Stripe and Pinterest

#1

Post by thairu » Tue, Jun 02, 2015, 5:55 PM UTC

Re: Stripe and Pinterest

#2

Post by projectileboy » Tue, Jun 02, 2015, 6:10 PM UTC

Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.

Re: Stripe and Pinterest

#3

Post by [deleted] » Tue, Jun 02, 2015, 6:11 PM UTC

[deleted]

Re: Stripe and Pinterest

#4

Post by yc1010 » Tue, Jun 02, 2015, 6:15 PM UTC

Any more info beside "enter your email" about how this will work?

Especially how delivery information is collected? How are refunds handled? how is product information displayed (i am dubious that people would buy anything by just looking at a picture)?

Re: Stripe and Pinterest

#5

Post by irl_zebra » Tue, Jun 02, 2015, 6:16 PM UTC

Well, I guess its time to short Etsy stock?

Re: Stripe and Pinterest

#6

Post by jbob2000 » Tue, Jun 02, 2015, 6:20 PM UTC

projectileboy wrote: post #2

Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.

There are a few areas where brick and mortar still beats online. I can't buy clothes online because I don't have a "standard" fit and I'm picky, so I need to try everything on. I would never buy raw food online, again, I'm picky and I want to make sure I get optimal quality fruits and veggies. Alcohol can't reasonably be sold online, and shipping liquids is pretty sketchy anyways. I'd only buy flowers online if I didn't really care about the person I'm giving them to, so I'd rather pick the bouquet out in person.

Really, the only thing online retailers have killed or will kill is electronics and knick-knack stores.

Re: Stripe and Pinterest

#7

Post by uptown » Tue, Jun 02, 2015, 6:21 PM UTC

yc1010 wrote: post #4

Any more info beside "enter your email" about how this will work? Especially how delivery information is collected? How are refunds handled? how is product information displayed (i am dubious that people would buy anything by just looking at a picture)?

This article has more info:

http://readwrite.com/2015/06/02/pinterest-buyable-pins

And here's their promotional video:

https://about.pinterest.com/en/buy-it

Re: Stripe and Pinterest

#8

Post by floppydisk » Tue, Jun 02, 2015, 6:21 PM UTC

Etsy moves to buy Pinterest in the next week. This would seriously undercut their market.

Though how will this handle people pinning other people's products? Does the pinner get a cut if someone buys someone else's product through their pin? How do you verify legitimate retailers?

Re: Stripe and Pinterest

#9

Post by serg_chernata » Tue, Jun 02, 2015, 6:22 PM UTC

yc1010 wrote: post #4

Any more info beside "enter your email" about how this will work? Especially how delivery information is collected? How are refunds handled? how is product information displayed (i am dubious that people would buy anything by just looking at a picture)?

Agreed, especially when it comes to sizing for items like shoes and clothes. I'm curious what changes will come from Pinterest's side.

Re: Stripe and Pinterest

#10

Post by CodeSheikh » Tue, Jun 02, 2015, 6:28 PM UTC

If the "buy" button takes the user to sellers' whatever e-commerce solution then it is a win..and I dont mind giving % to a pinner. We use Shopify for our products and Shopify is also powered by Stripe.