Wednesday, October 12, 2011

Heartsy.me?

Heartsy.me is a handmade sales site. Everyday they offer new deals on different shops from around the internet.

Here is a bit from their website:

For Sellers


Heartsy strives to be a champion for independent sellers by providing a platform in which our community of buyers helps us choose which artisans to feature. Learn more about selling on Heartsy here.

Fun Facts 



  1. Heartsy was born (appropriately) on Valentine's Day in 2011.

  2. The most vouchers ever sold by a single deal on Heartsy is 427.

  3. Heartsy has driven 1069 sellers more than 76k voucher sales and $947k+ to date.


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Sounds great you say, but how does it work.

First you sign up for a membership, which is super easy and free. Then you can surf around on their site and see what the current deals are. A deal is a special voucher system (rather like coupons) that you can purchase. You then plug the your specialized voucher number into the shops check out system to get the special Heartsy deal. Most Heartsy deals are at least 50% off regular pricing. Sometimes the discount  is much more. As a seller it is a good deal because you get almost instant cash into your paypal. You reach a larger audience and get some advertising for your shop along with sales and feedback.  Customers have a month to use the voucher before it expires.

    There are a couple of things that you need to know about Heartsy. You submit your deal to Heartsy and have to be approved and not everyone that is approved will reach the final stage. The deals are driven by other heartsy members that vote on your submitted deal.  Your "deal" is for sale for VIP customers for a full 24 hours before your deal becomes open to all  Heartsy members. So you may have two days of sales. Also you have to consider carefully your pricing and shipping. It is your responsibility to make sure that your profits will cover your costs and not leave you in the red. As a vendor you choose how many vouchers are available and what your "Deal" will be.

My heartsy.me deal will run on Saturday and I will report back and let you know how it turned out. I sat down with a numbers person who then ran some numbers for me to make sure that I am not going to be out more money than I will be making. I am assuming that the larger your profit margin the easier it is to make some profit through Heartsy.me.

Talk to you later,

Karen

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