The online sales and marketing platform that helps people buy and sell products online has a new way to charge for items: seo cost.
In an interview with BuzzFeed News, CEO of SeoCost, Peter Smith, explained that the service has a lot of advantages over other competitors.
“We’re the only platform that charges directly for product placement in your site.
We don’t need to make a big deal about it,” he said.
“It’s a good thing.”
Smith explained that Seo cost charges a percentage of the purchase price of an item.
For example, if you have a product with a listing for $20, Seocost charges $10 for a product placement.
It’s a one-time fee.
“There’s no hidden fees,” he explained.
“You’re just charged a small fee.”
The service has three major selling points: its ability to generate revenue, it’s easy to set up, and it’s customizable.
The company said it’s adding more products to the marketplace in the coming weeks, and said it plans to expand the platform to other categories like food, beauty, and home furnishings.
For the time being, SeogoCost will only accept Paypal payments, but the company has said it will be expanding its payment system.
“Our pricing is a bit different than others,” Smith said.
He added that the payment system is only “one of the things we’ve added.”
“We’ve built it to work with a variety of different payment methods, and we’ve seen positive feedback,” he added.
“The feedback has been that the system is easier to set-up, easier to use, and cheaper than other options.”
The company has been testing the service for more than a year.
Smith said the service is currently used by about 40% of the 1,300 customers it has on its platform, and he expects the company to grow that figure over the coming months.
He expects to bring Seoco to as many as 5,000 sellers, which will include “smaller merchants and small retailers” as well as “large companies like Walgreens.”
SeoCOst is a relatively new service that aims to solve the problem of getting products in front of customers at the right price.
The idea behind the service comes from a business idea called “value creation.”
If you can show someone something that they might not otherwise see, it creates an impulse that they want to buy it.
That impulse drives the purchase.
“The value is in showing them something that you can’t really do,” Smith explained.
For many customers, it might be something as simple as the appearance of a product.
For others, it could be the price tag, the packaging, the color of the packaging.
“If you can find that special little thing that they really want, you’re selling a product,” he continued.
Smith added that Seoncost has received positive feedback from shoppers, and has been working with brands to incorporate the service into their products.
Smith expects to launch SeonCosts service to retailers in the next few weeks.
He said that the company is aiming to have the service available to its customers within six weeks.
For more on Seo, watch the video below: