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I dunno about anyone else, but to me it seems like the whole process is actually more complicated than it is with craigslist ebay.

Also if you aren't charging anyone, how do you plan to make money?

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We are charging 3% of the closing value for each product that is sold. We also offer optional premium services (like eBay) that enhances look of the listing. There is some charge for showing product in "featured products".

In future we also plan get some ads but nothing decided on that yet.

Hope that explains,

If you use ads, either the ads are unrelated and the advertisers will be uninterested, or your sellers are unhappy because your advertising competes with them.

I have a feeling it's like Priceline. On the spread/difference between the reserve/strike price and the bid.

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