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Sold on PEERHUB
I was excited to see when PEERHUB was announced here on STEEMIT.COM a few weeks ago. I read @steemrollin 's post, Peerhub: Bringing Steem Beyond Social Networks To The New Economy! I then went to the website, PeerHub.com and liked the user interface. I was sold on PEERHUB. I promised myself that as soon as I had a chance, I would post something to sell just to see what the experience was like.
Cost of Goods Sold
I have been on Ebay both as a buyer and a seller for many years. I have even been a Power Seller when I was selling Bitcoin Miners. I sold some of ASICMINER's USB Eruptors as well as BITMAIN's Antminers. I have also sold many other items from many categories such as Boxing T-shirts to used Laptops. i have sold close to $200,000 dollars (Gross Sales) worth on Ebay throughout the years. I have always had Ebay as a form of making some extra cash when needed or simply when I had something to get rid of that had some value.
As an Ebay Merchant, it has always been difficult to make much of a profit on items sold through Ebay. Profit margins have to remain very low in order to stay competitive, or your item will not sell. So when selling on Ebay, knowing your Cost of Goods Sold is very important in order to help decide whether selling a product is worth the effort. When looking into those costs, Ebay and Paypal will usually add up to about 13% of the total cost of the Item being sold. For example, If you sell 5 ounces of Silver on Ebay for $100, then you will receive in your Bank Account, approximately $87 Dollars.
PEERHUB TO THE RESCUE
As a small business operator on Ebay, every penny counts. Granted, when I was selling larger ticket/High Demand items such as Bitcoin miners that sold for thousands of dollars, a couple dollars here or there did not make too much of a difference. Unfortunately, "hot" products to sell tend to come and go quickly. You can make a lot of money selling these "fads" or lose money if you come in too late. Think of those "hoverboards" that everyone had to have until they broke their necks or the batteries caught fire. Early investors/resellers made money, and the late ones could not give them away.
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The challenge of finding the right product to sell at an affordable price to the consumer while still making a profit just became a whole lot easier with the help of Peerhub. I realize that PEERHUB has nowhere near the Ebay User traffic, but it is the idea of eliminating about 13% of Cost of Goods sold, which will ultimately mean lower prices for the consumer that has me excited as well one other important thing that PEERHUB has over Ebay. PEERHUB allows for you to receive payment in STEEM as well, which means instant transfer of value, not 1 week of waiting like with PAYPAL.
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Then there is PEERHUB's user interface for creating your listing. It is simple, straightforward and quick. I have greatly appreciated the changes that Ebay has made throughout the years to help provide a better merchant sales experience. Ebay does provide many features when creating a sales listing, but PEERHUB just gets straight to the point. I created my first listing on PEERHUB , APPLE IPHONE FOR SALE in less than 10 minutes. I have been saved from having to pay 13% to Ebay and Paypal when selling in an online marketplace while receiving the payment in STEEM, immediately. It does not get any better!
Full $teem Ahead!
@streetstyle
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