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I am building a online mall,would you invest in it ?

Located in Website Reviews and Appraisals, started by spy100, Sep 24, 2020

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  1. spy100

    spy100 Established Member ★★★★★★★★★★

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    i am building a online mall,would you invest in it ?

    Preview:

    [​IMG]
     
    Last edited: Sep 28, 2020
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  2. lock

    lock DomainUsed.com VIP

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    No based on half a line of information and a non working screen grab. Offer a reason we would be compelled to invest.
     
    Last edited: Sep 24, 2020
  3. spy100

    spy100 Established Member ★★★★★★★★★★

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    It's a online mall i will try to make it as much as possible as a real mall ... for now it's just a idea ,showing my idea to see if it is worth it ...

    you can shop like on amazon or ebay
     
    Last edited: Sep 24, 2020
  4. lock

    lock DomainUsed.com VIP

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    Give us something to resell a mall whitelabel i have a site i am using to promote similar.
     
  5. spy100

    spy100 Established Member ★★★★★★★★★★

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    will resell the software when ready for the right price of course... it's not a simple script you can use on shared hosting ... it will be a platform ...
     
    Last edited: Sep 24, 2020
  6. lock

    lock DomainUsed.com VIP

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    Well something that requires dedicated hosting needs to offer the return for the bandwidth. I understand as programmer you know what your doing but your going to have to write out a good description of your work in order to find investment and what you require to make it happen.
     
  7. spy100

    spy100 Established Member ★★★★★★★★★★

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    Still long way until that step
     
  8. spy100

    spy100 Established Member ★★★★★★★★★★

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    i decided to change the layout style do to fact there could be thousands of nav links and to use wordpress as main cms as it is easier to manage by people
     
  9. Rick Ace

    Rick Ace Top Contributor VIP

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    Programmers don't have to be marketers, but I think you should elaborate on your idea of an online mall. The concept of an online mall is dated and out of fashion. In the 90s and early 2000s, there were attempts to create online malls, but those couldn't stand up to giants like Amazon and eBay. Physical malls haven't been doing too well either.

    Online mall doesn't say much except to invoke memories of an old concept (both online and in the world). I don't think your idea is dated. But your description isn't helping.
     
  10. spy100

    spy100 Established Member ★★★★★★★★★★

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    The idea is quite simple ...

    Shops / Services Providers rent space on the online mall platform to sell their products / services .

    For the monthly fee they will pay ,let's say 2500 euros per month ... they will get a lot of visitors do to fact we are going to invest most of that money let's say 70% in entertainment/development/programming/marketing & advertising,salaries .

    Here is the diagram

    [​IMG]
     
  11. Rick Ace

    Rick Ace Top Contributor VIP

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    Why not just sell on Amazon or eBay? For those looking for more freedom, Shopify has been popular (and barely costs anything to get started compared to your 2,500/month cost). Facebook has shown interest in allowing for sales on their platform and that hasn't gone unnoticed.

    I'm not seeing anything in your online mall model that is groundbreaking. It only sounds costly to operate and for your customers.
     
  12. spy100

    spy100 Established Member ★★★★★★★★★★

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    The mall will be more human then what ebay and amazon has to offer ... you know when you go to a real mall or a souk,bazaar ,open market ,farmers market etc that interaction feeling you get with shop owner and other people chatting on the streets ...no online shop / malls offers that ...it feels that your not buying from humans or your not in a place where humans are.


    Think of my mall a combination between facebook+instagram+youtube+amazon+shopify+netflix+skype+ etc etc

    The power of the mall increases with amount of shops will join ...
     
  13. Samer

    Samer Top Contributor VIP

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    Love it. Sounds like you’re all in.

    How much invest?
    Can give document investor rights. also need
    “Coming soon” build up the momentum.

    Wish you luck!
    Following

    Samer
     
    Last edited: Sep 29, 2020
  14. spy100

    spy100 Established Member ★★★★★★★★★★

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    You guys (investors) create a pool ,when you have the money to pay for the start up needs/costs ...i can take care of technical after with team of programmers / designers ... you will have to vote and hire the CEO,CTO,CFO,CMO, first ...i just want my role as one of the lead developers + salary + "shares" ...

    CEO will direct the money where it will be needed
     
    Last edited: Sep 29, 2020
  15. omelet

    omelet Top Contributor VIP

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    what's the risk?
     
  16. spy100

    spy100 Established Member ★★★★★★★★★★

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    Risk is like in any investment/startup...

    Ceo/cfo can run away with money if investors vote a "Madoff"
    Shops may not want to join mall
    Some countries may ban online mall do to politicts
    Hyperinflation
    Hackers
    Birocracy
    Etc etc ...

    Like any other investment
     
    Last edited: Oct 1, 2020
  17. spy100

    spy100 Established Member ★★★★★★★★★★

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    This is a big project so it will be fullish for investors to think that wolfs/sharks (scammers ,criminals etc) will not try to join in and get their share of the cake ...
     
  18. omelet

    omelet Top Contributor VIP

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    I think you need more innovative thinking
     
  19. spy100

    spy100 Established Member ★★★★★★★★★★

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    Meaning ? Example ?
     
  20. creataweb

    creataweb Some Guy with Awesome Senior High School Photo VIP ★★★★★★★★★★

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    After this debacle (one of many around I'm sure) not sure if many here would want to anyway. This is just one of the reasons not the only one.
     
  21. Rick Ace

    Rick Ace Top Contributor VIP

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    I mean... He literally mentioned Madoff, but uh... Putting that aside...

    I think you need a plan for accountability. Escrow is one option.
     
  22. spy100

    spy100 Established Member ★★★★★★★★★★

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    Like i said investors have to create their own pool on this and elect/vote the management team..investors are responsible for how they elect ...just like they do it on all companies (annual investors meeting...)
     
    Last edited: Oct 1, 2020
  23. zaimk

    zaimk Established Member

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    Nope, I will risk my oxygen (time and money) if join you now.
    But...
    What I already do is - buy WordPress marketplace theme at ThemeForest.
    Now, I currently loading products by outsourcing with freelancers.
    Need to do marketing after this.
    Later, sell my marketplace for investors.

    I don't want to wait for investors coming to me, because when it will happens?
    Wanted to chat with the buyer for human touch? Use WhatsApp then.

    Sorry to say this.
     
  24. spy100

    spy100 Established Member ★★★★★★★★★★

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    It's not the wp cms that is the main thing ...all people can do that ... it's a platform ,where you make it more powerful with numbers of shops that join in ...
     
  25. LoodeX

    LoodeX Established Member

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    fyi there is a expired domain on godaddy for 25 bucks rn ShopStadium.com might not be a bad domain for the online mall...best of luck!
     

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