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So I made a marketplace to sell digital products [photos, videos, audio, data]. Requesting feedback!
https://vendbits.com/images/vendbits-logo.png
Taking me three years to build by myself, I'm happy to announce the official launch of my latest business, VendBits. VendBits is a marketplace for digital products and downloads such as music, videos, photos, games, software & gift cards with transactions made using PayPal, Credit or Debit Cards via Stripe, Bitcoin or Bitcoin Cash. Payments are made directly to the seller, instantly. Upload tokens are required to upload videos (preview or vended) for your items. All other media file types: images, audio and data do not require tokens to upload. Each one (1) minute of video duration requires one (1) upload token. For instance, a 20 minute video requires 20 upload tokens. Unused tokens will remain in your balance and can be used later with additionally purchased tokens. Token Pricing 15 minutes - $14.95 60 minutes (1 hour) - $39.95 120 minutes (2 hours) - $59.95 240 minutes (4 hours) - $99.95 All sales are subject to a 10% sales fee, due the following month. Please feel free to signup and add your products. Would surely appreciate any constructive feedback. Thanks! |
Good luck. (not sarcastic there, actually wishing you good luck).
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I appreciate it. I nearly lost my sanity, freedom and life several times building this thing. I have to make this work or it's all over for me. My entire life and future is on the line.
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Cool. Out of curiosity, what's the difference between your site and the hundreds of other similar sites? (Other than the $1 per minute pricing on video uploads)
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VendBits accepts all media types and doesn't have a review process. The following are all considered competitors: StubHub - only sells tickets - $13B valuation Shutterstock - stock photography, stock footage, stock music, editing tools - $2B market cap Audible - only sells audiobooks - (owned by amazon, $1T market cap) Beatstars - only sells music beats - raised a total of $10M in funding over 1 round Patreon - does not host video content directly on site - $4B valuation Coursera - only sells courses - $3B valuation Udemy - only sells courses - $2B valuation Envato - graphics, audio, video - WP themes/plugins - Community earned over $1B by 2020 Spotify - Podcasts and Music (streaming only) - $20B market cap Gumroad - eBooks, downloads, courses - $100M to $500M valuation as of Mar 16, 2021 Sedo - domain names only - $?M revenue |
Do you have any steps in place to make sure thieves are not uploading other people's content?
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- The design is terrible. It looks like it was done in 2008 - Having to pay to upload a video is insane when there are 1000s of sites taking videos for free (adult, non adult, private, public) Now a few questions pops in my mind: - What's your marketing strategy? - What's the difference between you and all the online shops like sellix.io, Sell.app, Shoppy, and all the similar free marketplace? |
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My constructive feedback is that if you want this to work I would personally recommend you consider:
1. Don't charge a dime for adding products, videos etc. Nobody will want to pay to do these things, especially on an unknown platform with no brand or credibility. 2. I understand WHY you have payments go to the seller directly, but asking them to pay you 10% the next month isn't the way to go, you should be handling the transactions and taking your 10% on a platform like this. 3. For items which don't have an image change the "Preview image not available" to something more attractive. 4. Between your items/listings there is a lack of space and it all crams together too much. put a little spacing between everything. 5. I understand why you are going broad and accepting everything, but you'll probably have an easier time getting traction if you at least start on a niche, and then maybe expand from there. So whatever is easiest to sell (sexy selfies, websites, homemade xxx...) you should focus on getting sellers in that area on the site, getting some relevant traffic of people who buy THAT sort of thing, and getting something going with that first. Right now you are being way too broad... nobody is buying a picture of a boat or a video of a waterfall, dial in on something and get that going first. I have a feeling the easiest starting point might be something adult lol. |
My feedback, in addition to what has already been mentioned (especially taking your cut the second a sale happens, whats to stop me selling something, getting the money and not paying you next month?) would be to add an ebook/audibook specific category.
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Don't charge for uploads create an affiliate system. Not half bad looks are easy to change.
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Stripe will kill your account if someone uploads porn
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I do not get what your offering to be honest.
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Why not sell on the other platforms that are free to upload and have millions of views?
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do your homework... you can't charge for those things unless you go big
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I would have used a ready made e-commerce CMS (open source) solution you could launch in a few days, prior to investing so much time in creating something custom, besides I don't have the dev capabilities.
Good luck and sure it will evolve into something that is a success. |
Vendbits to me sounds like its for computer games.
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What specifically makes the design look like it was done in 2008? Considering Boostrap CSS initial release was August 19, 2011 and mobile responsive design didn't gain traction until at least 2012, your opinion is rejected. Next... What platforms have 0 upfront fees to add video? What are their fees on the backend? 40%, 50%? VendBits fee is 10% I have a lot of ideas for marketing, which I won't discuss here. Just need to figure which is most effective. |
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When I typed 'NFT' into google, the first autosuggest result was 'NFT marketplace'... that's promising :) |
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1. VendBits only charges upfront for videos, every other category/media type is free. I decided on this because video hosting can be expensive. I may drop the video tokens in the future. Personally, I don't think charing $59.95 to upload 2 hours of video is a lot to ask for. It's an experiment. In fact, it should serve as a good filter to keep low-quality garbage off. 2. eBay had payments go directly for sellers spanning three decades until they introduced 'managed payments'. The fact the payment was made directly to my PayPal account at the close of sale was my favorite part of selling on eBay. Never had to wait days, weeks, months for payment. 3. What exactly do you suggest other than this if there is no video, audio, image? https://i.imgur.com/IrJzITW.png 4. I appreciate the suggestion, I was thinking the same. I changed CSS element .item-preview{margin-bottom:X} from 2px to 10px. before: https://i.imgur.com/dc4pfyo.png after: https://i.imgur.com/v1XEyJv.png Opinion accepted. 5. I understand that. I just wanted to seed the marketplace with IP I own myself, most of which are photos and videos. I don't expect people to actually buy my vacation/travel photos shot on my iPhone for stock photos/videos. I agree adult content would be the best selling, but I'm focusing on non-adult at the moment. I may launch a separate side marketplace which only accepts crypto payments since I couldn't do PayPal/Stripe, but then I'd have to get adult billing and manage payments and payouts myself. Surely a possibility though. |
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eBooks fall under 'Writings' category. Audiobooks would be under 'Audio' category. I will probably add sub-categories in the future for easier browsing and have different form fields for 'Add Item'. Thank you for your suggestion/questions. |
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Opinion accepted. |
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https://i.imgur.com/zWKtsBk.png |
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I'll make this into a success, no doubt about that. Anyone thinking or saying otherwise clearly knows nothing about me. :pimp |
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Think of it as a vending machine for digital products. I was very happy the name was still available when I registered it 3 years ago. I use this for the OpenGraph image which shows in link previews when shared on social media: https://vendbits.com/images/ogimage-1200x630.png https://i.imgur.com/Wt4L7RL.jpg This guy added me on instagram after seeing me running up and down stadium steps for hours. He was speaking in Spanish and pointed to his head and said he can see the metal fortitude I have, which is obviously undeniable. |
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1- A lot of platforms have 3 to 5% fees on the sale, nothing upfront. 2- They often have the best UX and UI designer and looks nothing like your platform. Well maybe you're a design genius, but It's clearly not my taste. Good luck anyway. Hard pass on my side. |
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https://i.pinimg.com/originals/43/bb...02f194412c.jpg |
I can see that you poured your soul into it, but the branding is very weak, the logo is bad, and the UI just shows the lack of professionalism, and gives you the impression that it was made by some random guy, and that it's going to go offline in a year or two.
Put simply, neither do the branding, nor the UI inspire much confidence into the service as a whole. While it's something that means everything to you -- personally, it's not something that could get much use anywhere outside of the adult industry for Billie Eilish's latest feet pics, especially if you don't have the proper tools in place to make sure nothing infringing is being offered, etc. It's a commendable effort, but I don't know the viability of the said setup, even if you were to re-brand, and invest into a proper UI... you still need to think about how you're going to charge the customers. You need to provide a little bit of protection to the sellers, too. If you want the full truth... setup some cam stuff,or re-do your product. Make a niche based cam site aggregator so people can easily make niche WordPress cam aggregators. During the setup, they could choose the niche (BBW, Asian, Black, etc) and choose all of the cam sites that they use, the tags that they want to use, and they would end up with a niche cam site aggregator in the end with an option to create blog posts, and go through all of the available models all the whilst respecting CB's rules of not saving thumbnails, etc. But retaining original model data, and letting visitors comment on the model profiles. Moreover, you could also record last seen / last broadcast time, and let visitors vote on the models. The niche sites themselves would serve as a way to promote models from those niches, but also let webmasters sell links and blog posts too, so the layout would have to be made with a blog site in mind, something along the lines of BoobieBlog.com, just a tad better, of course. The homepage should show the latest posts, along with a widget of top models, and the model browse page should be done separately, along with an index of all of the model profiles in the database. If anyone ends up offering something like this, I can just say that you would get a lot of customers, especially if you offer an easy way to add/remove sold links, too. Good luck. homie. |
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It's a marathon, not a sprint, boys.
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https://i.imgur.com/QwtcNwT.png |
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Thanks for the best wishes :) |
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