What is the expected transaction frequency?
Quote from Modrator on June 10, 2023, 2:43 pmUsed products buy-sell marketplaces are more valuable when buyers rely on them for frequent transactions. Online retailers like Angels Marketplace have monthly active users, indicating the recurring nature of used product buy-sell. Despite profitability challenges, this platform attracts substantial seller or buyers due to the consistent demand for buying or selling used products and the potential for recurring revenue from the seller/buyer. Sellers benefit from the ease of posting before their targated customer base and generating income through purchases.
Used products buy-sell marketplaces are more valuable when buyers rely on them for frequent transactions. Online retailers like Angels Marketplace have monthly active users, indicating the recurring nature of used product buy-sell. Despite profitability challenges, this platform attracts substantial seller or buyers due to the consistent demand for buying or selling used products and the potential for recurring revenue from the seller/buyer. Sellers benefit from the ease of posting before their targated customer base and generating income through purchases.