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Decide Your Online Market Channel

Author: Apisara Tumprayoth

There are many place where you can sell your product online. Before you made any decision, you has to consider for sell channel and what you need.

     Image by depositphotos.com

Here are top online market place that many customer search for products:

Amazon

       Image by dossier via 20minutes.fr

Amazon usually a top choice that came in through mind. Most customer are Americans. With the easy to use platform allows people to trade in using this website. Moreover, the website allows customer to easily search on the product and convenience paid for it.

Things you need to know

Platform features: The product shipping is convince for seller the platform, you can also customize your shipping rates based on where you ship to and can sell products based on their condition — for instance, new, used, refurbished, or collectible.

Price: two plans - The Individual plan (selling fee of $0.99 for every item you sell. The Professional plan (monthly subscription price of $39.99)

Ebay

      Image by Folie_ochronne via aukcjeonline.info

Also, a top place where you can find a collectible items and vintage staff. There are no fees unless you list more than 50 items per month.

Things you need to know

Types of selling fees: an insertion fee when you create a listing, and a final value fee when your item sells.

Social medias 

People not only playing social media but they also use it as selling market. This way allow seller to get attracting to customer easier while they are surfing. For example, Facebook marketplace, Instagram, and Twitter are commonly channel to sell product.

Things you need to know

It is free to use

There are plenty of customer as well as seller. New seller has to concern on their image and trust.

References

      Puryear, C. (2019, October 10). The Best Online Marketplaces for Selling Your Products (2019). Retrieved from https:// www.bigcommerce.com/blog/ online-marketplaces/#the-biggest- benefits-of-selling-on-online-marketplaces.

      Ugino, M. (2019, July 16). How to Decide Which Online Sales Channel to Sell Your Products On. Retrieved from https://www.sellbrite.com/ blog/online-sales-channel/.

      Watts, E. (2018, July 17). 10 Online Sales Channels and How to Choose the Right Ones for Your Retail Business. Retrieved from https:// retailnext.net/en/blog/10-online-sales-channels-and-how-to-choose- the-right-ones-for-your-retail-business/.

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Making Sense of Cryptocurrency

Author: Apisara Tumprayoth

        Image by tagovi via nezavisne.com

Cryptocurrency

In daily life, we now more and more use of online technology. Money is another thing that changing to online transaction. Not only real-world currency use to trade the service, but also cryptocurrency new form of doing a financial transaction.

In short:

“Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions.”

So, how cryptocurrency works?

It is one medium, which you convert your money to digital form to trade or exchange online.

List of cryptocurrency

     Image by altcoins/ via coinlist.me

       Image by JimMarous via twitter.com

Think of Cryptocurrencies=Blockchain

Blockchain is decentralized technology spread across many computers that manage and records transactions. In order word, it is the one that uses to collect the data of information. 

Investing in cryptocurrency

Many people see cryptocurrency as another way to invest money and it gains the attention of many investors. They see cryptocurrency as followed:

1. currency such as bitcoin, many investors buy it since not quite popular now. As time pass and trend change, cryptocurrency might gain a higher return in the future.

2. inflation might happen anytime, but investing in cryptocurrency will have a lower risk because the bank might reduce the value of money through inflation.

3. Not only it going up in value, but it has no interest.

4. Security than tradition payment. Blockchain is a secure system, which provides high security in the transaction.

Now, you know more about the blockchain system. If you feel like want to generate money, you may think of cryptocurrency. However, business and shop should watch this trend and prepare for electronic currency.

References

     Rosic, A. (2019, November 8). What is Cryptocurrency? [Everything You Need To Know!]. Retrieved from https://blockgeeks.com/guides/what-is-cryptocurrency/.

     Royal, J., & Voigt, K. (2019, June 18). What Is Cryptocurrency? Beginners Guide to Digital Cash. Retrieved from https://www.nerdwallet.com/blog/investing/      cryptocurrency-7- things-to-know/.

      How Does Cryptocurrency Work?. (n.d.). Retrieved from       https://cryptocurrencyfacts.com/how-does-cryptocurrency-work-for beginners/.

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Making Sense of Cryptocurrency and Blockchain