Comments on: Free Press is Good Press! http://www.dorm-room-biz.com/2006/09/21/free-press-is-good-press/ Helping Young Entrepreneurs Grow Fri, 30 Dec 2011 20:10:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris http://www.dorm-room-biz.com/2006/09/21/free-press-is-good-press/comment-page-1/#comment-2339 Chris Tue, 24 Oct 2006 23:20:58 +0000 http://professionalgfx.net/dorm-room-biz/?p=127#comment-2339 Opio, thanks for the comments. My partner got the editors contact information from another friend, who happens to be the SGA President. I emailed the editor, told him a breift overview of our story, and he said he would be happy to write an article. So there we had it! Opio, thanks for the comments. My partner got the editors contact information from another friend, who happens to be the SGA President. I emailed the editor, told him a breift overview of our story, and he said he would be happy to write an article. So there we had it!

]]> By: Opio http://www.dorm-room-biz.com/2006/09/21/free-press-is-good-press/comment-page-1/#comment-2338 Opio Tue, 24 Oct 2006 23:04:09 +0000 http://professionalgfx.net/dorm-room-biz/?p=127#comment-2338 nice job at the published article... How did you go about getting that done? DId they contact you or did you contact them? Anyways, I don't believe anyone could have put it better, "free press, is good press." Web Enterpriser did give you a pretty good advantage when dealign with college students. Depending on where you are located, most are prolly too lazy to get up and make a simple trip. keep it up.,.. cheers. nice job at the published article… How did you go about getting that done? DId they contact you or did you contact them? Anyways, I don’t believe anyone could have put it better, “free press, is good press.” Web Enterpriser did give you a pretty good advantage when dealign with college students. Depending on where you are located, most are prolly too lazy to get up and make a simple trip.

keep it up.,..

cheers.

]]> By: Chris http://www.dorm-room-biz.com/2006/09/21/free-press-is-good-press/comment-page-1/#comment-1351 Chris Tue, 26 Sep 2006 05:22:58 +0000 http://professionalgfx.net/dorm-room-biz/?p=127#comment-1351 If you research the iSold It franchises, you will find that they take a percentage of around 30% (http://www.i-soldit.com/fees.asp), so we obviously come in under the competition on the percentage that we take. In my research, I have also heard of companies taking as much as 40% depending on the amount and item. as we do not currently have a store front, picking the item up from customers is an option that we are offering. Most of our advertising is currently being done through flyers and other mailing advertisments. If someone calls us and wants us to sell an item, we then offer them the option of dropping the item off at a set location (our temporary storage facility) at a convient time for both parties orwe will pick the item up from them after normal business hours if needed. In speaking with other students, we have found that many would actually use our service. The fact that it is one less thing that a busy college student would have to keep up with and handle appeals to many students. If we are able to take care of all the listing, shipping, and collecting payments, a majority are very willing to pay for the 20% fee. However, we will of course be focusing our marketing more on the older generations 25+. If you research the iSold It franchises, you will find that they take a percentage of around 30% (http://www.i-soldit.com/fees.asp), so we obviously come in under the competition on the percentage that we take. In my research, I have also heard of companies taking as much as 40% depending on the amount and item.

as we do not currently have a store front, picking the item up from customers is an option that we are offering. Most of our advertising is currently being done through flyers and other mailing advertisments. If someone calls us and wants us to sell an item, we then offer them the option of dropping the item off at a set location (our temporary storage facility) at a convient time for both parties orwe will pick the item up from them after normal business hours if needed.

In speaking with other students, we have found that many would actually use our service. The fact that it is one less thing that a busy college student would have to keep up with and handle appeals to many students. If we are able to take care of all the listing, shipping, and collecting payments, a majority are very willing to pay for the 20% fee. However, we will of course be focusing our marketing more on the older generations 25+.

]]> By: Web Enterpriser http://www.dorm-room-biz.com/2006/09/21/free-press-is-good-press/comment-page-1/#comment-1205 Web Enterpriser Fri, 22 Sep 2006 21:02:53 +0000 http://professionalgfx.net/dorm-room-biz/?p=127#comment-1205 I'm a little confused. How can you justify taking 20% of the final sale? Honestly, for 20% you should come pick the item up from your customers. There are similar outfits like iSoldit but they don't pick your stuff up. That could be your competitive advantage. Personally, I'd not target college students. Most students are savvy enough to sell on their own. Target people in the age range of 30 and up. These people generally don't even want to be bothered with selling anything online. I’m a little confused. How can you justify taking 20% of the final sale? Honestly, for 20% you should come pick the item up from your customers. There are similar outfits like iSoldit but they don’t pick your stuff up. That could be your competitive advantage. Personally, I’d not target college students. Most students are savvy enough to sell on their own. Target people in the age range of 30 and up. These people generally don’t even want to be bothered with selling anything online.

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