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Show HN: my weekend project, Gumroad

gumroad.com

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Re: Show HN: my weekend project, Gumroad

#91

Post by bmelton »

duck wrote: post #46
sahillavingia wrote: post #2

Over this past weekend I had the idea to build a sort of link shortener but with a payment system built-in. There have been many times in the past where I wanted to share a link - on Twitter or just through IM with a few friends - but did not want to go through the overhead of setting up a whole store. So I built Gumroad. I coded/designed from 12PM -> 11PM on Saturday and 8AM -> 11PM on Sunday. There are still tons o…

What does Stripe's fee structure look like?

Stripe reps have stated repeatedly that whatever their fee structure looks like right now, it's not representative of what it will look like when they come out of beta.

The only thing that I've seen that was commented on, but not objected to, is that it's 'similar to' PayPal fee structures. But even that's up to being refuted.

Re: Show HN: my weekend project, Gumroad

#93

Post by duvander »

JoachimSchipper wrote: post #52
phoboslab wrote: post #47

Earlier quoted context omitted.

I love the idea! This makes it really easy to sell scripts (e.g. your own jQuery plugins or whatever) for $5 where it would normally be too much work to set up some payment processing. The 30% cut is way too high though. Especially for higher priced links - I wouldn't want to sell my $99 game engine[1] through your service. I think something like "5%, but at least $0.30" would make more sense. But maybe having such "…

Paypal already takes $0.30 plus a small percentage. I think the service is a neat idea, but microtransactions are not a solved problem.

PayPal has a lower tier for sales under $12: https://merchant.paypal.com/cgi-bin/marketingweb?cmd=_render...

Still, you need to take fees into consideration. Also, the seller has to pay another PayPal fee when transferring the money every month.

Re: Show HN: my weekend project, Gumroad

#94

Post by livejamie »

I like it, there's a lot of functionality missing, as you said but tons of possibilities.

I'd like to see a "pay as much as you'd like" feature, where you can set a minimum amount (like radiohead and girl talk do) but still allow them to pay more.

Re: Show HN: my weekend project, Gumroad

#95

Post by caseyf »

lux wrote: post #23
sahillavingia wrote: post #4

Earlier quoted context omitted.

Honestly, I'm not sure - hence them not being listed - but I think I'm going to go with 30%. And then for people making >$x a month dropping that in tiers. Thoughts?

At 30%, unless my product is pure profit I'm going to look elsewhere. A Paypal (or WePay!) buy now button isn't that hard to create after all...

Or eJunkie - it lacks the (apparent) simplicity for but for $5 a month you can make an unlimited number of sales for up to 10 digital items and then you've got PayPal/processor fees on top of that.

PayPal's micropayments pricing is 5 cents plus 5% per transaction so this combination can be a big money saver.

We created a service for a niche market that was mostly using eJunkie at the time (lowest cost, word of mouth travels fast among groups of sellers) and we had to compete with them on price and features.

Re: Show HN: my weekend project, Gumroad

#96

Post by louismg »

sahillavingia wrote: post #90
louismg wrote: post #86

Earlier quoted context omitted.

I've tried it and purchased on my own link. 1) How soon until the money reaches PayPal? 2) There are no assurances that the CC data is safe. It looks to be sent over HTTPS, but you're assumed to be trusted.

Awesome! I'm doing Net 60 as that's what Stripe does. The CC data is safe, but of course there's no reinforcement on-site. I'll add something.

Net 60 days? I would assume that users expect near real-time if PayPal is the back end. 60 days sounds way too long.

Re: Show HN: my weekend project, Gumroad

#98

Post by r00fus »

retube wrote: post #32

How does this work for art though? I mean you want to see the icon/graphic/design/whatever before you pay for it. Also - once you've been redirected to the page, what's to stop you taking the link and sharing it yourself? Also also: if I've got something to sell, can't I just bung it on ebay?

graphics can be watermarked or provided low-res for review.

Re: Show HN: my weekend project, Gumroad

#99

Post by louismg »

sahillavingia wrote: post #90
louismg wrote: post #86

Earlier quoted context omitted.

I've tried it and purchased on my own link. 1) How soon until the money reaches PayPal? 2) There are no assurances that the CC data is safe. It looks to be sent over HTTPS, but you're assumed to be trusted.

Awesome! I'm doing Net 60 as that's what Stripe does. The CC data is safe, but of course there's no reinforcement on-site. I'll add something.

Posted on it as well. http://blog.louisgray.com/2011/04/gumroad-launches-to-sell-d...

Re: Show HN: my weekend project, Gumroad

#100

Post by primigenus »

There's some potential for gamification here. Here's a Gumroad URL which, when paid for, unlocks some kind of challenge that you must solve in order to find a new Gumroad URL. Which unlocks another challenge that leads to another Gumroad URL, continuing for n steps until you unlock the final reward. Each step costs less than a dollar.

How would this have played out if eg. Dropbox had run their challenge on top of Gumroad?

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