Selling as youshare Online. How does that grab you? What do we do when we exchange
info on the Web? We invariably share a link, right? Now apply the same
formula to selling stuff Online. There's a Startup called Gumroad
which allows you to sell anything that can be shared Online, by sending
across a shortened URL. So, if you have a research report or a short
story or even a page of humor that you think will get you customers, you
can sell using this Startup's facilities.
Apparently, as the story goes, the idea hit teenager Sahil Lavingia, founder of Startup, Gumroad, one fine day - would it not be great if he could send links to his friends a link with a payment system built in it? That germ of an idea turned out to be the foundation of his Startup.
Based in San Francisco, California, USA, Gumroad is on its way, the team, too, having expanded. So, what does it really do? Gumroad like the graphic below depicts, allows you to create, share & sell Online.
Gumroad has its own payment system
built in which is provided to the seller. It allows buyers to pay
through almost all the major credit cards & some debit cards, too.
They claim it is safe & secure & does not store card information
unless you open an account with Gumroad.
Here's how things happen: You create a graphic, you find someone who wants to buy it, you use Gumroad to share the buyer a link, buyer pays through credit/debit card & in turn, gets the graphic file downloaded to his PC.
For providing this service, Gumroad charges a commission - 5% of each transaction. Sellers are free to decide the price tag, it is not Gumroad's business. The service can be used by people in 190 countries, so it is almost universal. Also, you can even sell 'Real World' goods like a T Shirt & so on, using this Startup but not before collecting the shipping details.
