BID WITH BIDIUM
Over the years, the most dominant platforms people have used in selling their products have been either eBay or Amazon. About 63% of sellers depend on these platforms for selling their products. However, the centralised nature of these large platforms come along with their own risk to sellers as these platforms act as super powers to all stake holders. How would you as seller in these large platforms when you wake up one day and you are banned or restricted from selling there? How badly will it impact on your business if this is your only sales medium? This is why I think the bidding mechanism will help in the long term as it create a more transparent and more competitive industry. Also, another market that has grown over the years is the freelancing platform. Over 53 million people are doing freelancing work in the U.S which represents 34% of the national force. In the UK, there are 1.4 million freelancers that are working across all sectors. Over 69% of graduates now prefer to...