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Author Topic: OpenBazaar , a failure ?  (Read 4715 times)
Senor.Bla
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October 25, 2016, 07:09:36 AM
 #101

i think it is such a good idea and we cannot call it as a falier, it just need some extra effort, struggle and hard work with good management and advertisement, hope that the result will be totally different,

The idea is great but you need sellers and buyers for it to work and not just a few either. Using the marketplace is not as straightforward as using eBay, you need to run special software. Plus there isn't a lot of incentive for sellers to use the service, why would you go through the hassle of setting up a store on there only to be visible to a couple of hundreds of buyers when you can be on eBay and be seen by millions?
Thats true, every business do not want to start from scratch on the platform, the would prefer to go for an already established marketplace where they will simple put in their products or services and seen by as many peope as possible to make the most out of it. For this reason, they need to put more effort and make the marketplace a better one.
Not a lot of companies want to make that investment, though, and with good reason. It can be a gambit and there isn't necessarily a good representation or estimate available for the return on investing in said marketplace. This discourages companies, and honestly, considering the niche of OpenBazaar, I likely wouldn't make that investment.
as usual, with increase of risk the number of risk takers decreases. with big risks comes mostly the opportunity to win big. but still many will fail. right now you can set up your shop and be come easy the biggest seller with a small effort. try this on ebay. you will be known widely by the community and will be familiar with the process, the platform and the community if your competition finally arrives. nice advantages. has anyone also heard someone talk about how they would have a nice idea to sell some stuff on ebay, but they can not do it since the competition is already there and they think there is no way to enter the market. well, know is the time to get onboard with openbazaar or you will be wining again later.

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October 25, 2016, 10:07:23 AM
 #102

Yes, I consider it as a failure, considering that I've not heard anything about it since the release. I've even forgot about it Cheesy !
you don't know it doesn't mean it's failure,if you don't know about open bazaar it seems that you're not updated with the latest info of this forum or even missed it,as you know even if openbazaar being an advertiser on google ads but they will only appear for traffic which having cookies about techy thing

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