Ethair is a new alternative marketplace, released in the January of 2022. Some of its features have yet to be adopted by larger retailers in the distant future. Meanwhile, with its absurdly competitive fees and support of cryptocurrency, Ethair brings a lot of novelties to the table. Learn how Ethair can help you increase your sales below.
Ethair by no means is the definitive lowest fee marketplace. However, due to the fact that it supports a plethora of product categories, comparing it with eBay makes the fees drastically lower and more competitive. When compared to mainstream marketplaces, such as eBay and Etsy, it houses categories dedicated to sellers from both marketplaces.
Platform fees comparison, based on default fees.
Market and ‘Buy-Offer-Bid’
Unlike other marketplaces, Ethair supports both new and used item listing with two different item formats. Under the term ‘Market’, items that are listed are brand new and can only be sold in that state. Meanwhile, ‘Buy-Offer-Bid’ allows sellers to list their items in any state. On top of that, it provides sellers with abilities to place these items for a fixed price (Get It Now), or start off an auction (Auction) with a possibility of reserve (Make An Offer). With an easy distinction between the two, buyers can easily sort through which increase the potential reach of your offering and chances of conducting a sale.
Market and ‘BOB’ filters at the header bar.
Ethair is the first marketplace that natively (as well as from its release) supports cryptocurrency payments for items. A recent study by Pymnts shows nearly 60 percent of consumers wish to purchase stuff with cryptocurrency. Bitcoin shares are owned by roughly 22% of the American adult population. Learn more about the Top 6 Advantages of Selling Items with Cryptocurrency.
Ethair offers various accepted cryptocurrencies for the seller to support, with the most worthy mention of Bitcoin, Ethereum, and USDC. Ethair does help increase your sales by allowing purchase with cryptocurrency. Your items will have a higher engagement rate and chances of a successful sale. Furthermore, by using stablecoin USDC you can close the gap with the traditional currency sales. This allows the safe sale of items for currency or cryptocurrency, while also enjoying the benefits of fraud protection provided by cryptocurrency payments.