Chapter 10 section 2 MITOSIS. How do little elephants grow up to be BIG elephants?
Do not feed elephants
Transcript of Do not feed elephants
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Technology drives Costs Down
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Within the growth of technology, the opportunity for companies to
connect with customers is transformed to the natural collaboration, which brings
company-customer relationship
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Do not feed elephants !Remove middleman
Seller
Other
Middleman
EbayAmazon
Etsy
Customer
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Let’s take a look at middleman
FEES
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Amazon feesProduct Type Referral Fee PercentageAutomotive Parts and Accessories 12%Baby Products (excluding baby apparel) 15%Books 15%Camera and Photo 8%Cell Phone Accessories 15%Consumer Electronics 8%Home & Garden 15%Industrial & Scientific 12%Kindle Accessories 25%Music 15%Musical Instruments 15%Office Products 15%Toys 15%
Resource - http://www.amazon.com/gp/help/customer/display.html?nodeId=1161240
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Total amount of the sale
Electronics* Clothing, Shoes and Accessories
Books, DVDs & Movies, Music, Video Games
All other categories
30 days listing fee
0.10 0.10 0.10 0.10
$0.99– $50.00 7.0% of the total amount of the sale
10.0% of the total amount of the sale
13.0% of the total amount of the sale
11.0% of the total amount of the sale
$50.01–$1000.00 7.0% of the initial $50.00, plus 5.0% of the remaining balance
10.0% of the initial $50.00, plus 8.0% of the remaining balance
13.0% of the initial $50.00, plus 5.0% of the remaining balance
11.0% of the initial $50.00, plus 6.0% of the remaining balance
$1000.01 or more 7.0% of the initial $50.00, plus 5.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance
10.0% of the initial $50.00, plus 8.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance
13.0% of the initial $50.00, plus 5.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance
11.0% of the initial $50.00, plus 6.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance
Ebay Fixed Priced final value Fees
Resource - http://pages.ebay.com/help/sell/fees.html
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What we get
eBay fees depend your subscription. With no eBay subscriptions, 30 days listing fees are 0.20 per item. The Final Value Fee for fixed price varies from 8%-15%
Amazon fees If you sell more than 40 products per month you have to have a subscription, which is $39,99 per month. When an item sells, they take a 15% “referral fee” and $1.35 “closing fee”.
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Difficult to choose?
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Is it fairly to give away up to 25% of your profit?
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Not at allNOT AT ALL
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How to avoid fees?
Avoid intermediariesDeal with your customersGet paid directly from your customers
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The future of business is freedom from intermediaries
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No listing feesNo selling fees
No subscription No hosting needed
Glabex.com