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So money can be converted into honey, but honey cannot be converted into money. How does that not make this strictly less useful than transacting in good old money?
Ex) Instead of selling your iPhone for $400, we could give you $440 in some cases.
Does that answer your question?
-Adam
This looks really neat, but I've got some comments/questions: * Typo when trying to set up a sale of a Late 2010 MacBook air: Choose your product's "condtion" * Where do the prices come from? Are they competitive with other trading sites? For example, a "MacAir 13' Late2010 1.86GHZ 2GB RAM 128 Flash" in "Good" condition goes for $407 on Gazelle, but h3750 ($375?) on Swapidy. However, Gazelle does give me the option t…
I'm also curious about the choice of virtual currency. From perusing their FAQ, it seems like you can buy Honey with real money, but it doesn't look like you can get your money back out. Ick.
Also, if your product is worth as much as a product we're selling, you won't have to pay a single dime.
-Adam
Earlier quoted context omitted.
1) Thanks, will fix that! 2) The prices are generated based on current market value and are changed constantly. In most cases, our offer will be higher than most sites because we pay in virtual currency. That gives us the ability to offer you more value. It really depends on what the current demand is like. 3) With Honey, we can offer you more unlike cash where there is more up front overhead. Did that answer your qu…
Why does using virtual vs. real currency affect your ability to dynamically adjust prices?
Right now, the aim is to provide huge value to the customer by buying new and then eventually the inventory that we gather up with used products, will be available too for less than market value. We can do this because acquisition costs are low.
Does that answer your question?
-Adam
FYI took about a full minute (55.82s) to load the page for me. Some things you might want to look at are that your asset pipeline is running in development mode (?body=1) and 130 separate HTTP requests (resources) were required to load the page.
-Adam
So money can be converted into honey, but honey cannot be converted into money. How does that not make this strictly less useful than transacting in good old money?
With Honey, we can offer you more instead of what Gazelle or eBay would offer you. Ex) Instead of selling your iPhone for $400, we could give you $440 in some cases. Does that answer your question? -Adam
Craigslist is still the best way to sell popular items. You get cash right away, there are zero fees and you don't have to deal with packaging and shipping. Hard to compete with.