THE MODEL: A C2C platform
for users to buy and sell second hand luxury fashion articles. Users can upload
their goods which other users can view and purchase. Businesses are also
allowed to upload their products.
STARTUP: Privategriffe
(Italian startup)
WHAT I LIKE
Core Idea – Second
hand marketplace is great as sellers can get some value for their old articles
and buyers can make purchases at lower prices.
Value Additions for
Customers – For Buyers, the startup checks the product, ensures that the
product is as per specification and then delivers the product. For sellers, the
startup organizes all logistics.
CONCERNS
Profitability – As in first hand ecommerce as well,
profitability will remain a concern for the startup. Logistics, packaging and
other overhead costs tend to eat up margins.
Hi,
ReplyDeleteSome are mandatory from the outset while others are just a good idea, but dealing with them up front will save you time and headaches down the road
Drop shipping Ecommerce Website Development