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Search results

  1. M

    How did WayFair become so successful so fast?

    WEB/DIGITAL 
    I didnt realize they had a huge number of stores and products and then just consolidated them all into a 301 into Wayfair in 2011. Now I know. thanks all
  2. M

    How did WayFair become so successful so fast?

    WEB/DIGITAL 
    I have an e-commere store that is struggling to grow. I'm researching other stores and have been hearing a lot about WayFair.com here is their websites history: https://web.archive.org/web/20110401000000*/http://www.wayfair.com/ When you look at the history of Wayfair.com its...
  3. M

    Ask me anything about eCommerce (2012)

    GOLD! 
    Biophase about niching, for an online store would you pick a niche in: 1. A major category i.e.; Toys 2. A niche i.e.; Toy Cars 3. Or a microniche i.e.; Ferrari Toy Cars
  4. M

    Is there an e-commerce problem that Amazon and eBay don't solve?

    I've been advised to focus on comic books, Im hesitant because its a small market and hard as hell to gain traction. I've never seen a comic book on the cover of ebay. I don't understand what that means. Giving sellers access direct access to buyers? Not sure what that means. Very...
  5. M

    Chicken & Egg: How to solve?

    Get some people to try your new service for free, and use that experience and their feedback to test it and work the kinks out. Ask them for feedback and say "Naturally we love compliments and will use them in our marketing".
  6. M

    Is there an e-commerce problem that Amazon and eBay don't solve?

    Thats the reaction I've been getting from other people and showing it to investors. I thought I was solving a problem by charging a smaller fee than eBay, but when I talk to sellers they aren't that interested. Even though they complain, they still sell with eBay.
  7. M

    Is there an e-commerce problem that Amazon and eBay don't solve?

    Im trying to identify a "marketplace" need that eBay doesnt cover. I've spent time putting together a marketplace and Im met with constant friction on it. 100% of the time I'm asked this question: "How are you different from eBay? 50% of the time I'm asked this question: "Why does someone need...
  8. M

    Realistically, is there still money in publishing mobile apps?

    SAAS / APPS 
    Great intelligent responses to this. I was just seeing things like it was a "Goldrush" for the app market, and then seeing the other side with developers who are having a hard time selling their apps so wanted to get a fresh perspective. Thank you both
  9. M

    Realistically, is there still money in publishing mobile apps?

    SAAS / APPS 
    So I work in Mountain View and hang out with developers, many are iOS devs. They are all broke. Some of them have been making apps for over a year and none of them hit. They are middle aged men who are renting shared rooms very far away from Mt View to scrape by. Some are living in rooms on...
  10. M

    Ask me anything about eCommerce (2012)

    GOLD! 
    Thanks Viralweb, You just walked in and offered to list their products on your website? And told them you'll take a commission from it? I have some thrift stores near me, and some comic book shops, toy stores, etc. thanks
  11. M

    Ask me anything about eCommerce (2012)

    GOLD! 
    Wow nice! How did you decide which niche to go with? I've been paralyzed by this question for weeks
  12. M

    Should you mention your competitor if they are a huge company?

    Here's what Jessica Livingston of Ycombinator says. Now I know Fastlane Forum is about building your own successful business and not necessarily about going to incubators and VC's, but it's a perspective from a very successful person in the trenches. http://www.youtube.com/watch?v=66_obXGqt4o...
  13. M

    Should you mention your competitor if they are a huge company?

    If your business competes with a huge well known business, should you mention them as your business model? For example i look at https://duckduckgo.com and the first question they get asked is "How are you different from Google" Their answer is basically that "Google tracks you, we don't"...
  14. M

    Where can i find a start-up partner?

    Check business sections on Meetup.com, best website ever. Im from Boston and I know there are some huge business groups with amazingly talented people in that area you can connect with. If you join a group and RSVP to an event it lets you post what you're looking for. My advice is to be direct...
  15. M

    Can your phyiscal location hold you back?

    GetRight, I'm from Fort Lauderdale Florida and I know *exactly* how you feel. For me I felt the people in South Florida were slower paced and I felt that living in a beach non-business community held me back, so 2 months ago I moved to Santa Clara, CA. Silicon Valley with a startup. Its only...
  16. M

    AMA - Ask me anything on sourcing/importing from Asia..

    SOURCING AMA 
    Thanks Lovecharm, 1 more question. I'm also debating between selling toys or pet supplies. Is there one that clearly a winner to go with? Or are they both pretty equal in the volume they do?? My eventual goal is for my store to sell everything, but I need to pick one area to start with and...
  17. M

    Why do you think this App failed (video)

    WEB/DIGITAL 
    Peddl: A short film on Vimeo Its an app that puts together buyers and sellers. An easier and faster Craigslist/eBay with the location functionality of Lyft. I was working to find a developer to make something like this for me as I thought it was a killer idea. Yet Peddl closed their doors. They...
  18. M

    Anyone have advice on setting up an LLC in California

    Im going through this now, and Im so confused. I just moved to California a month ago and need to set up an LLC. If I set up a LLC in Delaware, im still going to have to file with California as a foreign entity and pay the $800 fee to CA, but then Ill ALSO have to pay Delaware $350 + $150 filing...
  19. M

    AMA - Ask me anything on sourcing/importing from Asia..

    SOURCING AMA 
    Im very interested in buying some ambiguous and harder to find cloth products from China to sell here in the US. Ambiguous meaning no name brands (so customers cant shop around for better prices), and not the things people can find at Walmart etc, harder to find. Like less popular baby...
  20. M

    Ask me anything about eCommerce (2012)

    GOLD! 
    Do you have an app or a mobile version of your stores? If not have you seen any decline in business from not having that? have you seen any change in business from people shopping with a mobile device? how much traffic to you is mobile? thanks Im asking because i have a store and dont have a...
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