Starting a second hand quality kids clothes website

MC001 | 15:20 Mon 09th Aug 2010 | Business

8 Answers

I'm about to launch a second hand quality kids clothes website and wondered what people would be prepared to give up as commission on each sale. I thought about offering free and unlimited listings and each seller gives 10% of the sale of the item to the site. Do you think this sounds fair. So for example, if you sell an item for £25, £2.50 is taken as commission and then you're charged an extra 3.4% + £0.20 by Paypal for using it, so you end up with £21.65. It doesn't seem bad. Would love to hear other people's views.

Would I be considered for a business loan if my credit rating is not great?

Requirements for company cross guarantees

Answers

1 to 8 of 8

Best Answer

No best answer has yet been selected by MC001. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

-- answer removed --

MC001

Question Author

Thanks! I will do. Do you think 10% is fair in commission and free to list?

redcrx

how long will listings be for?
Im not sure what ebay's charges are but i think you would need to be able to undercut what they would charge with a reserve price.
would you just be hosting the sales, so seller would need to charge the postage, would they pay commision on that too?

MC001

Question Author

The listings would be until the item sells - no set time. The seller would have to cover the cost of postage and packaging.

-- answer removed --

MC001

Question Author

Thanks for the feedback. The site would be completely different to ebay in look and feel as it would be upper end of high street/designer items and there wouldn't be an auction process. It would be fixed price, so altogether quite different to ebay and nothing like it exists in the marketplace.

boxtops

Why don't you just used fixed price on eBay, instead of setting up another site? several million users worldwide on eBay are already your potential customers!

hc4361

People love eBay because of the buyer protection, the seller protection, PayPal protection.....and even then people are sometimes ripped off and left out of pocket.

If I were to buy an item from your site and it never turned up, or was totally not as described, what would I do? Who would I complain to, seek compensation from?

Would you be handling the listings yourself, photographing the items and posting them out? If not, how will you resolve issues?

1 to 8 of 8

Do you know the answer?