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by SJC_Hacker
796 days ago
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I don't think its a great business plan. Its basically an online pawn shop, but the company has to take your stuff. Warehouse space costs money unfortunately. Stuff that doesn't get sold, and its probably going >90% of items, has effectively negative value for the company, and then you add on transport fees. People overestimate how much their stuff is worth. Take furniture. Since it costs > $1000 for decent pieces, people think they can resell it. Except in certain rare circumstances, used furniture is effectively worthless, even negative value when you take into account you have to pay people to haul it away, like I did a few times when I moved. Even though THEY would never buy used furniture, they always think "someone" will. And it goes the same for alot of used electronics. Cars seem to be the exception, but there's already goodish solutiosn for those CarMaxx, etc. |
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