Hi all,
Over the past year I have been working on an online marketplace for consumers to buy and sell used cell phones. Ebay, Craigslist, and Gazelle currently have a majority of the used cell phone industry; at the time of this post there are over 100,000 phones listed for sale on Ebay. However, if a better marketplace can obtain even the slightest market share, it could be a very profitable business.
Consumers use Ebay but aren't happy with the fees, the feedback system, or being limited to PayPal. Consumers can avoid those issues by using Craigslist but aren't always comfortable meeting people in person or having to worry about scams. With Gazelle, consumers can trade in their phone for cash, but the consumer is being paid only a third of what their phone is actually worth.
CellSolo offers a fixed-price Cell Phone marketplace, a double blind feedback system, multiple payment options, and less fees.
I am currently working on the following:
1. Obtaining feedback on the site design and functionality and what users want from this website/what can be improved.
2. Creating a new homepage that provides a better explanation of the website.
3. Getting users signed up and adding inventory on the marketplace.
4. Fixing bugs
The past year has been very challenging and I expect it to only get more difficult going forward. There is a lot of work to do with the site's features, design, SEO, marketing, and customer service. I'm interested in hearing from anyone who has been challenged in starting a marketplace, as well as any advice, feedback or questions about the website.
Thanks,
Stephen
Over the past year I have been working on an online marketplace for consumers to buy and sell used cell phones. Ebay, Craigslist, and Gazelle currently have a majority of the used cell phone industry; at the time of this post there are over 100,000 phones listed for sale on Ebay. However, if a better marketplace can obtain even the slightest market share, it could be a very profitable business.
Consumers use Ebay but aren't happy with the fees, the feedback system, or being limited to PayPal. Consumers can avoid those issues by using Craigslist but aren't always comfortable meeting people in person or having to worry about scams. With Gazelle, consumers can trade in their phone for cash, but the consumer is being paid only a third of what their phone is actually worth.
CellSolo offers a fixed-price Cell Phone marketplace, a double blind feedback system, multiple payment options, and less fees.
I am currently working on the following:
1. Obtaining feedback on the site design and functionality and what users want from this website/what can be improved.
2. Creating a new homepage that provides a better explanation of the website.
3. Getting users signed up and adding inventory on the marketplace.
4. Fixing bugs
The past year has been very challenging and I expect it to only get more difficult going forward. There is a lot of work to do with the site's features, design, SEO, marketing, and customer service. I'm interested in hearing from anyone who has been challenged in starting a marketplace, as well as any advice, feedback or questions about the website.
Thanks,
Stephen
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today