioned. For the truth it is difficult to expose an idea only in text. Visually, it would be better. Grin

reynier

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Activity: 80

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Quote from: shield132 on April 03, 2019, 08:48:50 AM

Quote from: reynier on April 02, 2019, 06:38:29 AM

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

They have high fees but also at the same time they have insane traffic, this is why we agree to pay high fees and sell on amazon, ebay... I know millions of people are coming each day to see products with opportunity to choose seller, it automatically means these number of people sees you too. They don't accept crypto, that's bad but not fatal. Can you provide huge traffic? It requires a lot of finances, really a lot, that's a problem, otherwise creating a similar website is pretty easy nowdays.

On the contrary, great financing is not required. I think that after you have a draft or a demo of the project you could better the idea itself. But I see it as a great opportunity to adapt to a more the cryptocurrencies that until now ebay or amazon or alibaba have not done.

reynier

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Activity: 80

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Quote from: Vod on April 02, 2019, 09:24:29 PM

Quote from: reynier on April 02, 2019, 06:38:29 AM

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

It is a lot easier for Amazon to add crypto payments than it is for you to build what they have.

The problem is not just adding crypto as a form of payment. All you want to sell on Amazon do the loading manually. Apart from that the commissions are very high. Shops are interested in a platform that can create your store without paying initial costs because you do not know if you are going to sell or not. Shopify, Bigcommerce and Wix.com charge you a fixed monthly fee plus commission. Apart from that he has to pay commission in amazon.

My idea is to unify these services. Both the payment record system and the product tracking are transparent in blockchain.

shield132

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Quote from: reynier on April 02, 2019, 06:38:29 AM

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

They have high fees but also at the same time they have insane traffic, this is why we agree to pay high fees and sell on amazon, ebay... I know millions of people are coming each day to see products with opportunity to choose seller, it automatically means these number of people sees you too. They don't accept crypto, that's bad but not fatal. Can you provide huge traffic? It requires a lot of finances, really a lot, that's a problem, otherwise creating a similar website is pretty easy nowdays.

Harlot

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Activity: 1806

Merit: 672

I don't think that the large commissions is a problem that something can be fix by your idea. First off all the commissions handed down by the ecommerce platform is not always fixed most of the ti.e before even a reseller sales its items to the platform they will always enter into a negotiation first. So I really do think having an Amazon version 2.0 for you won't change anything. Another thing is you need to have loads of cash to even steal a market share and resellers from e-commerce giants. You need to have a better idea than this one.

Vod

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Quote from: reynier on April 02, 2019, 06:38:29 AM

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

It is a lot easier for Amazon to add crypto payments than it is for you to build what they have.

eckmar

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How do you plan to merge Amazon and Shopify ? I don't understand exactly, please explain if you can, but it sounds interesting.

reynier

jr. member

Activity: 80

Merit: 1

Hi
I'm thinking of creating an ecommerce project similar to Amazon + Shopify. Currently ecommerce has the problems of large commissions that charge this platform for sales between 2% to 45% commission. Additional none of these platforms accept cryptocurrencies, creating a problem in the adoption of this new market.

For this reason I want to know your answers.

Topic: Idea - Ecommerce similar to Amazon.com + Shopify.com? (Read 243 times)