Saturday, June 9, 2012

Reducing Commissions on NewEgg and Amazon

NewEgg has lately been reasonably fast and problem free. Problems like this one never reoccurred. All orders that we had lately were filled within a day, even on big orders. This is not to say that you should not expect issues, please still expect all the same procedures, but there is a reason to be cautiously optimistic, that NewEgg gift card ordering process got better.

It also looks like we found a solution to our cash-out problem. Like with anything in our line of business, there is no guarantees, that disaster will not strike again, so we must keep reasonably wide margins for ourselves to cover for risks, but again, there is a reason to suggest that exchange that we are migrating to will be stable.

You will also notice that with addition of our new exchange, base price became better as well.

For all reasons mentioned above, we are reducing our commissions on  NewEgg gift cards to 3% + 50 cents, Amazon to 2% + 50 cents.

UPDATE: What do I know... The very next large order got delayed. Please beware, NewEgg orders are still unreliable.

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