What is iOffer

What is iOffer

iOffer is a negotiation-based transaction system where buyers can ask questions online, negotiate with sellers, finalize transactions and make payments online.


About iOffer

· Founded by Steven Nerayoff in San Francisco on May 1, 2002, it announced in 2008 that it had nearly 1 million users, including about 75,000 sellers (but this was not confirmed).

· The number of Facebook fans exceeds 460,000.

The market is positioned in small wholesale, similar to eBay, DHgate, and Aliexpress;

Buyer groups: United States, United Kingdom, Canada, Australia, France, South Africa;

Payment methods: Paypal, credit card, Google checkout, Alipay, etc.

·Charges: Service fees are charged after the product is sold. For example, if a product worth $30 is sold, iOffer charges about $1.5 (5%);

·Users can open a store for free (buy and sell), but now there are changes. After you register, if you want to become a seller, you need a credit card (can be a virtual credit card) and pay a fee of $20 before you can become a seller.


iOffer store registration account process

The first step is to register a store: click here to directly enter the seller account registration, and set the username, password, contact name and email address according to the prompts on the page to register.


Step 2: After the store is successfully registered, you will receive an email from iOffer. The email contains a confirmation link and confirmation code. Click the link to enter the account and complete the account information.

Step 3: Sellers need to click update to sell to further upgrade to a seller account. After entering the page, follow the prompts to complete the account information. Sellers need to select a "payment method". Offer recommends using Paypal, but sellers also have several third-party payment methods to choose from, including Amazon Payments and two domestic cross-border payment service companies, Jinfu Network Technology and Shanghai Jiuying, as shown in the figure below:


Step 4: Phone verification, via SMS or voice verification:


Platform Commission

After the transaction is completed, the iOffer platform will deduct a commission in proportion to the transaction amount (including shipping costs):


Advantages

1. No product listing fees and low commission fees;

2. The platform has an average monthly visit volume of one million;

3. Low bounce rate means buyers are less likely to churn and they stay online longer.


Disadvantages

Because international credit cards are required, sellers need to register a PayPal account, which seriously affects the seller's payment process. Because counterfeit goods can be sold on Offer (as second-hand goods), if the brand complains, PayPal will freeze the seller's bank account, with a minimum of 180 days to unfreeze, and there is also a permanent freeze, so the seller's interests cannot be guaranteed.


FAQ

Q: What should I do if the buyer lowers the price too much or offers a price you are unwilling to accept?

A: Negotiate and counter-offer with the buyer. Counter-offering is more likely to close a deal than rejecting an offer. Only by maintaining a positive negotiating attitude with the buyer can you avoid missing out on sales opportunities.

Q: Is there anything I should pay special attention to when transferring product information and reviews from accounts such as eBay to iOffer?

A: Before copying and transferring product information and reviews, make sure that specific words or descriptions on platforms such as eBay have been deleted.

Q: Is there any way to increase sales?

A: Encourage buyers to buy bundled products. Bundling products that sellers think are worthwhile or interesting not only helps sell more products, but also brings buyers a more pleasant and affordable shopping experience.

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