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by talldayo
682 days ago
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Just a word of advice about marketplaces; they are not as profitable as you might think. Unless you have some way to force people through your service (eg. a legal mandate or technical limitation), people generally won't want to spend money on your store. The larger you try to make your profit margins, the harder it will be to compete with Amazon and Shein. They have profit margins that are razor-thin, alongside special agreements with mainstream payment processors specifically designed to stop you from competing. If you do manage to find a niche, then you're invited to a whole new circle of hell in fraud mitigation and chargebacked invoices. You need a really good idea to break into the current scene. |
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