With the help of Flyp, power resellers will be able to use enterprise-level ecommerce tools
There are a plethora of places where you may put your unwanted goods up for sale. Technology has always pushed to profit off our culture’s tendency to over-consume, from ThredUp and TheRealReal to Facebook Marketplace and eBay.
However, there is a group of people that are seldom talked about, and definitely not serviced, among these platforms: power resellers.
James Kawas and Dani Arnaout, the founders of Flyp, a firm that provides machine learning-powered tools to home-based merchants, are behind the company.
With an algorithmic matching platform that matches an ordinary customer or a liquidation firm or even a donation centre with a power reseller to dump their inventory of used items, the startup’s primary, revenue-generating offering, it is possible to make money. When a user posts their things on Flyp, they are matched with a reseller who is familiar with selling that sort of product. Flyp gets a five-percent cut of the commission and takes care of the logistics of moving the merchandise.
But Flyp’s free offering for resellers may be even more critical to the company’s long-term success. Automated software is used by large ecommerce firms to promote and monitor their inventories. Flyp is giving comparable technologies to home-based sellers who manage a large number of listings on different platforms at no cost.
Building confidence in the network of power resellers was critical to constructing a platform that could manage more inventory, Kawas said.
Around 350,000 people work part time as power salesmen in the United States, according to the start-up. The idea is to transition part-time workers into full-time employees and encourage those who have never been resellers to give it a go..
PayPal, the world’s largest financial firm, was built on top of resellers, according to Kawas, referring to eBay’s payments network, which was developed in the early 2000s. “This particular set […]
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