Idonowidon ' t: a dealer's website benefiting from a breakup lover

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Breaking up can be difficult, but an E-commerce site relies on letting a breakup lover get a certain amount of cash to ease the blow from a failed relationship. Founder Joshopperman said that the "Idonowidon" website began buying and selling engagement rings on the market since 2007, and now retailers have expanded to include jewellery and wedding dresses, and they are walking in two directions: buying and selling diamonds to customers, Expand the international market.

' We've got a lot of global survey data, but we can't deal with them now, ' says Opperman. We need foreign offices to coordinate international issues such as customs, tariffs and taxes. And there is a risk of overseas transportation and certification of valuables such as diamonds.

"Idonowidon ' t" is located in the Diamond area in the heart of New York, so it's easy to go to the next door and check their description with an independent accrediting agency when the business comes in. The whole process of a retailer holding a managed item is probably one months per 150 jewels. It takes an average of one weeks for a ring to be evaluated, sold and delivered to the buyer.

The company's path to growth was its immediate service, which began about a year ago and now represents about 25% of the diamond trade. For consumers who don't want to make lists and don't want to wait for a sale (which could take months or even a year), "Idonowidon" now offers the opportunity to buy things and sell them to jewellery wholesalers and retailers, as long as they hold inventory and verify it long enough, Opperman says.

"Idonowidon ' t" brought about $25000 trillion in sales in the first year, Opperman said he expects sales to reach nearly 3 million dollars this year. Once the customer lists a ring worth 5 million, but it has not been sold, the company will need to cut 15% of the sales price, the price range from 100 to about 100000 dollars. About 90% of the 2000 items listed on the site are engagement rings or wedding rings. Most buyers will buy the same ring as anywhere else for 50 percent of the price.

Although Opperman's idea of starting the site was that he couldn't sell his engagement ring back to a good price after his fiancee left, not all consumers were willing to list these tragic items. Sometimes they even feel they are inheriting something they don't like or causing them to remarry, Opperman says.

In five years, perhaps only three batches of goods were lost or damaged to be repaired, although each jewel was fully insured by FedEx. Opperman said that one months will probably have two single and description different, and even sometimes the sellers do not know the list is not correct, when this happens, "Idonowidon" will contact the buyer to ask if they still want this one, See if the other person wants to renegotiate a new price or is rather a full refund.

Opperman said that once he received an embarrassing call, he had to let each other know that her ex-husband actually did not buy her a real five-carat diamond ring as he promised. This could at least make her feel better after the divorce and then go on with her life.

Via I black Horse by Internetretailer Translator: I World Network business