What is ioffer? ioffer Review

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 grew to nearly 1 million users in 2008, including about 75,000 sellers (but this was unconfirmed).

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.

Fees: 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 things have changed. 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.