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Post by Deleted on Jan 24, 2015 21:51:00 GMT -5
By jumps around too much I mean that the app goes from a consumer use to a couple of merchant uses, throws in another couple of consumer uses...I get dizzy. I just watched it again. I'm not sure any of it refers to the benefits for merchants. It does say that anyone can BECOME a merchant, but that's aimed at users. Then it's confusing when it says you can sell a couple of things or your whole store.
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Post by Deleted on Jan 24, 2015 21:52:02 GMT -5
Okay, I may be off with that one. My business doesn't do couponing so I wouldn't think of ROI.
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Post by Deleted on Jan 24, 2015 21:53:19 GMT -5
Anyway, that's my feedback. I like the idea of the app. Good luck with it.
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haydentiff
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Post by haydentiff on Jan 24, 2015 21:55:03 GMT -5
I just watched it again. I'm not sure any of it refers to the benefits for merchants. It does say that anyone can BECOME a merchant, but that's aimed at users. Then it's confusing when it says you can sell a couple of things or your whole store. Think of people that sell items on Etsy. They pay a listing fee, a transaction fee, and a payment processing fee. They can move their entire inventory to our marketplace (think of it as looking like Ebay) and list for free. What if you want to sell one concert ticket? StubHub charges a zillion dollars in fees. You can sell it in our in-app marketplace. Just how you might decide to sell one thing on Craigslist.
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Post by Deleted on Jan 24, 2015 21:58:01 GMT -5
A friend of mine that isn't a member but is into trading and such says this
I don't understand most of that but maybe it is helpful
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Post by Deleted on Jan 24, 2015 22:01:11 GMT -5
Then it's confusing when it says you can sell a couple of things or your whole store. Think of people that sell items on Etsy. They pay a listing fee, a transaction fee, and a payment processing fee. They can move their entire inventory to our marketplace (think of it as looking like Ebay) and list for free. What if you want to sell one concert ticket? StubHub charges a zillion dollars in fees. You can sell it in our in-app marketplace. Just how you might decide to sell one thing on Craigslist. It's the whole store part that makes me think it is aimed at merchants. I'm just telling you what it makes me think without your explanations.
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haydentiff
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Post by haydentiff on Jan 24, 2015 22:04:47 GMT -5
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haydentiff
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Post by haydentiff on Jan 24, 2015 22:13:19 GMT -5
Think of people that sell items on Etsy. They pay a listing fee, a transaction fee, and a payment processing fee. They can move their entire inventory to our marketplace (think of it as looking like Ebay) and list for free. What if you want to sell one concert ticket? StubHub charges a zillion dollars in fees. You can sell it in our in-app marketplace. Just how you might decide to sell one thing on Craigslist. It's the whole store part that makes me think it is aimed at merchants. I'm just telling you what it makes me think without your explanations. If you get a chance, read my blog post: test.casheer.net/press/3624I'd like to know if it clarifies things any better.
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Post by Deleted on Jan 24, 2015 22:40:46 GMT -5
I will but it will be in a bit. I promise to let you know by morning.
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haydentiff
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Post by haydentiff on Jan 24, 2015 22:50:29 GMT -5
I will but it will be in a bit. I promise to let you know by morning. Thank you! No rush at all. I'm trying to identify areas that are clear, not clear, confusing as hell, etc.
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Post by Deleted on Jan 24, 2015 23:11:47 GMT -5
Okay, as a regular person the blog explains it better and from that I would want more info. A quirky thing, my understanding of Ticketmaster and such is that they have bought out the tickets and are doing a form of legal scalping though I have never understood why it is legal for them and not the guy on the street. Anyway, I end up wondering if you will have the tickets to sell.
The blog explains it better. I'm sure it is great to people that follow this stuff closer than I do. I would look for more info.
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haydentiff
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Post by haydentiff on Jan 24, 2015 23:27:37 GMT -5
Okay, as a regular person the blog explains it better and from that I would want more info. A quirky thing, my understanding of Ticketmaster and such is that they have bought out the tickets and are doing a form of legal scalping though I have never understood why it is legal for them and not the guy on the street. Anyway, I end up wondering if you will have the tickets to sell. The blog explains it better. I'm sure it is great to people that follow this stuff closer than I do. I would look for more info. Thanks for reading it. The video (right now) is for investors that are already familiar with this "space". But we are going to be hitting the ground running very soon and I need to find a way to simplify this material. It's challenging. I don't think it will be difficult for merchants to understand. There are a ton of benefits for them. It's the run of the mill users that are going to be tough. Personally, I fall into the category of not being ready to make purchases using my phone. The last thing I need is to accidentally butt dial an Amazon order, lol. We've been thinking of baby steps that users can take to transition into using their phone for purchases/payments. My favorite is the marketplace, but other people really seem excited about the coupon feature. This has been great feedback. Thank you!
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giramomma
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Post by giramomma on Jan 25, 2015 8:23:12 GMT -5
Think of people that sell items on Etsy. They pay a listing fee, a transaction fee, and a payment processing fee. They can move their entire inventory to our marketplace (think of it as looking like Ebay) and list for free. What if you want to sell one concert ticket? StubHub charges a zillion dollars in fees. You can sell it in our in-app marketplace. Just how you might decide to sell one thing on Craigslist. I got this, even after the first video. But, I think you will need to do bunch of work to explain this. If I want something handmade, I know I go to etsy. If I want an old Star Wars toy for DH, I go to eBay. If I want to buy something with my accumulated Swagbucks, I go to amazon. If I want something super cheap for the kids, I go to Craigslist. I've heard lots of other people go to Facebook to sell things. I won't know to go to your marketplace and search for these things. IMVHO, I think that's your biggest hurdle. If I want any one of these things (like lego soap for a party favor), I'm not going to do a massive google search on my location and then sit through 10 pages of hits. I don't think most people have enough time for that. When we were on vacation last year, some dude was running a very small comic book store very low budget. He was using square on his iphone when we paid. I thought this app would be perfect for him, even after the first video. If I ever get my rear in gear and make some things to pop up on etsy, I would not choose your program instead. At least not until when someone said handmade, one of the top three sites that popped into their head was "Casheer." One of the nice things about eBay, for the toys DH is listing, is that we can watch to see what others are paying for them, and put in an appropriate starting price. I do believe eBay even helps with that now. What's the recourse when people sell things to someone else and the goods have been mis-represented or don't come at all? As a person, I'd like to see more about how you are going to rate sellers.
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haydentiff
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Post by haydentiff on Jan 25, 2015 8:37:15 GMT -5
Think of people that sell items on Etsy. They pay a listing fee, a transaction fee, and a payment processing fee. They can move their entire inventory to our marketplace (think of it as looking like Ebay) and list for free. What if you want to sell one concert ticket? StubHub charges a zillion dollars in fees. You can sell it in our in-app marketplace. Just how you might decide to sell one thing on Craigslist. If I ever get my rear in gear and make some things to pop up on etsy, I would not choose your program instead. At least not until when someone said handmade, one of the top three sites that popped into their head was "Casheer." One of the nice things about eBay, for the toys DH is listing, is that we can watch to see what others are paying for them, and put in an appropriate starting price. I do believe eBay even helps with that now. What's the recourse when people sell things to someone else and the goods have been mis-represented or don't come at all? As a person, I'd like to see more about how you are going to rate sellers. Why wouldn't you list on both? It's free with us, so what would it hurt? Etsy charges a listing fee every 3 or 4 months. I agree that it will take a lot to become well known and our operating budget allocates just as much money toward marketing as it does development. Part of the reason I'll be focusing on the Etsy sellers first is because they are mostly women and women are generally very social (and hopefully they will help spread the word about Casheer). We always say "this is your app". We will be using every piece of feedback to make the app as useful as possible. There will be a rating system as well as escrow.
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haydentiff
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Post by haydentiff on Jan 25, 2015 8:47:22 GMT -5
I missed the video in the op, but saw the second one and read the blog post. Totally intrigued! Amazon, Ebay, and niche selling sites always charge outrageous amounts for payment processing in addition to the listing/selling fees. One of my sites is 3.5% + 50 cents, just for the processing. That shit adds up quick. Are you guys launching with a point of sale app to capture transactions in brick and mortar retail, or just focusing on online sales? I'll be using your product either way, but most of the $50B made in swipe fees by financial institutions every year are from brick and mortar sales, not online which is still a small percentage of total retail sales. Is your goal to monopolize online transaction processing, or to completely change transaction processing as we know it? I'm glad you are intrigued! We are completely changing payment processing as we know it. The technology exists to move money instantly and for free, so why should we keep paying? We will be going after online and brick and mortar merchants. We REALLY want to get into P2P (and we will!) because remittance fees are total BS. I thought you were selling the store? In the back of my mind, I thought you would be a good a person to try and snag for our sales team.
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giramomma
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Post by giramomma on Jan 25, 2015 8:54:49 GMT -5
Why wouldn't you list on both? It's free with us, so what would it hurt? Etsy charges a listing fee every 3 or 4 months. I agree that it will take a lot to become well known and our operating budget allocates just as much money toward marketing as it does development. Part of the reason I'll be focusing on the Etsy sellers first is because they are mostly women and women are generally very social (and hopefully they will help spread the word about Casheer). We always say "this is your app". We will be using every piece of feedback to make the app as useful as possible. There will be a rating system as well as escrow. Because for the time being, I don't have an interest to manage two spots. I'd have to have twice the inventory. And for someone getting started, that may be hard. I also need to be efficient where I can, and managing two sites isn't efficient for me. (And, I'm also assuming that you would build the app so it can be used on a tablet. I'm one of the 40% of the US adults that doesn't have a smart phone. It will be likely 3 or 4 more years before I take the leap.) I do think going after Etsy sellers first is smart though.
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haydentiff
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Post by haydentiff on Jan 25, 2015 8:56:21 GMT -5
I dont agree with this board being used for this sort of marketing. This same video is available on twitter, youtube, facebook, and many other sources. This IS NOT some sort of secret advice seeking experiment. They are just playing on the ego and naivete of this board and some of the members. This material is already public and all over the net. What is going on in this thread is just part of their marketing campaign to get this info out there. This IS NOT a self destructing top secret link. I am sure this little post will, of course, not generate some drama and, of course, help to sustain this thread and their marketing effort. Up until last week, we were vaporware. We just developed a prototype and we are not funded. I came here, genuinely, to get input. We have meetings lined up with VC's and this video (which is NOT online) is part of our pitch deck. We have nothing to sell and if we don't get funding, we never will.
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haydentiff
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Post by haydentiff on Jan 25, 2015 8:58:56 GMT -5
Why wouldn't you list on both? It's free with us, so what would it hurt? Etsy charges a listing fee every 3 or 4 months. I agree that it will take a lot to become well known and our operating budget allocates just as much money toward marketing as it does development. Part of the reason I'll be focusing on the Etsy sellers first is because they are mostly women and women are generally very social (and hopefully they will help spread the word about Casheer). We always say "this is your app". We will be using every piece of feedback to make the app as useful as possible. There will be a rating system as well as escrow. Because for the time being, I don't have an interest to manage two spots. I'd have to have twice the inventory. And for someone getting started, that may be hard. I also need to be efficient where I can, and managing two sites isn't efficient for me. (And, I'm also assuming that you would build the app so it can be used on a tablet. I'm one of the 40% of the US adults that doesn't have a smart phone. It will be likely 3 or 4 more years before I take the leap.) I do think going after Etsy sellers first is smart though. This is a good point. I've never asked how much time sellers spend managing their listings.
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:01:13 GMT -5
I dont think a lot of the posters here use their real name and image on their posts. This is just "spam" by someone taking advantage of knowing some of the people here and taking advantage of their past connections on this board. I'm not trying to sell anything. Even if I wanted to, I don't have anything to sell. I only want opinions and advice. Why is that spam?
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:08:20 GMT -5
No you are trying to generate BUZZ, this is just basic marketing 101. This video is NOT on the internet. I didn't want to post the link, but not enough people were able/willing to do a Google hangout or Skype chat so I could share a screen.
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:09:43 GMT -5
No you are trying to generate BUZZ, this is just basic marketing 101. I find it amazing that you come back to update us on your life and spend the whole time talking about your new product.I've been working on this for a year. It's the most exciting thing I've ever done and this is the happiest I've ever been. I have NOTHING to sell.
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:17:03 GMT -5
I think your corporate job description about says it all, Tiffany: "community builder and fastidious connector, responsible for all aspects of Community and Public Relations." You are the company PR and marketing person. Our company is 3 people right now. Everybody is everything. Titles are meaningless at this point.
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giramomma
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Post by giramomma on Jan 25, 2015 9:20:37 GMT -5
I think you are going to really need to target your audience. I don't think the audience is all consumers+all small retailers at this point.
I know, as a consumer, I'm not excited about giving a business more profit simply because their fees are less. If the business is incurring less costs, I would expect a lower price. If I'm Dark, I can't have two different prices for the goods...the online price and bricks-and-mortar price. It wouldn't make sense, at least for me, to only sell some products online and some in a bricks and mortar store.
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Post by Deleted on Jan 25, 2015 9:21:05 GMT -5
I missed the video in the op, but saw the second one and read the blog post. Totally intrigued! Amazon, Ebay, and niche selling sites always charge outrageous amounts for payment processing in addition to the listing/selling fees. One of my sites is 3.5% + 50 cents, just for the processing. That shit adds up quick. Are you guys launching with a point of sale app to capture transactions in brick and mortar retail, or just focusing on online sales? I'll be using your product either way, but most of the $50B made in swipe fees by financial institutions every year are from brick and mortar sales, not online which is still a small percentage of total retail sales. Is your goal to monopolize online transaction processing, or to completely change transaction processing as we know it? I'm glad you are intrigued! We are completely changing payment processing as we know it. The technology exists to move money instantly and for free, so why should we keep paying? We will be going after online and brick and mortar merchants. We REALLY want to get into P2P (and we will!) because remittance fees are total BS. I thought you were selling the store? In the back of my mind, I thought you would be a good a person to try and snag for our sales team. How do you intend to PAY your sales team?
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:26:42 GMT -5
Venture Capital. We have an operating budget and are seeking VC to support 3 yrs of operations.
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Post by Deleted on Jan 25, 2015 9:28:32 GMT -5
And after that? The thing is, if a company charges fees, I understand how they are making money. I can't understand how your organization generates capital ? To me, that leads me to more questions than answers.
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:30:31 GMT -5
When is your, "top secret self destructing video, going to self destruct? I deleted it like 10 minutes ago when I realized how bothered you were. I'm sorry that I have offended you. I've reached out to every person that has ever crossed my path seeking input. The smallest suggestion might be what makes the difference between getting funded or not getting funded. I need to be able to answer any question a VC throws at me. I need as many people asking me questions as possible. Everything we are working on makes complete sense to me, but I am in the thick of it. I need outside eyes to take a look.
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haydentiff
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Post by haydentiff on Jan 25, 2015 9:34:02 GMT -5
And after that? The thing is, if a company charges fees, I understand how they are making money. I can't understand how your organization generates capital ? To me, that leads me to more questions than answers. The business plan shows which quarter we plan to start generating income. It's not for over a year. Massive user adoption is the goal for the first year. The app is free. Payment processing will ALWAYS be free. Once we have a large user base, we will offer premium services for merchants -like push marketing, coupon tracking, etc. There is actually a really long list of ways to monetize the app (while still keeping basic services free.).
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Post by Deleted on Jan 25, 2015 9:41:10 GMT -5
And after that? The thing is, if a company charges fees, I understand how they are making money. I can't understand how your organization generates capital ? To me, that leads me to more questions than answers. The business plan shows which quarter we plan to start generating income. It's not for over a year. Massive user adoption is the goal for the first year. The app is free. Payment processing will ALWAYS be free. Once we have a large user base, we will offer premium services for merchants -like push marketing, coupon tracking, etc. There is actually a really long list of ways to monetize the app (while still keeping basic services free.). I'm not that trusting. Without deeper information, which I'm assuming you you won't/can't be giving in a minute, I'd assume your idealism is not sustainable. I've been in more than one situation where 'free' turned into something else down the line. I also think that the person who quoted a friend about the currency issues is worth review. Maybe I'm odd man out, but alternate currencies do not interest me. I actually would go out if my way NOT to associate with Bitcoin.
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violagirl
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Post by violagirl on Jan 25, 2015 9:41:16 GMT -5
I did not see the first video. Second video took me awhile to figure out what the numbers etc were about. Once it got to Paypal I figured it was processing fees. Then I wondered what all the city hustle and bustle in the background had to do with anything. But I got the background once it got to the 0 fees and wilderness shots - the whole background made sense.
As a consumer, I probably wouldn't have even known what it was talking about if my husband had not been involved in programming for credit cards and payment fees etc. If I was a business owner I would know quicker what it was talking about.
But maybe i'm just skeptical, whenever I see free, or zero ...i think so how do you make your money? What's the catch?
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