>>To post an item for sale all you have to do is add #forsale $<dollar_amount> in the description and your item will go for sale imediately.
>>All your followers have to do is comment #buy on any item you have for sale and the item will be purchased for them.
Interesting implementation, great concept. It seems like a decent amount of consumer education would have to be done to get them on board with #buy. This idea is also subject to all the risk that goes along with complete platform dependence.
ie: if it gets big/popular enough, what's to stop Instagram/Facebook from killing it and implementing their own proprietary version?
That is a good question and concern and one that investors as well as other founders have asked.
At this point in time the reward of me making it is a lot higher than the risk of them putting resources towards doing themselves. Also, it would be a complete shift in what they are doing to try to go after this. At least for now.
I could be completely wrong and get shut down later today but I don't think that will happen (knock on wood).
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[ 3.6 ms ] story [ 23.5 ms ] thread>>All your followers have to do is comment #buy on any item you have for sale and the item will be purchased for them.
Interesting implementation, great concept. It seems like a decent amount of consumer education would have to be done to get them on board with #buy. This idea is also subject to all the risk that goes along with complete platform dependence.
ie: if it gets big/popular enough, what's to stop Instagram/Facebook from killing it and implementing their own proprietary version?
At this point in time the reward of me making it is a lot higher than the risk of them putting resources towards doing themselves. Also, it would be a complete shift in what they are doing to try to go after this. At least for now.
I could be completely wrong and get shut down later today but I don't think that will happen (knock on wood).
For me it's worth the risk.