sk24iam
Fastlane Driver

On the buying side, do you think it would be worthwhile to setup an affiliate program where referring sites receive a percentage of and marketplace sales they drive?

How would you start driving traffic to a site like thisiswhyimbroke.com, which doesn't have a whole lot of search engine content, but has a ton of affiliate links to unique products on amazon.com?

If you're confident that you can get this business going with 14k, just take a loan from lendingclub.com. You will have an easier time getting a loan there than a bank. Then come back and start a progress thread for your business so we can follow and advise accordingly.

Don't forget to have a system to show buyers which sellers they can trust. For example, ebay has a feedback system. Also consider payment solutions that are easy for sellers to setup. I agree with Brycer9, don't charge a listing fee, charge a percentage of the selling price if it actually sells....

Yes, I think my best shot is to start with a smaller buyback business that is more open to an alternative to Ebay. If I can offer some features that can increase their profit margin such as reduced seller fees and alternative payment solutions, I think I can get them to add a few listings. If so, I...

To be honest with you, there is not much of a budget for advertising. I will rely on getting the word out through several communities, blogs, and word of mouth. There are a lot of techies out there that are constantly upgrading their phones and selling their old ones online or via Craigslist. ...

Yes, Swappa is similar, except like you said, it focuses on the Android community. But why limit your market reach, I think the Apple and Windows communities are just as dominant in used sales, if not more. CellSolo also has several features that are already implemented or that are in the near...

CellSolo takes a 5% fee from the selling price if the phone is sold on the marketplace. The fee is removed during the transaction and the seller receives 95% of the buyer's payment. There have been so many challenges, but the greatest has been the classic chicken and the egg dilemma that goes...