Re:Show HN: Swapidy: Trade up your old stuff for new stuff
by RaphiePS on Thursday January 31, 2013 @08:10PM
(#5148575)
Why does using virtual vs. real currency affect your ability to dynamically adjust prices?
Re:Show HN: Swapidy: Trade up your old stuff for new stuff
by theswapdaddy on Thursday January 31, 2013 @08:22PM
(#5148606)
Great question! We have the power to offer you more because our up front overhead (cash) is minimal.
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
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 questions?
-Adam