Thursday, April 18, 2013
Simple Shopper - The growth potential
Online shopping is a big business. In Q3, Amazon alone had 13 billion dollars in revenue. Online shopping is in the several hundred billion dollar range. If simple shopper got 5% of the transactions with 2% surcharge, Simple Shopper would be a several hundred million dollar a year business.
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i'd love something like this -- kickstarter lets me pay via amazon, and it has definitely lowered the barrier to first use.
ReplyDeletei'd be worried about CC fees eating all your profits unless you can partner with them / ACH / etc.