Ask HN: Simple little business - what should I call it?
31–40 of 116 posts
Re: Ask HN: Simple little business - what should I call it?
#32I upvoted my favorite TLD on the page (clutterbin.com) However, I'm curious about your business model. 1. How much revenue are you bringing in? 2. What is the commission structure like? 3. How many customers do you have? 4. Where is your business located (generally, of course)? 5. Does this business model scale well? Thanks in advance, I know I'm prying but it seems very interesting. I've chatted with a friend of min…
1. Zero so far.
2. I'm going to start at 15% after selling costs (ebay fees and shipping)
3. I'll start by dropping boxes to 100 houses and see what I get back - if it works at that scale then I think it should scale up.
4. UK.
5. I hope so. I suspect it will because I can bulk up similar things and then ship them to the markets where they'll sell well. Eg. Old phones still fetch good money in Africa. XBox and Playstation games sell well in Eastern Europe. Likewise, DVDs are still in demand.
I think the advantage over the dropshop model is:
1. Much more appealing for householders: I've got loads of stuff that just depreciating year by year. By the time I've found a box, boxed it up, found a dropshop, driven it there, and filled in the forms I could have sold it myself. This way you just pick the box up at your front door, walk round the house and fill it, write your email address on the box, and leave it back at the door.
2. Scalability: I can do this nationally by shipping inbound boxes for $7.50. I can also use a rep system, whereby local people (think Avon ladies) take on their area on a part time basis.
3. Low overhead: No premises. Centralised facility for sorting through things - ideally with the facility to simply enter a model number and condition for common items to generate a standard listing, without the need to write anything or photograph things.
Drop me an email if you want - me@alexmuir.com
Re: Ask HN: Simple little business - what should I call it?
#33Earlier quoted context omitted.
Sounds dangerously close to casino spam to me.
Not sure I follow you, can you elaborate?
Your business idea, as I understand it, is mostly about people getting rid of unused stuff, and paid for it, but without freezing their feet off in a fleamarket. I'd rather focus on that positive experience, because that is something online casinos don't have.
Re: Ask HN: Simple little business - what should I call it?
#34[deleted]
Re: Ask HN: Simple little business - what should I call it?
#35clutterbin.com Think about what you're doing for people and maybe you'll get more ideas. You're helping people by making it easy to clean up their unwanted clutter and then magically, they get money and peace of mind because they're not surrounded by stuff they don't want :-)
Re: Ask HN: Simple little business - what should I call it?
#36Reminds me of cash4gold. I think a better business model would be to pay them directly for the box. The drawback is that you have to become good at evaluating the market value of what's inside the boxes.
Re: Ask HN: Simple little business - what should I call it?
#37I upvoted my favorite TLD on the page (clutterbin.com) However, I'm curious about your business model. 1. How much revenue are you bringing in? 2. What is the commission structure like? 3. How many customers do you have? 4. Where is your business located (generally, of course)? 5. Does this business model scale well? Thanks in advance, I know I'm prying but it seems very interesting. I've chatted with a friend of min…
I'm not started yet - I just used the present tense for brevity above. I'm going to test the market over the next couple of weeks with a sample dropoff. I founded a student storage business [ http://www.thebigspace.co.uk ] 7 years ago and so I've got a good grasp of the logistics of collecting and moving boxes. I also have lots of empty boxes. 1. Zero so far. 2. I'm going to start at 15% after selling costs (ebay fee…
Re: Ask HN: Simple little business - what should I call it?
#38Reminds me of cash4gold. I think a better business model would be to pay them directly for the box. The drawback is that you have to become good at evaluating the market value of what's inside the boxes.
Re: Ask HN: Simple little business - what should I call it?
#39Re: Ask HN: Simple little business - what should I call it?
#40Maybe have policies that all auctions are $1 starts with no reserve and they get what they get?