Looking to start a store like amazon - page 2.

Kprawn

legendary

Activity: 1904

Merit: 1074

I think the concept of a decentralized market place, like it was done with Openbazaar is too complex for the ordinary person to comprehend. They

already have very successful centralized services like Amazon and eBay and they cannot see the benefits of a decentralized market place. If you can

create a smaller version with reliable escrow services and also a service that only allows the sales of legal products, then you would make some

profits. Wink

This will take a lot of hard work and a lot of money to grow bigger...

btccashacc

legendary

Activity: 1120

Merit: 1000

Quote from: Mullac on November 07, 2016, 10:55:53 PM

Hello, I am looking to build a store like amazon a place where you place an order and pay with bitcoins. What do you guys think?

There are many similar site out there but sadly they're not going well, even there is decentralized marketplace like openbazaar, however you could start your own store like amazon but you must have big capital especially in promotion budget due to so many competitors out there, i recommend you to build something unique or maybe similar like purse,io where you can purchase something on amazon but pay with bitcoin, or just focus on selling bitcoin things.

Red-Apple

hero member

Activity: 1470

Merit: 655

the biggest issue that i can think of is "trust" because a bitcoin based trade is irreversible and also hard to track which makes it a good place for all kinds of scams.

although there is a solution for that which is called escrow. the website can act as one or even have a place for people to sign up for becoming an escrow.

i say you should offer better deals than sites like Amazon and you can become successful. but it takes a long time.

Suh

full member

Activity: 146

Merit: 100

eBay and Amazon are both very tough competition to try to pull people away from. It's not impossible, but it would take an excellent strategy and lots and lots of time and money.

shield132

hero member

Activity: 2352

Merit: 905

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Quote from: Mullac on November 07, 2016, 10:55:53 PM

Hello, I am looking to build a store like amazon a place where you place an order and pay with bitcoins. What do you guys think?

We think that it's good idea but it need huge amount of money and I think you know it of course. Can you explain what type of store are you going to make? Are you going to make ebay or amazon affilated website where people can order some thing with bitcoin, I mean it will be possible to buy amazon things with bitcoins? Or are you going to make new store, because it's really huge expense, but income is great in near future. Of course we like your idea man but it's development and success is difficult because there are so many concurents.

InitcoiN

newbie

Activity: 51

Merit: 0

Not bad idea to start soon.
Big enterprise needs time to make important changes its business plan to something that could disrupt its own business cashflow by unforeseen long term problems... They would be into testing phase by now or maybe not. Here is where you make your asumptions and start developing something. You could easily shift your business cheaply while you remain a small startup/business.
Just build something you would like to find built for you ..

ricku

full member

Activity: 210

Merit: 100

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The idea is good but not original because there are many similar websites but you might make a difference if you can monetize it with your own crypto and probably give people some incentives for some people in order to expose your site to them.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

There's some list marketplace like you want to build, although mostly they sell digital goods.
Maybe you should to have an ability to sell physical goods too, with good features, secure system and the trust is the most important thing to run marketplace site. Get involved with trusted people here, especially escrowers here who probably can help you out.

Mullac

newbie

Activity: 3

Merit: 0

Have you got any suggestions to what the community would like to see. Also i brought a domain already called BitSold.

cruguy

member

Activity: 98

Merit: 10

That is old and already there are sites which give 20% discount also which accepts bitcoins as payment and ordering with bitcoins.

Try something new.

Mullac

newbie

Activity: 3

Merit: 0

Hello, I am looking to build a store like amazon a place where you place an order and pay with bitcoins. What do you guys think?

Topic: Looking to start a store like amazon - page 2. (Read 1824 times)