03rd Dec 2009
Glyde.com Classifieds?
Classifieds have traditionally been a very local transaction. In most cases buy and seller agree on a price and exchange the merchandise locally. Both sides seem to perfer this because the risk of fraud is greatly reduce with an enhanced benefit that auxillary costs like shipping and taxes can be avoid.
Its with some interest that we’re watching the Glyde.com beta and how it attempts to break this model. Glyde has choose to focus exclusively on the resale of the Books, CD, DVDs and Video games. All of these items can be fairly easily compared, if you have a Home Alone DVD its generally the same as millions of other copies of the movie. All of these items are also fairly easy to ship.
The Glyde system works by allowing a buyer to purchase an item ( unseen ) and receive it from an unknown seller. Once a purchase has been made Glyde will send a self-address envelope to the seller to collect the goods and take them to the buyer. The system also includes a set to transaction rules outlined here. Maybe the most interesting one is the situation where an item is lost in transit and both parties ( buy and seller ) pay for the item, and Glyde only waives its transaction fee.
Glyde.com presents an interesting model for Classifieds and it will be interesting to see if it can get traction.
Classifieds have traditionally been a very local transaction. In most cases buy and seller agree on a price and exchange the merchandise locally. Both sides seem to perfer this because the risk of fraud is greatly reduce with an enhanced benefit that auxillary costs like shipping and taxes can be avoid.
Its with some interest that we’re watching the Glyde.com beta and how it attempts to break this model. Glyde has choose to focus exclusively on the resale of the Books, CD, DVDs and Video games. All of these items can be fairly easily compared, if you have a Home Alone DVD its generally the same as millions of other copies of the movie. All of these items are also fairly easy to ship.
The Glyde system works by allowing a buyer to purchase an item ( unseen ) and receive it from an unknown seller. Once a purchase has been made Glyde will send a self-address envelope to the seller to collect the goods and take them to the buyer. The system also includes a set to transaction rules outlined here. Maybe the most interesting one is the situation where an item is lost in transit and both parties ( buy and seller ) pay for the item, and Glyde only waives its transaction fee.
Glyde.com presents an interesting model for Classifieds and it will be interesting to see if it can get traction.
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Business Model, Classifieds 
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