>>, onsl never takes title and gets in the range of 10 to 15% >>
10 to 15 % seems little high tome and that's not what I read in some publication more to 5%, I'd like to know where you got that number from.
>>Owned Merchandise Sales-Auctions of merchandise>>
Yeh but what kind of merchandise, excuse my French "garbage", outdated products that no one wants. well occasionally they have some fairely good products.
>>Exchange services-onsale gets a fee, 1-5% on merchandise that other people want to list and sell. This is basically their site to bring buyers and sellers together. Onsale does little for this other that provide the site and collect a small fee.>>
I sold about $ 1,800 of products through them, they collected $4 dollars from me (yes $4). Don't count that as a business because scams are already happening. There is absolutely no garrantee the buyer will get what he or she orders.
Finally, think about this, what's the people's (average Joe) first reaction to the word AUCTION (a gamble and a chance) then add to the equation INTERNET + SECURITY.
Why, why, why in the world would you want to take a huge risk and invest in an overvalued, with no earnings company like this. |
