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by richardv 4824 days ago
To a lot of sellers, this is going to be a non-starter... The pricing model of 2.5% per transaction plus paypal/stripe fees, means that in liklihood it will only attract casual users who barely make any sales... The pricing is probably fine for these users, but it's priced well beyond the convenience that it offers for established sellers who might just be thinking, "let's give it a shot".

Marketplaces go for the 4-10% per transaction.. but provide payments and the actual exposure on their marketplace... Shoplocket is just providing a widget to integrate...

So ultimately, I only see these guys as going after the really (emphasis) really, small fishes...

1 comments

That's a good point.

99% of wordpress bloggers are just going to consume widget delivery bandwidth and make exactly zero sales. 1% who actually sell will go for services that cost them less. And these would be the ones who are either flat fee (possibly monthly) priced or free.

Today is the great business model to offer base functional services for free and charge for perks and extras.