How do I sell? What should in know first?
First of all, LDDb.com is a marketplace and not credit card company or an escrow.
eBay.com is also working on this model, they do not sell anything physical but rather provide
the service to make sellers get a wide visibility and attract more people. This is what I intend to do too
with an approach designed only for Laserdiscs, with easy to use interface, free pricing history and a large
LD Database as a Back-end Inventory.
Second, each Seller will need to be approved individually before opening a shop and selling to anyone.
eBay.com is full of scammers because it's just too easy to become a Seller. I don't want
to see this on LDDb.com and I will take the time and effort to check identity and other feedback levels
(on eBay or Yahoo Auctions) every time. I cannot guarantee the seriousness of every Buyers here. I can
only create good conditions for flawless transactions but payment methods, conditions and timing are up
to both Seller and Buyer. I will of course collect claims and terminate accounts in case of major problems.
As on any other Marketplace Site, your past feedbacks will be your best business card to show your
commitment, seriousness and good will.
Advantages of LDDb.com Shops
Namely vs. other Auctions sites:
- Database Back-end
No need to describe your LDs all over again and again. Either the information is already
included in the Databases or you can submit what is missing to make it perfect. You only
need 2 mouse clicks to put a LD for sale in your Shop. All these information will be free
of charge and available to anyone, any time.
- No listing fee!
Fed up with paying eBay for auctions that get no bid and that you need to relist again
and again? Me too. That's why I believe the only win-win Marketplace model is when you
need to pay a little something only when you make a lot more at the same time. Listing
for a fee is not fair.
All listings in your shops are 100% FREE.
- Free statistics
The eBay "Completed Listing" is a very useful source of information to find out what
pricing should be used to maximize your start price but not over-price it at the same
time. However, eBay reduced the available view to its Registered Users only and with
an history of 2 weeks (versus 3 months then 1 month then 3 weeks a few years ago).
They plan to make the full history available for private use on a $10,000/year basis.
I don't believe this kind of information should be kept secret but should on the contrary
help people define their collection value and what fair pricing could be made.
All past transactions pricing history will be available freely to anyone.
- Minimum selling fees
To help me improve and keep working on LDDb.com for the years to come, I minimum
financial help is greatly appreciated. I paid for both hardware and software to
develop the site and I didn't count the hours I spent on this project. But the
whole philosophy of the selling fees is that you have to participate financially
in LDDb.com only if you are making money at the same time. And the more you make,
the less you pay.
The former model (since 2004) was working this way:
- For orders up to $100 : 3.00%
- For orders up to $200 : 3.00% on the first $100, then 2.00%
- For orders up to $500 : 3.00% on the first $100, then 2.00% on the next $100 then 1.00%
- For orders above $500 : the fee is capped at $8 (that's 1.60%).
The current model (since March 1st 2012) is working like this:
- For LDs up to $100 : 3.00%
- For LDs up to $200 : $3 + 2.00% above $100
- For LDs above $200 : $5 + 1.00% above $200
Other important things:
- You only have to pay when the cumulated fees total reaches $15 (= minimum $500 sales)
The selling fees apply to each order (=cart), and not on each LD.
The selling fees apply to each LD, and not on each order (=cart).
Requesting a Seller Access
In your Account Interface, there is a Section link where you
may request your Seller status. Click here to send an Email to the Administrator with all needed information.
Requesting Seller Rights means that you agree on the mechanisms of the Shops, including the
Selling Fees rules.
I was approved as a Seller. Now what should I do?
It's time to setup your Shop before adding any title. The link in your Account Interface
turned into Create your Shop link. Go there directly to start setuping the essential details and the
main categories you want to see in your Shop.