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Topic: The problems ApolloX is solving (Read 143 times)

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August 28, 2018, 09:18:17 AM
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The problems ApolloX is solving
Even though the rise of e-commerce is a leap forward in regards to offline shopping, it still has significant downsides for the users of e-commerce platforms.
Trust is expensive
Establishing trust between two parties is very difficult in an online environment. Therefore, reputation and dispute settlement arrangements have become essential for e-commerce, both of which are provided by the well known online shopping platforms. Buyers know they can trust these platforms and enjoy a secure e-shopping experience, however, both buyers and sellers are paying the bill.
For example, sellers have to pay Amazon at least 15% of sales just to be listed. Even though e-commerce platforms do provide solid services to their sellers, they handsomely overcharge them for this. This is because platforms such as eBay and Amazon know that sellers almost have to use them to reach a sizeable audience. Costs for just running a storefront range from 10 to 25% of the gross sales.
this is one of the problems Apollox is solving
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